Mark Schlarbaum Irvine California

China now has a $300 billion company

China’s Tencent has joined the exclusive $300 billion club. Tencent shares closed at a record high of 248.40 Hong Kong dollars (just under $32) on Tuesday, valuing the company at more than $302 billion. (Hong Kong markets are closed Wednesday for a holiday.) Tencent (TCEHY) joins Apple (AAPL, Tech30) and Google-parent Alphabet (GOOGL, Tech30) in the ranks of the world’s …