Tencent Holdings Limited bonds 0700.HK
Who owns Tencent Holdings Limited's debt and what their own filings say it is worth. Bond prices and yields are fund-reported marks (SEC Form N-PORT) as of Jul 2026; they lag the market by about two months. 0700.HK stock page.
Every bond funds hold
Each bond's latest fund-reported mark. Price per 100 of face value; yield to maturity from price, coupon and maturity; spread over the matched-maturity Treasury for US-dollar bonds.
| Bond | Coupon | Maturity | Ccy | Price | Yield | Spread | Funds | Held | As of |
|---|---|---|---|---|---|---|---|---|---|
| 88032XAG9 | 3.595% fixed | 2028-01-19 | USD | 98.79 | 4.46% | 33 bp | 3 | $3.7M | Jul 2026 |
| 88032WAG1 | 3.595% fixed | 2028-01-19 | USD | 99.17 | 4.13% | 20 bp | 2 | $17.6M | May 2026 |
| 88032WAN6 | 3.975% fixed | 2029-04-11 | USD | 99.08 | 4.33% | 18 bp | 1 | $556K | Jun 2026 |
| 88032XAN4 | 3.975% fixed | 2029-04-11 | USD | 98.67 | 4.50% | 25 bp | 3 | $6.1M | Jul 2026 |
| 88032WAU0 | 2.39% fixed | 2030-06-03 | USD | 92.34 | 4.59% | 30 bp | 1 | $3.7M | Jul 2026 |
| 88032XAU8 | 2.39% fixed | 2030-06-03 | USD | 92.15 | 4.64% | 36 bp | 3 | $3.7M | Jul 2026 |
| 88032WBA3 | 2.88% fixed | 2031-04-22 | USD | 93.90 | 4.27% | 13 bp | 3 | $1.8M | May 2026 |
| 88032XBA1 | 2.88% fixed | 2031-04-22 | USD | 92.53 | 4.66% | 34 bp | 3 | $555K | Jul 2026 |
| HK0001193041 | 2.5% fixed | 2035-09-23 | CNY | 103.03 | 2.13% | — | 1 | $1.5M | Jul 2026 |
| 88032WBE5 | 5% fixed | 2036-06-16 | USD | 98.28 | 5.22% | 63 bp | 3 | $7.3M | Jul 2026 |
| 88032XAH7 | 3.925% fixed | 2038-01-19 | USD | 87.51 | 5.40% | 72 bp | 3 | $1.6M | Jul 2026 |
| 88032WAH9 | 3.925% fixed | 2038-01-19 | USD | 90.31 | 5.04% | 50 bp | 1 | $53K | Jun 2026 |
| 88032XBB9 | 3.68% fixed | 2041-04-22 | USD | 80.95 | 5.59% | 75 bp | 2 | $1.4M | Jul 2026 |
| 88032WBB1 | 3.68% fixed | 2041-04-22 | USD | 85.27 | 5.10% | 36 bp | 2 | $1.5M | May 2026 |
| 88032WBF2 | 5.6% fixed | 2046-06-16 | USD | 95.89 | 5.95% | 85 bp | 1 | $192K | Jul 2026 |
| 88032WAQ9 | 4.53% fixed | 2049-04-11 | USD | 82.10 | 5.98% | 87 bp | 1 | $164K | Jul 2026 |
| 88032XAQ7 | 4.53% fixed | 2049-04-11 | USD | 81.93 | 6.00% | 89 bp | 2 | $655K | Jul 2026 |
| 88032XAV6 | 3.24% fixed | 2050-06-03 | USD | 65.11 | 6.01% | 91 bp | 2 | $2.0M | Jul 2026 |
| 88032WAV8 | 3.24% fixed | 2050-06-03 | USD | 65.31 | 5.99% | 89 bp | 1 | $4.6M | Jul 2026 |
| 88032WBC9 | 3.84% fixed | 2051-04-22 | USD | 77.97 | 5.47% | 44 bp | 2 | $3.5M | May 2026 |
| 88032XBC7 | 3.84% fixed | 2051-04-22 | USD | 72.03 | 6.03% | 92 bp | 3 | $2.2M | Jul 2026 |
| 88032XAW4 | 3.29% fixed | 2060-06-03 | USD | 60.64 | 6.03% | 93 bp | 2 | $606K | Jul 2026 |
| 88032WAW6 | 3.29% fixed | 2060-06-03 | USD | 65.02 | 5.61% | 66 bp | 1 | $3.3M | Jun 2026 |
| 88032WBD7 | 3.94% fixed | 2061-04-22 | USD | 75.86 | 5.50% | 47 bp | 2 | $2.2M | May 2026 |
| 88032XBD5 | 3.94% fixed | 2061-04-22 | USD | 69.71 | 6.03% | 93 bp | 2 | $1.1M | Jul 2026 |
Spread history
Median spread of the US-dollar bonds over Treasuries, month-ends with complete filings. Fund-reported.
