Press Release: Prenetics Announces Tencent's US$30 Million Investment in Insighta, Strengthening Strategic Partnership for AI-Driven Early Cancer Detection

Dow Jones35minutes ago

Barclays Maintains Tencent(TCEHY.US) With Buy Rating, Raises Target Price to $65

Moomoo News06:36 ET · Ratings

[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.

Jingu Financial News03:52 ET

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.

cls.cn22:39 ET

[Brokerage Focus] Bocom Intl raises Tencent (00700) target price by 5.6%, expecting it to maintain a profit growth rate faster than revenue growth trend.

Golden Finance News | Bocom Intl releases Tencent (00700) third-quarter performance outlook, expecting a 11% year-on-year increase in game revenue, basically in line with previous expectations. Among them, local/overseas mobile game revenue in the third quarter may increase by 15%/18% year-on-year, driven by "MDnF"/"Wild Rift"; PC game revenue decline may narrow to 1%, considering the rise in popularity of "Fearless Agreement" may partly offset the impact of the high base number of "DnF". The bank slightly lowered Tencent's third-quarter advertising revenue growth to 16% year-on-year, mainly due to: 1) adjustments in advertising budgets by advertisers; 2) Tencent Video content popularity lower than previous expectations. In addition, forecast

Golden Guardian Financial News21:05 ET

Zhitong ADR Statistics | October 15th

On Monday, the three major U.S. stock indexes collectively rose, while the HSI ADR fell. Calculated proportionally, it closed at 21030.58 points, a decrease of 62.29 points or 0.30% from the close in Hong Kong.

Zhitong Finance18:33 ET