In the first half of 2016, the company's revenue was RMB 67.686 billion (US$10.207 billion), a year-on-year increase of 48%. Profit attributable to equity holders was RMB 19.920 billion (US$3.004 billion), a year-on-year increase of 40%. [5] In August 2016, Tencent Holdings Limited ranked 140th in the "2016 China Top 500 Enterprises". [6] On September 5, 2016, the company's stock price continued to rise sharply after the market opened, reaching HK$209.40, with a market value of HK$1.982 trillion. This not only surpassed Alibaba Group, but also exceeded China Mobile for the first time, outpacing established state-owned companies such as ICBC and PetroChina, making it the company with the highest market value in Asia.
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