Price history
Median fund-marked price across the bonds, per 100 of face value.
By month
Funds file on staggered quarter-ends, so each month-end is marked by the funds that reported for it; the amount held moves with which funds filed, not only with buying and selling.
| Month-end | Bonds | Held | Median price | USD yield | USD spread | Most funds on one bond |
|---|---|---|---|---|---|---|
| Jul 2026 | 17 | $41.0M | 87.51 | 5.50% | 74 bp | 3 |
| Jun 2026 | 16 | $50.1M | 90.28 | 5.03% | 50 bp | 5 |
| May 2026 | 16 | $72.5M | 89.50 | 4.95% | 36 bp | 3 |
| Apr 2026 | 15 | $30.3M | 87.69 | 4.97% | 54 bp | 3 |
| Mar 2026 | 15 | $45.9M | 91.05 | 4.93% | 52 bp | 5 |
| Feb 2026 | 14 | $74.8M | 89.74 | 4.69% | 36 bp | 3 |
| Jan 2026 | 15 | $30.6M | 89.45 | 4.77% | 44 bp | 3 |
| Dec 2025 | 17 | $63.1M | 92.88 | 4.71% | 44 bp | 6 |
| Nov 2025 | 15 | $79.9M | 91.55 | 4.77% | 40 bp | 7 |
| Oct 2025 | 16 | $42.3M | 93.24 | 4.56% | 41 bp | 3 |
| Sep 2025 | 18 | $90.2M | 92.91 | 4.40% | 43 bp | 6 |
| Aug 2025 | 15 | $76.0M | 88.51 | 5.12% | 50 bp | 7 |
| Jul 2025 | 17 | $44.1M | 89.03 | 5.13% | 60 bp | 4 |
Who holds the debt
Fund series in their latest quarterly N-PORT report, largest first, with the change in face value against each fund's own previous report. Names as reported in the filings. 7 added, 1 cut, 5 new holders and 2 exits in the latest quarter.
| Fund series | Report | Face value | Value | Change in face value |
|---|---|---|---|---|
| iShares 1-5 Year Investment Grade Corporate Bond ETF iShares Trust | 2026-05-31 | $40.6M | $39.7M | $420K |
| Bond Fund of America | 2026-06-30 | $33.2M | $27.4M | $0 |
| iShares Broad USD Investment Grade Corporate Bond ETF iShares Trust | 2026-05-31 | $28.2M | $24.6M | $960K |
| iShares Core Universal USD Bond ETF iShares Trust | 2026-07-31 | $22.4M | $19.2M | $6.0M |
| American Funds Emerging Markets Bond Fund | 2026-06-30 | $15.0M | $10.8M | $6.9M |
| American Funds Multi-Sector Income Fund | 2026-06-30 | $10.4M | $7.7M | -$1.1M |
| iShares 10+ Year Investment Grade Corporate Bond ETF iShares Trust | 2026-05-31 | $7.2M | $5.6M | $170K |
| ABRDN ASIA-PACIFIC INCOME FUND, INC. | 2026-07-31 | $4.8M | $4.7M | new |
| New World Fund Inc | 2026-07-31 | $7.1M | $4.6M | $0 |
| iShares J.P. Morgan EM Corporate Bond ETF iShares, Inc. | 2026-07-31 | $4.5M | $3.8M | $800K |
| American Funds Global Balanced Fund | 2026-07-31 | $4.0M | $3.7M | $0 |
| iShares Core 1-5 Year USD Bond ETF iShares Trust | 2026-07-31 | $2.8M | $2.7M | $400K |
| International Bond Fund Principal Funds, Inc | 2026-07-31 | $10.0M | $1.5M | first report |
| Capital World Bond Fund | 2026-06-30 | $1.1M | $1.0M | $0 |
| iShares ESG Advanced Universal USD Bond ETF iShares Trust | 2026-05-31 | $1.0M | $864K | new |
| Total Return Portfolio LORD ABBETT SERIES FUND INC | 2026-06-30 | $847K | $846K | new |
| PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund PIMCO ETF Trust | 2026-06-30 | $832K | $793K | $0 |
| AB GLOBAL BOND FUND, INC. | 2026-06-30 | $710K | $660K | $0 |
| WisdomTree VOYA Yield Enhanced USD Universal Bond Fund WisdomTree Trust | 2026-05-31 | $559K | $510K | $0 |
| iShares Core 10+ Year USD Bond ETF iShares Trust | 2026-05-31 | $600K | $478K | $0 |
| MFS GOVERNMENT MARKETS INCOME TRUST | 2026-05-31 | $501K | $470K | $0 |
| BlackRock Credit Allocation Income Trust | 2026-06-30 | $400K | $365K | $0 |
| ActivePassive Core Bond ETF Trust for Professional Managers | 2026-05-31 | $353K | $350K | $0 |
| New World Fund AMERICAN FUNDS INSURANCE SERIES | 2026-06-30 | $380K | $262K | $0 |
| Guardian Core Plus Fixed Income VIP Fund Guardian Variable Products Trust | 2026-06-30 | $200K | $200K | new |
Largest exits in the latest quarter (fund held the bonds in its previous report, none now): iShares 5-10 Year Investment Grade Corporate Bond ETF ($3.3M), MFS INTERMEDIATE INCOME TRUST ($1.5M).
