Tencent banking plans gives shares 12% boost, best week since 2011

By Jonathan Burgos (Bloomberg) — Tencent Holdings Ltd. is poised for the biggest weekly advance in three years on analyst upgrades and speculation the addition of online banking and stockbroking will boost earnings at Chinaโ€™s second-biggest Internet company. Tencent is set for a 12 percent advance this week in Hong Kong, the steepest such gain … Read more