Feirre wrote a post · Aug 5 01:59

Morgan Stanley: Tencent is a "Catalyst-Rich Safe Haven"

Morgan Stanley expects Tencent's gaming business to achieve rapid growth in Q2 this year, becoming a leading indicator of the company's future profit surprises.

Morgan Stanley set a target price of HKD 450 for Tencent's Hong Kong stock, 25.6% higher than Friday's closing price.

$TENCENT (00700.HK)$ $Tencent (TCEHY.US)$ $China Concept Stocks (BK2517)$ $Hang Seng TECH Index (800700.HK)$

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Feirre

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