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Deutsche Bank: Tencent is a "safe haven with a catalyst".
Morgan Stanley predicts that Tencent's gaming business is expected to achieve high growth in Q2 of this year and become a leading indicator for the company's future profits exceeding expectations. Morgan Stanley set a target price of HKD 450 for Tencent's Hong Kong stocks, which is 25.6% higher than the Friday closing price.
HSBC 2024 Outlook: Sees NII Of Around $43B And RoTE In The Mid-Teens; Expects To Maintain the CET1 Capital Ratio Within 14% To 14.5%
HSBC Holdings 1H24 Adj. EPADS $3.40 Down From $3.50 YoY, Revenue $37.292B Up From $36.876B YoY
HSBC Holdings Non-GAAP EPS of $0.68, Revenue of $37.3B; Updates FY24 and Intiates FY25 Outlook
Alibaba Cloud Increases Domain Auction Prices As AI Competition Heats Up: Report
Alibaba has fired the first shot against the trend of working long hours and intense competition within the company.
Proactively adjust.