Capital Flow | Beishui aggressively sold tracker fund of hong kong for over 5.7 billion Hong Kong dollars, continuously increasing positions in Tencent by over 4 billion Hong Kong dollars for 4 consecutive days.
Track the latest trends of southbound funds.
Express News | Tencent Bought Back 1.8 Mln Shares for HK$703.9 Mln on Nov 15 - HKEX Filing
Tencent's WeChat Likely Still Has Plenty of Room for Monetization -- Market Talk
New stock news | It is rumored that China United Data plans to list in Hong Kong, with an estimated valuation of over 0.5 billion US dollars.
According to media reports, Zdata Technologies Co. plans to go public in Hong Kong. The company valuation may exceed 0.5 billion USD (approximately 3.9 billion HKD).
[Brokerage Focus] Shanghai Pudong Development Bank International raised Tencent's (00700) target price to 500 Hong Kong dollars, citing strong growth in local games.
Gold Wuh Finance | According to a research report from浦银国际, Tencent (00700) reported a revenue of 167.2 billion RMB in Q3 2024, representing an 8.0% year-on-year increase, which is basically in line with market expectations; the gross margin improved by 3.6 percentage points year-on-year to 53.1%, but declined slightly by 0.2 percentage points quarter-on-quarter, indicating that short-term improvement space may be relatively limited; the adjusted net income was 59.8 billion RMB, a 33% year-on-year increase, 10% higher than market expectations, mainly due to profits from joint ventures; the adjusted net margin was 35.8%, with year-on-year and quarter-on-quarter improvements of 6.7 percentage points and 0.2 percentage points respectively. The bank stated that the domestic game revenue in Q3 2024 increased by 14% year-on-year.
Hong Kong stock concept tracking | Tencent launches AI search ima bullish institutions optimistic about the technology industry revolving around AI (with concept stocks)
Tencent announced the launch of the AI asia vets workstation IMA, which supports the retrieval of WeChat official account articles.
Edgar Z : OMG