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On January 9, CHINA LIT (00772.HK) spent 4.913 million Hong Kong dollars to repurchase 0.2 million shares.
Gelonghui January 9 │ CHINA LIT (00772.HK) announced that on January 9, it spent 4.913 million Hong Kong dollars to repurchase 200,000 shares.
CICC: Maintains TENCENT's "Outperform Market" rating with a Target Price of 468 HKD.
CICC released a research report stating that it maintains TENCENT's (00700) "outperform the market" rating, with a Target Price of 468 HKD. Recently, TENCENT held an investor meeting where the management focused on introducing the operating strategy of TENCENT Pictures and CHINA LIT, and shared the latest company-level strategy. The report pointed out that TENCENT's stock price saw a significant decline on January 7, with the company repurchasing 1.5 billion HKD, a substantial increase over the previous day’s average repurchase amount of 0.7 billion HKD. The report maintains the revenue and profit forecasts for TENCENT for 2024/2025 and introduces the revenue and profit forecasts for 2026, expecting TENCENT's 2026 revenue to be 744.7 billion RMB.
CHINA LIT (00772.HK) spent 4.917 million Hong Kong dollars to repurchase 0.2 million shares on January 8.
Gelonghui, January 8th丨CHINA LIT (00772.HK) announced that on January 8th, it spent 4.917 million HKD to repurchase 0.2 million shares.
On January 7, CHINA LIT (00772.HK) spent 4.95 million Hong Kong dollars to repurchase 0.2 million shares.
On January 7, Gelonghui announced that CHINA LIT (00772.HK) spent 4.95 million Hong Kong dollars to repurchase 200,000 shares.
Goldman Sachs: Confident in the revenue and profit growth potential of TENCENT, maintains a "Buy" rating.
Goldman Sachs released a Research Report stating confidence in TENCENT's (00700) future revenue growth potential and profitability compound growth capability, maintaining a "Buy" rating based on CL. On January 4, 2025, TENCENT successfully held a video starry night event and investor conference. During the meeting, it was mentioned that TENCENT has a unique WeChat ecosystem and globally leading game and content Assets, showcasing multiple emerging profit growth points in areas such as Video Accounts, e-commerce (including mini-programs and the recently launched WeChat gifting feature), WeChat search, wealth management, and enterprise Software. The bank believes these advantages will help the company in the macroeconomic environment.
Hong Kong stock Concept tracking | Byte's short dramas are making their first overseas venture, and the short drama market is showing explosive growth (attached Concept stocks).
ByteDance's short dramas are making their first overseas venture: establishing an overseas short drama team and launching the Melolo short drama app.
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