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Tencent Mulls $5B Offshore Bond Sale to Fund AI Push
Why it mattersIf it goes ahead, it would be Tencent's second large bond deal this year; in June it sold $4.66 billion of bonds, its largest debt deal since 2020.
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DeepSeek Nears $12B Funding Round with Tencent and CATL, Doubling Its Original Target
Why it mattersIt is DeepSeek's largest round and China's biggest private AI raise this year; it grew from a 50 billion yuan target to at least 80 billion yuan, with Tencent and CATL among the largest backers.
