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Tech trade fair’s success reflects industry’s rapid rise

Tech trade fair’s success reflects industry’s rapid rise
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Hong Kong-listed Tencent Holdings rose nearly 3 percent Friday to 403.4 HK dollars per share, making the Chinese Internet giant Asia’s largest company by market value.

The company’s fiscal report, released Wednesday, showed third-quarter revenue rocketed up 61 percent year on year to 65 billion yuan (9.8 billion U.S. dollars).

The China Hi-Tech Fair (CHTF), China’s largest high-tech fair, held annually in Shenzhen, where Tencent is based, has also witnessed spectacular growth since its days as a young startup.

Read the full story at http://news.xinhuanet.com/english/2017-11/19/c_136764182.htm

SOURCE: Xinhuanet

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