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Tencent's Stock Tumbles Nearly 6%, Named as the Stock with the Greatest Market Cap Decline in Q2 Amid Public Fund Sell-Off
1 day ago /
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Author：小编
On July 22, Tencent Holdings (0700.HK) experienced a sharp, albeit brief, drop of nearly 6% during intraday trading, with its stock price hitting HK$446.6. In terms of market news, the full disclosure of public funds' second-quarter reports for 2026 has revealed that Tencent suffered the largest market capitalization decrease in the second quarter as a result of selling activities. The reduction amounted to HK$18.737 billion, leading to its removal from the list of top 10 heavily weighted stocks. Furthermore, southbound funds have engaged in net selling of Tencent for three consecutive days, with the total amount reaching HK$1.87077 billion.
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