腾讯股价创新高
[font=Verdana, Arial, Tahoma][size=14px][b]Shares in China's biggest online firm, Tencent Holdings, rose to a record high after it announced an investment in a logistics and warehouse company.[/b][/size][/font][font=Verdana, Arial, Tahoma][size=14px][b]中国最大的互联网公司，腾讯控股宣布将对一家物流仓库公司进行投资，随后其股票上升至新高。[/b][/size][/font]
[font=Verdana, Arial, Tahoma][size=14px][img=304,171]http://www.enread.com/upimg/allimg/140116/1_140116083059_1.png[/img]
[color=#0000FF]Tencent runs some of the most popular messaging services in China[/color]
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[font=Verdana, Arial, Tahoma][size=14px][url=http://www.enread.com/news/business/95412.html]Tencent[/url] bought a 9.9% stake in China South City for $1.5bn Hong Kong dollars in a bid to further beef up its e-commerce business.[/size][/font]
[font=Verdana, Arial, Tahoma][size=14px]It will have the option to increase its stake to 13% over the next two years.[/size][/font]
[font=Verdana, Arial, Tahoma][size=14px]Tencent shares rose more than 5% in Hong Kong on Thursday on the news.[/size][/font]
[font=Verdana, Arial, Tahoma][size=14px]China South City stock also rose to a record, surging 83% in Hong Kong.[/size][/font]
[font=Verdana, Arial, Tahoma][size=14px]"Chinese small-to-medium-sized enterprises have huge demand to expand their businesses online," Tencent President Martin Lau Chi Ping said in a statement.[/size][/font]
[font=Verdana, Arial, Tahoma][size=14px]"Cooperation with China South City enables us to jointly facilitate such enterprises migrating online, utilising China South City's physical locations and logistics capabilities." [/size][/font]
[font=Verdana, Arial, Tahoma][size=14px]Both companies are headquartered in the southern Chinese [url=http://www.enread.com/news/business/95412.html]business[/url] hub of Shenzhen.[/size][/font]
[font=Verdana, Arial, Tahoma][size=14px]They will collaborate on online payment services, and warehousing and delivery services.[/size][/font]
[font=Verdana, Arial, Tahoma][size=14px]China South City said in a statement the deal will also allow both firms to "benefit from the economies of scale."[/size][/font]
[font=Verdana, Arial, Tahoma][size=14px][b]Online competition[/b][/size][/font]
[font=Verdana, Arial, Tahoma][size=14px]The purchase will also up Tencent's rivalry with e-commerce giant Alibaba over control of China's lucrative internet commerce sector. [/size][/font]
[font=Verdana, Arial, Tahoma][size=14px]China is the world's biggest internet market, with an estimated 608 million users.[/size][/font]
[font=Verdana, Arial, Tahoma][size=14px]Online retail in China is forecast to more than triple to $395 billion by 2015, according to a report by McKinsey & Co.[/size][/font]
[font=Verdana, Arial, Tahoma][size=14px]Both companies have been looking to expand their offerings as more [url=http://www.enread.com/news/business/95412.html]internet[/url] and smartphone users spend money online.[/size][/font]
[font=Verdana, Arial, Tahoma][size=14px]As a result, Tencent and Alibaba have increasingly moved into each others traditional territories.[/size][/font]
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