Asia's most valuable firm Tencent adds $18 billion in 1 day
Asia's most valuable firm Tencent Holdings added around $18 billion in market capitalisation on Thursday after the company posted a 61% year-on-year rise in net profit to $3.7 billion for March quarter. The company's shares surged about 3.7%, taking its total market capitalisation to $511 billion. The social media giant's shares have surged around 46,871% since its listing in 2004.