According to its hiring site as at Sept 16, Tencent has more than 20 job openings for roles involving cross-border commerce, cloud computing and electronic sports.
Despite the gloomy economic outlook and higher unemployment rate in Singapore, undervalued HRnetGroup could benefit from the expansion of Chinese tech firms here, according to CGS-CIMB Research.
The brokerage notes that Tencent Holdings will be opening a new office in Singapore to support its growing business in Southeast Asia.
