In November 8th, Tencent shares continued to rise for many days, continued to rise today, the highest intraday rise to 398.6 Hong Kong dollars, the market capitalization over Alibaba, once again topped the market value of Asia first.
Alibaba listed yesterday closed at $188.51, with a market capitalisation of $482 billion 600 million.
At 11:41 Beijing time, Tencent shares were quoted at HK $398, and Tencent's market capitalization reached HK $37806, or about 484 billion 400 million US dollars, at HK $398.
Tencent's reading group, which was listed at HKEx today, rose sharply after its opening, rising to HK $110, double the issue price of HK $55.
UBS recently reported that Tencent and Alibaba's internationalization process has just started, the future potential is still very large. The agency shares two companies