SEHK:700Interactive Media and Services
How Investors Are Reacting To Tencent Holdings (SEHK:700) Esports Record And MiniMax AI IPO Plans
Tencent recently co-hosted the KPL 2025 Grand Finals in Beijing’s National Stadium with Hero Esports, setting a Guinness World Record for single-event esports attendance with 62,196 fans, while another Tencent-backed company, AI start-up MiniMax, has moved ahead with plans to use its proposed Hong Kong IPO proceeds to fund research and development.
Together, these developments highlight Tencent’s broad reach across competitive AI and mobile gaming, reinforcing its influence in both global...