ETFs holding these bonds
From each ETF's own latest N-PORT report: the issuer's bonds as a share of the ETF's net assets. A holdings list, not a recommendation.
| ETF | Report | Bonds | Face value | Value | % of net assets |
|---|---|---|---|---|---|
| IGSB iShares 1-5 Year Investment Grade Corporate Bond ETF | 2026-05-31 | 4 | $40.6M | $39.7M | 0.18% |
| USIG iShares Broad USD Investment Grade Corporate Bond ETF | 2026-05-31 | 11 | $28.2M | $24.6M | 0.14% |
| IUSB iShares Core Universal USD Bond ETF | 2026-07-31 | 12 | $22.4M | $19.2M | 0.04% |
| IGLB iShares 10+ Year Investment Grade Corporate Bond ETF | 2026-05-31 | 7 | $7.2M | $5.6M | 0.21% |
| CEMB iShares J.P. Morgan EM Corporate Bond ETF | 2026-07-31 | 12 | $4.5M | $3.8M | 0.94% |
| ISTB iShares Core 1-5 Year USD Bond ETF | 2026-07-31 | 4 | $2.8M | $2.7M | 0.05% |
| EUSB iShares ESG Advanced Universal USD Bond ETF | 2026-05-31 | 5 | $1.0M | $864K | 0.12% |
| CORP PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund | 2026-06-30 | 3 | $832K | $793K | 0.05% |
| UNIY WisdomTree VOYA Yield Enhanced USD Universal Bond Fund | 2026-05-31 | 1 | $559K | $510K | 0.04% |
| ILTB iShares Core 10+ Year USD Bond ETF | 2026-05-31 | 3 | $600K | $478K | 0.08% |
| APCB ActivePassive Core Bond ETF | 2026-05-31 | 1 | $353K | $350K | 0.04% |
| BEMB iShares J.P. Morgan Broad USD Emerging Markets Bond ETF | 2026-07-31 | 1 | $200K | $144K | 0.34% |
| BNDP VANGUARD CORE-PLUS BOND INDEX ETF | 2026-06-30 | 1 | $60K | $54K | 0.04% |
Default risk, three ways
Stock market: distance-to-default
Distance-to-default 6.45: safer than 62% of companies (59th percentile in Communication Services). Market-implied, prices to 2026-10-16, balance sheet 2026-06-30.
| Equity value | $478.35B |
| Debt barrier (short-term + ½ long-term debt) | $41.19B |
| Equity volatility (1 year) | 42.0% |
| Asset value / asset volatility (solved) | $517.82B / 38.8% |
| Risk-free rate (1-year Treasury) | 4.28% |
Bond market: priced-in odds
A 74 bp spread prices in about 1.2% a year of default odds (spread ÷ (1 − 40% recovery)). Fund-reported marks as of Jul 2026; the spread also pays for liquidity and risk premium, so this overstates actual defaults.
Accounts: Altman Z
Altman Z'' = 4.15 (latest balance sheet). A fundamentals cross-check; see methods for the variant used.
The stock side: 13F filings
What institutions report holding in 0700.HK's stock and options. Options are reported at the value of the underlying shares, not the premium paid; 13F lists long positions only, lags 45 days after quarter-end, and does not show whether puts hedge a stock position.
| Quarter-end | Stock holders | Stock value | Put managers | Puts (underlying value) | Call managers | Calls (underlying value) | Convertible holders |
|---|---|---|---|---|---|---|---|
| 2026-09-30 filings still arriving | 9 | $9.6M | 0 | — | 0 | — | 0 |
| 2026-06-30 | 38 | $67.2M | 0 | — | 0 | — | 0 |
| 2026-03-31 | 39 | $75.8M | 0 | — | 0 | — | 0 |
| 2025-12-31 | 52 | $96.5M | 0 | — | 0 | — | 0 |
| 2025-09-30 | 47 | $136.8M | 0 | — | 0 | — | 0 |
| 2025-06-30 | 44 | $107.1M | 0 | — | 0 | — | 0 |
Sources: fund holdings and fund-reported marks from SEC Form N-PORT (published about 60 days after each month-end); 13F filings; House and Senate periodic transaction reports and OGE Form 278-T; Treasury yields from FRED. Findings from filings, not advice. How each number is computed.