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00700 TENCENT

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373.000
+9.000+2.47%

Noon Break Jul 22 11:59 CST

3.48TMarket Cap24.01P/E (TTM)

TENCENT Stock Forum

Feirre

1 hour ago

CICC Forecasts TENCENT 2Q Non-IFRS NP to Rise 26% on Intact Game Biz Trend

CICC forecasts TENCENT's 2Q24 non-IFRS net profit to rise by 26% YoY to RMB47.2 billion, driven by a 6% revenue growth to RMB157.6 billion and a 19% increase in non-IFRS operating profit to RMB54.9 billion.
The game revenue is expected to grow by 4% YoY in 2Q24 and 6% YoY for 2024, thanks to a promising outlook for TENCENT's domestic and overseas game businesses, including subsidiaries Supercell and Riot Games.
CICC ma...

Spinee

1 hour ago

As for techs, $BABA-SW(09988.HK)$ opened flat at $73.8. $TENCENT(00700.HK)$ lifted 0.9% at $367.2. $MEITUAN-W(03690.HK)$ hiked 1.2%. $KUAISHOU-W(01024.HK)$ and $BILIBILI-W(09626.HK)$ sank 1.4% and 2.6%. $XIAOMI-W(01810.HK)$ and $JD-SW(09618.HK)$ lifted 0.2% and 0.1%. $SUNNY OPTICAL(02382.HK)$ forecasted a profit of over RMB1 billion in 1H24, with a growth of 1.4-1.6x, and its share price opened 2% higher at $49.5.

Spinee: 恒指上涨47点；小鹏汽车上涨约3％

Feirre

2 hours ago

TENCENT Purportedly Takes Over ByteDance's NUVERSE Arm

Shanghai Aojue Digital Technology recently underwent industrial changes, where NUVERSE's Shanghai Mokun Digital Technology exited as a shareholder, and TENCENT’s Guangxi Tencent Venture Capital became the new and sole shareholder, also changing the company's key personnel.
Shanghai Aojue Digital Technology, established in January 2017, engages in value-added telecommunications, internet information services, and computer hardware/software wh...

Paul Anthony Chin

Jul 19 03:06

$TENCENT(00700.HK)$ Tesla fake News this real app moomo comments today

Spinee

Jul 19 02:37

Goldman Sachs cuts China 2024 GDP forecast to 4.9% from 5.0% and raises 2025 forecast to 4.3% from 4.2%.
$KraneShares CSI China Internet ETF(KWEB.US)$ $Global X MSCI China Consumer Discretionary ETF(CHIQ.US)$ $BABA-SW(09988.HK)$ $TENCENT(00700.HK)$ $XIAOMI-W(01810.HK)$ $BIDU-SW(09888.HK)$

Spinee

Jul 19 01:10

China accounted for just 19% of Temasek's portfolio as of March, while investments in the Americas made up 22% of assets, second only to Singapore at 27%.
Temasek has long been one of the biggest institutional investors in China, which accounted for 29% of its portfolio as recently as 2020.
Per Bloomberg
$Alibaba(BABA.US)$ $BABA-SW(09988.HK)$ $TENCENT(00700.HK)$ $Tencent(TCEHY.US)$ $MEITUAN-W(03690.HK)$ $Meituan ADR(MPNGY.US)$ $JD.com(JD.US)$ $JD-SW(09618.HK)$ $Cainiao Smart Logistics Network Limited(810537.HK)$ $KUAISHOU-W(01024.HK)$ $XIAOMI-W(01810.HK)$ $CCB(00939.HK)$ $BANK OF CHINA(03988.HK)$

Who Am I

Jul 18 22:24

Up down up down.... UP

$TENCENT(00700.HK)$

Spinee

Jul 18 22:17

Unlike Many Major Companies Burning Cash, "Pinduoduo of AI" DeepSeek is Profitable

In Silicon Valley, DeepSeek is known as a "mysterious force from the East." This reputation stems from DeepSeek's comprehensive innovations in model architecture.
The company's new MLA (Multi-head Latent Attention) architecture reduces memory usage to just 5%-13% of the most commonly used MHA architecture. Additionally, its proprietary DeepSeekMoESparse structure minimizes computational costs, resulting in signifi...

Semiconductor stocks swing: What's next?

Feirre

Jul 18 22:15

TENCENT's Mobile Game 'Dream Star' DAUs Recover to 10M+ Reportedly

TENCENT's mobile game "Dream Star" recovered to more than 12 million daily active users (DAUs) recently, after previously dropping to less than 10 million. At its peak during the Spring Festival, "Dream Star" surpassed NTES's "Egg Party" with over 50 million DAUs.
The development cost for "Dream Star" is estimated to be RMB800 million - RMB1 billion, with a team size of about 200-300 people, including members transferred from oth...

Feirre

Jul 18 21:36

HKD1.4B Southbound Trading Net Inflow to TENCENT

There was HKD1.4 billion, HKD241.2 million and HKD177.3 million Southbound Trading net inflow to $TENCENT(00700.HK)$ , $XIAOMI-W(01810.HK)$ and $CNOOC(00883.HK)$ .
There was HKD583.1 million, HKD127.3 million and HKD21.6 million Southbound Trading net outflow from $TRACKER FUND OF HONG KONG(02800.HK)$ , $MEITUAN-W(03690.HK)$ and $SMIC(00981.HK)$ .
For $SH->HK Connect(GangGuTong.HK)$ , $TENCENT(00700.HK)$ was the most active ...

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