In December p>214, Ma Huateng, Chairman and CEO of Tencent Holdings, reduced his shareholding in Tencent Holdings at a price ranging from HK$ 118.61 to HK$ 119.97, with a total cash of HK$ 3 billion, or US$ 387 million. A spokesperson for Tencent said that Ma Huateng's reduction of Tencent Holdings shares was related to his personal wealth management. Earlier, Ma Huateng also participated in the private placement of Ping An in China.

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The shares reduced by Ma Huateng this time account for less than .5% of the total share capital of Tencent Holdings. That is to say, despite this shareholding reduction, Ma Huateng is still the largest individual shareholder in Tencent Holdings, and his shareholding is 9.87%. According to the ranking of Hurun Report, Ma Huateng ranks third among the richest people in China, and his net worth is about $14 billion.

Some time ago, according to Hurun Cash Rich List, Ma Huateng cashed in 7.9 billion yuan, which made him the king of cash in 216. In the past year, the market value of the shares reduced by Ma Huateng was more than 2 billion, and he used 13.9 billion for charity and cashed in 7.9 billion.