Tencent is first Asian company to top US$500 billion
Tencent, headed by Pony Ma Huateng, has seen its stock price soar nearly 120 per cent so far this year. The Shenzhen-based company reported third quarter net income rose 69 per cent on year, beating market estimates. Earnings were boosted by its smartphone games unit, including Honour of Kings, the fantasy role-playing “multiplayer online battle …