Current Affairs - Business - Discussion
Discussion Forum : Business - Latest Current Affairs (Q.No. 1346)
1346.
Who Becomes First Chinese Tech Firm Valued over $500 Billion?
Answer: Option
Explanation:
Tencent becomes the first Chinese company to be valued at more than $500 billion in Asia. The Shares of the 19-year-old company, which is listed on the Hong Kong Stock Exchange, rallied to reach HK $418.80 to give it a market cap of HK$3.99 trillion which takes past the $500 billion mark. Alibaba is Asia's second-highest-valued firm at $474 billion.
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