TENCENT (00700.HK) will hold a Board of Directors meeting on March 19 to approve the annual performance.
On December 27, Glorious Finance reported that TENCENT (00700.HK) announced that the Board of Directors will hold a meeting on March 19, 2025, during which the Board will pass proposals, including the approval of the annual performance and announcement of the company and its subsidiaries for the year ending December 31, 2024, as well as the consideration of the distribution of a final dividend (if any).
DATE OF BOARD MEETING
China Galaxy Securities 2025 Media Internet strategy report: Three major logics, both offensive and defensive.
Bullish on the stability of subsequent performance foundations or on clearly restored supply sides, high cost-performance investment tracks, and flexible varieties with incremental dimensions or improved external factors.
TENCENT (00700.HK) spent 0.702 billion HKD to repurchase 1.68 million shares on December 27.
On December 27, Gelonghui reported that TENCENT (00700.HK) announced that on December 27, 2024, it spent 0.702 billion Hong Kong dollars to buy back 1.68 million shares, at a buyback price of 415.6-420.6 Hong Kong dollars per share.
Express News | Tencent Bought Back 1.7 Mln Shares for HK$701.7 Mln on Dec 27 - HKEX Filing
Huajin Securities: The number of games released on Steam reached a new high this year, with premium games and IP driving the market.
The number of games released by major platforms reached a record high for the year, "Black Myth" continues to win awards, and high-quality content and IP are expected to continue to lay a solid foundation for top-quality games, empowering the development of the gaming industry.
Announcement highlights | CHINA POWER's electricity sales volume increased by nearly 30% year-on-year in the first 11 months; WUXI APPTEC plans to sell its WuXi ATU Business in the USA and United Kingdom.
WUXI APPTEC plans to sell its WuXi ATU Business in the USA and United Kingdom; GF SEC's proprietary business can participate in carbon emission trading at legal trading venues within the territory.
Apple Poised to Become First $4 Trillion Company Amid Investor Optimism on Product Surge
MCMC Commends Telegram, Tencent For Commitment To Comply With Licensing Requirements
Telegram, Tencent Begin Licensing Process To Operate In Malaysia - MCMC
Telegram And WeChat Begin Licensing Process In Malaysia
Research and development investments are close to the combined sum of BAT! Does ByteDance want to become China's OpenAI?
Zheshang stated that ByteDance has made huge investments in AI, with capital expenditures reaching 80 billion yuan in 2024, approaching the total of Baidu, Alibaba, and Tencent (about 100 billion yuan). Research and development investments significantly lead their peers; analogously, just as Microsoft is strongly investing in OpenAI, ByteDance in China may be comparable to OpenAI in the USA.
Even the richest private Banks are having a hard time.
First revenue decline.
Huajin Securities: The issuance of game approvals in December reached a record high, driven by quality content and strong IP.
HuaJin Securities released a Research Report stating that on the afternoon of December 24, the National Press and Publication Administration released the "Approval Information for Domestic Online Games in December 2024" and "Approval Information for Imported Online Games in December 2024", with a total of 135 games receiving licenses, the highest for this year.
China Approves 135 Games in December, Including NetEase's ANANTA and Tencent's Monster Hunter: Outlanders
Bank stocks have surged for several consecutive days, and the Hang Seng Index has recovered to 20,000 points. Bullish Signals from the fiscal side are favorable for the continuation of the rebound | Hong Kong stock barometer.
① The Hang Seng Index stands above the 20,000-point mark; why is it so strong in the short term? ② The fiscal side releases Bullish Signals; can it help sustain the rebound?
In December, both domestic and imported game licenses were released! A total of 1416 licenses have been issued this year, the highest in the past five years.
① A total of 122 domestic games and 13 imported new games were approved today, marking the third consecutive month of simultaneous issuance of domestic and imported game licenses. Major games from Tencent and NetEase received approvals, along with several other publicly listed game companies also achieving gains. ② As of the time of writing, 1,416 new games have obtained licenses this year, the highest total in nearly five years.
The Nine Layers Purple Plum, scheduled to be served at the end of the year.
Tencent Video's year-end explosive scene.
Express News | Tencent Bought Back 1.2 Mln Shares for HK$503.4 Mln on Dec 24- HKEX Filing
Major institutions rating丨HAITONG INT'L: WeChat Mini Stores have become an important closed loop in the WeChat e-commerce ecosystem. It is recommended to pay attention to Hangzhou Raycloud Technology Co.,Ltd, Weimeng, and Youzan.
HAITONG INT'L recently released a report stating that the "gift-giving" feature launched by WeChat, which is owned by Tencent, simplifies the gift-giving process and creates new growth channels for businesses. The institution believes that for users, the gift-giving feature is strongly social in nature and significantly enhances the convenience of giving gifts; for businesses, this feature broadens sales channels, increases visibility and success rates, and has a low entry barrier for merchants. HAITONG INT'L pointed out that e-commerce Saas (Software as a Service) and AI technology have rich application scenarios and growth potential. E-commerce Saas can serve the entire range of e-commerce scenarios and full chain businesses, including Commodity and store management, customer service.