Almost $200B flowing into $TENCENT (00700.HK)$ yesterday via Stock Connect.
$Tencent (TCEHY.US)$ $China Concept Stocks (LIST2517.US)$ $Hang Seng TECH Index (800700.HK)$
$Tencent (TCEHY.US)$ $China Concept Stocks (LIST2517.US)$ $Hang Seng TECH Index (800700.HK)$
Cut RRR by 100bps to 9.5%
Cut LPR by 35bps to 3.1%
Cut interbank rates 8bps to 1.744%
Approved $1.4T in additional debt
Approved $1.4T in local govt debt swap
Approved $838B in additional local govt debt issuance
Cut rates on $5.3T of outstanding mortgages
Reduced the downpayment on new and 2nd hand home purchases from 25% to 15%
Approved tens of billions in loans to financial institutions and listed firms for share buybacks
Yes, they have been working to stimulate ...
Cut LPR by 35bps to 3.1%
Cut interbank rates 8bps to 1.744%
Approved $1.4T in additional debt
Approved $1.4T in local govt debt swap
Approved $838B in additional local govt debt issuance
Cut rates on $5.3T of outstanding mortgages
Reduced the downpayment on new and 2nd hand home purchases from 25% to 15%
Approved tens of billions in loans to financial institutions and listed firms for share buybacks
Yes, they have been working to stimulate ...
Tencent unveiled its latest milestone: a generative video capability powered by its Hunyuan AI model. This follows previous breakthroughs in text-to-text, text-to-image, and 3D generation. Tencent has open-sourced the model, which boasts 13 billion parameters, making it the largest open-source video model currently available.
$TENCENT (00700.HK)$ $Tencent (TCEHY.US)$ $ChatGPT (LIST1347.HK)$
$TENCENT (00700.HK)$ $Tencent (TCEHY.US)$ $ChatGPT (LIST1347.HK)$
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Once a target of Beijing's regulatory crackdown, video gaming and online gaming are seeing growth return. A flurry of game title approvals + realization that the industry can meaningfully contribute to economic growth without harming youth = a more vibrant industry.
$TENCENT (00700.HK)$ $Tencent (TCEHY.US)$ $NetEase (NTES.US)$ $NTES-S (09999.HK)$ $BILIBILI-W (09626.HK)$ $FEIYU (01022.HK)$
$TENCENT (00700.HK)$ $Tencent (TCEHY.US)$ $NetEase (NTES.US)$ $NTES-S (09999.HK)$ $BILIBILI-W (09626.HK)$ $FEIYU (01022.HK)$
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China approved over 100 domestic games for 2nd straight month, analysts expect gaming sector recovery in Q4
$TENCENT (00700.HK)$ $Tencent (TCEHY.US)$ $NetEase (NTES.US)$ $NTES-S (09999.HK)$ $Bilibili (BILI.US)$ $BILIBILI-W (09626.HK)$
$TENCENT (00700.HK)$ $Tencent (TCEHY.US)$ $NetEase (NTES.US)$ $NTES-S (09999.HK)$ $Bilibili (BILI.US)$ $BILIBILI-W (09626.HK)$
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Good news = bad stock price performance.
You could have made a lot of money with put options. 😂
$TENCENT (00700.HK)$ $Tencent (TCEHY.US)$ $BABA-W (09988.HK)$ $Alibaba (BABA.US)$ $JD.com (JD.US)$ $JD-SW (09618.HK)$ $BILIBILI-W (09626.HK)$ $Bilibili (BILI.US)$ $NTES-S (09999.HK)$ $NetEase (NTES.US)$ $Li Auto (LI.US)$ $LI AUTO-W (02015.HK)$ $Tencent Music (TME.US)$ $TME-SW (01698.HK)$ $UP Fintech (TIGR.US)$
You could have made a lot of money with put options. 😂
$TENCENT (00700.HK)$ $Tencent (TCEHY.US)$ $BABA-W (09988.HK)$ $Alibaba (BABA.US)$ $JD.com (JD.US)$ $JD-SW (09618.HK)$ $BILIBILI-W (09626.HK)$ $Bilibili (BILI.US)$ $NTES-S (09999.HK)$ $NetEase (NTES.US)$ $Li Auto (LI.US)$ $LI AUTO-W (02015.HK)$ $Tencent Music (TME.US)$ $TME-SW (01698.HK)$ $UP Fintech (TIGR.US)$
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Revenue +8% to $23.9 billion (BEAT vs $23.3b)
Adjusted EPS +36% to $0.92 (BEAT vs $0.89)
- Total MAU +3% to 1.382m
- Mobile MAU +0.7% to 562m
- Fee-based VAS subs +9% to 265m
- VAS revenue +9% to $11.78b
- Marketing svcs rev +17% to $4.27b
- FinTech/Biz Svcs rev +2% to $7.56b
- Int'l market game gross receipts +30% YoY
- Adjusted EBITDA +13.6% to $9.9b
$TENCENT (00700.HK)$ $Tencent (TCEHY.US)$
Adjusted EPS +36% to $0.92 (BEAT vs $0.89)
- Total MAU +3% to 1.382m
- Mobile MAU +0.7% to 562m
- Fee-based VAS subs +9% to 265m
- VAS revenue +9% to $11.78b
- Marketing svcs rev +17% to $4.27b
- FinTech/Biz Svcs rev +2% to $7.56b
- Int'l market game gross receipts +30% YoY
- Adjusted EBITDA +13.6% to $9.9b
$TENCENT (00700.HK)$ $Tencent (TCEHY.US)$
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Tencent adds 3,000 jobs in third quarter, signalling Big Tech growth in China amid AI race $TENCENT (00700.HK)$ $Tencent (TCEHY.US)$
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Nomura released a report, projecting TENCENT's 3Q24 total revenue to rise 8% YoY, in line with street consensus. The 3Q24 non-IFRS net profit was expected to hike 23% YoY, 3% above street consensus, given ongoing margin expansion. The company’s gross margin is likely to improve by 4 ppts YoY to 53.6% in 3Q24, higher than the market expectation of 53.4%, thanks to the shift in the revenue mix towards high-margin businesses.
Tencent...
Tencent...
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BOCOMI has raised $TENCENT (00700.HK)$ 's target price to HKD 513, up from HKD 486, while maintaining a Buy rating. The firm predicts Tencent's 3Q24 domestic game revenue will rise 29%, still boosted by Dungeon & Fighter: Origins, though slightly lower than the 32% growth in 2Q24. Overseas game revenue is forecast to grow 27% YoY, driven by Supercell's “Brawl Stars”.
Total game revenue for Tencent is expect...
Total game revenue for Tencent is expect...
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