Weekly Recap: Q2 revenue +11% to RMB204.8bn and 696k-share HKEX buybacks
Tencent Holdings Ltd (HKEX:700) reported Q2 revenue up 11% to RMB204.8bn while capex surged 176% to RMB52.8bn and FCF turned negative RMB13.8bn, bought back 696k HK shares for ~HK$301.1m, saw a paper gain from Enflame after its IPO, and backed AI start—up DeepSeek.Previous Week RecapThis is an AI-g…