Tencent sells $5b bond, drawing comparisons to Alibaba

Tencent Lianjia
A pedestrian walks past Tencent Holdings Ltd.'s new under construction headquarters in Shenzhen, China, on Monday, Aug. 22, 2016. Photographer: Qilai Shen/Bloomberg

Tencent Holdings Ltd. sold $5 billion bonds, the company’s biggest U.S. dollar offering and the first time its issued debt since 2015, drawing comparisons to the debt of internet giant Alibaba Group Holding Ltd.

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