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Huaxing Securities: Raise tencent (00700) target price to 520 Hong Kong dollars, reiterating a "buy" rating.
During the 3Q24 period, the overall operation environment of the group remained stable, driven by "Dungeon and Warrior Mobile Game", Endless Games, and deferred revenue balance, improving the predictability of game growth.
EqualOcean ADR Statistics | October 16th.
On Tuesday, the three major U.S. stock indexes collectively fell, with the hsi adr falling. Calculated proportionally, it closed at 20081.29 points, down 237.50 points or 1.17% from the close in Hong Kong.
Press Release: Prenetics Announces Tencent's US$30 Million Investment in Insighta, Strengthening Strategic Partnership for AI-Driven Early Cancer Detection
Barclays Maintains Tencent(TCEHY.US) With Buy Rating, Raises Target Price to $65
[Brokerage Focus] Huachuang Securities maintains a 'recommend' rating on Tencent (00700), expecting a 8% year-on-year revenue growth to 167.2 billion yuan in the third quarter.
Jingu Wealth News | Huachuang Securities released research reports, forecasting that Tencent Holdings (00700) will achieve revenue of 167.2 billion yuan in 3Q24, with a YoY growth of 8% and a QoQ growth of 4%; achieving a gross profit of 89.1 billion yuan, YoY +16%, QoQ +4%, corresponding to a gross profit margin of 53%; achieving operating profit of 61 billion yuan under NON-IFRS basis, YoY +18%, QoQ +4%; achieving net income attributable to owners of the parent company of 54.6 billion yuan under NON-IFRS basis, YoY +22%, QoQ -5%. The growth rates of operating profit and net income are somewhat diverging, mainly due to the bank's expectation of its share in associated companies.
Who took away your video quality? | Focus
①The video platform's video quality adjustment strategy is generally based on a balance of user experience, creator experience, and cost control; ②However, while user growth and traffic scale increase, it is difficult for video platforms to achieve a perfect triangle in terms of technology, cost, and user experience, and they can only pursue the most cost-effective solution, cost reduction and efficiency improvement is the general trend.
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