Chinese company Tencent surpassed Facebook in market value after Tencent shares increased by 4.5% on the Hong Kong Stock Exchange. On July 28, Tencent was worth $ 664.5 billion, while Facebook was worth $656.15 billion.
Tencent develops popular online games such as Clash of Clans, Fortnight, and Call of Duty, and also owns the popular Chinese messenger WeChat.