TENCENT (00700) Stock Price, News, Quotes-Moomoo

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00700 TENCENT

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419.800
-8.000-1.87%

Market Closed Nov 6 16:08 CST

3.90TMarket Cap23.28P/E (TTM)

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Express News | Tencent Music Entertainment Group : Barclays Initiates Coverage With Overweight Rating; Target Price $16
Reuters29minutes ago
The total turnover of the Southbound Stock Connect in October was 1.7 trillion Hong Kong dollars, a 64% increase month-on-month.
In October, the total trading volume of the northbound Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect was nearly 4.6 trillion RMB, a significant increase of 108% compared to September; the total trading volume of the southbound Hong Kong Stock Connect was 1.7 trillion Hong Kong dollars, a 64% increase from September.
Zhitong Finance06:12 ET
Hong Kong Stocks Open Lower as Investors Await US Election Results
MT Newswires23:14 ET
Tongcheng Travel Holdings (SEHK:780) Eyes Growth With Tencent Alliance Amid Earnings Surge and Shareholder Meeting
Yahoo Finance19:24 ET
Tencent Holdings (SEHK:700) Eyes Potential Buyout of Ubisoft to Enhance Gaming Market Position
Yahoo Finance19:24 ET
EqualOcean ADR Statistics | November 6th
Hsi adr fell, closing at 20906.97 points, down 100 points or 0.48% compared to the Hong Kong market close.
Zhitong Finance17:35 ET

Comments

Binni Ong

8 hours ago

Why Stocks Drop After a Rally - How to Catch the Right Entry on HSI & Tencent

While everyone’s focused on the U.S. election results and American stocks, don’t overlook the Hang Seng Index, which has rallied more than 35% from its September low just two months ago.
Now that prices have retraced 50% of that upward move, is it time to buy?
In this video, I’ll discuss why stock prices often dip after a big rally.
We’ll dive into the psychology behind these moves and how it can help you time your en...

BoredApe333

20 hours ago

Investments #43/364

Deposited my weekly $220. Today I’ve decided to add more shares of TORM ( $Torm (TRMD.US)$ ). Shipping market will be positive in the next few years due to geopolitical tensions and increased ton-mile. Torm shares are at the minimum levels now.
I also added shares of STM ( $STMicroelectronics (STM.US)$ ). I decided to add shares of semiconductor producer due to high demand in semiconductors.
My Top Winner is still Tencent (+56%) since acquisition.

Buffett sells 25% of Apple, boosts cash pile: Is a bear market incoming?

Spinee

22 hours ago

China economic surprise index turns positive

$BABA-W (09988.HK)$ $TENCENT (00700.HK)$ $JD-SW (09618.HK)$ $BILIBILI-W (09626.HK)$ $MEITUAN-W (03690.HK)$

New policies emerge. What's the outlook for Chinese concept stocks?

Spinee

Yesterday 19:40

China Services Growth Rebounds on Strong Supply and Demand, Caixin PMI Shows

This is good news going into the NPC meeting.
China's services industry picked up substantially in October as per Caixin.
That's a 52.0 reading, up from 50.3 in September. It's also significantly better than the 50.5 that was expected.
It raises the Caixin PMI Composite reading to 51.9, up from 50.3 in September. Also good news.
$Global X MSCI China Consumer Discretionary ETF (CHIQ.US)$ $BABA-W (09988.HK)$ $TENCENT (00700.HK)$ $XIAOMI-W (01810.HK)$ $BILIBILI-W (09626.HK)$ $Hang Seng TECH Index (800700.HK)$

New policies emerge. What's the outlook for Chinese concept stocks?

Feirre

Yesterday 18:23

Nomura Raises TENCENT TP to $500; 3Q Non-IFRS NP May Rise 23% YoY

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...

New policies emerge. What's the outlook for Chinese concept stocks?

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