Tencent bumps Facebook from top 5

Dubbed the "anchor" of the benchmark Hang Seng Index, Tencent knocked Facebook off the pedestal to become the fifth-largest company around the world in terms of market value on Tuesday.

This came after the Shenzhen-based company beat its rival Alibaba Group to break through the $500 billion market capitalization barrier on Monday - the first to do so on the Chinese mainland and across Asia, rubbing shoulders with industry titans Apple, Alphabet (Google), Microsoft, Amazon and Facebook.

Tencent shares rose by 2.4 percent to finish at another high of HK$430($55.04) after peaking at HK$439.6 in the morning session on Tuesday - taking the four-day gain to more than 12 percent.