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A 55-year Journey: From the Internet's Birth to Google, AMZN & META Alone Worth $5T
Nomura Maintains TENCENT HOLDINGS LIMITED(TCTZF.US) With Buy Rating, Raises Target Price to $64.34
Tencent responds to 'Tencent employees will move to Baoan Coast Digital Center': It's not true.
Sina Technology News, afternoon of October 24th, recently media reported that Tencent has started relocating. The 0.02 million employees of Tencent in Shenzhen will gradually undergo a major relocation, expected to be completed by the middle of next year. Tencent employees will move from the bustling Nanshan Technology Park to the brand new Baoan Coastal Digital Center. In response to this, Tencent's Public Relations Director, Katat Qin, replied on Weibo today: Friends, it's not true, there is no such thing as the "Baoan Coastal Digital Center" on Earth, there are no large-scale relocation plans at the moment, and Penguin Island is still under construction. (Luo Ning)
September Videogame Sales Down 6% in the U.S., Led by Sharp Drop in Console Spends
Loop Capital Initiates TENCENT HOLDINGS LIMITED(TCTZF.US) With Buy Rating, Announces Target Price $75.26
UBS Group includes Kuaishou-W as the featured stock of the month with a target price of 76.70 Hong Kong dollars.
Recently, UBS Group has included Kuaishou-W (01024) in its latest research report into the monthly recommended stocks list, giving it a target price of HK$76.70 for the next 12 months, with a potential upside of up to 51%. This rating reflects UBS Group's positive expectations for Kuaishou's future performance, as well as recognition of the company's current market position and development potential. UBS's research report points out that in September, although it will take some time to restore consumer confidence, with a series of macroeconomic policies being implemented, the industry has shown clear signs of recovery. Under the impetus of a series of government stimuli and subsidy measures, it is believed that macro consumer
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