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 China’s second-biggest Internet company. Tencent is set for a 12 percent advance this week in Hong Kong, the steepest such gain … Read more