Thomas Chong, head of China Internet research at$Jefferies Financial (JEF.US)$, expects$TENCENT (00700.HK)$'s revenue in the Q3 to drop 3% yoy to 137.8 billion yuan. Mobile game revenue is expected to decrease by 7%, online advertising revenue is expected to decrease by 11%, and financial technology revenue is expected to increase by 5%. Net profit may decline by 4% to 30.4 billion yuan. This prediction is more pessimistic than the 3% decline in the company's net profit in the Q3 made by$CITIC SEC (06030.HK)$and ...
Tianfeng Securities estimates that the revenue of FY2023-25 is RMB 9938/11638/1373.2 billion, the adjusted net profit attributable to shareholders (Non-GAAP) is RMB 139.1/164.1/1950 billion, and the target price is HK $169. As the leading Internet economy in China, it still maintains strong competitiveness despite multiple challenges such as regulatory norms and intensified industrial competition. With the policy regula...
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In the morning, Education ETF $Bosera CSI Global China Education Theme ETF(QDII) (513360.SH)$rose by more than 2%. The turnover exceeded 39 million, the turnover rate exceeded 6%, and the trading was active.
Education stocks rose collectively, New Oriental online $EAST BUY (01797.HK)$ rose nearly 5%, Youdao $Youdao (DAO.US)$ led the rise by more than 8%, TAL $TAL Education (TAL.US)$ and Gaotu Techedu Inc. $Gaotu Techedu (GOTU.US)$ rose by more tha...
Since last week, the Oriental Selection live studio has moved from indoor to outdoor, and started live broadcasting in Heilongjiang fields. During the live broadcasting period, it continued to rank at the top of the list of goods and popularity, with strong sales feedback.
T...
As the leading Internet economy in China, it still maintains strong competitiveness despite multiple challenges such as regulatory norms and intensified industrial competition. With the policy regula...
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