Last night, the three major U.S. stock market indexes collectively opened on a positive note, with Chinese stocks generally following suit. Among them, Tencent Holdings' American Depositary Receipts (ADR) surged by an impressive 7.4%, achieving a new high not seen in over four years. This surge propelled Tencent's total market value to exceed US$700 billion, roughly equivalent to RMB 5.02 trillion.
