TENCENT will release its 1Q24 results next Tuesday (14th). Based on forecasts from 16 brokers, TENCENT's 1Q24 non-IFRS net profit is expected to range between RMB39.3 billion to RMB44.6 billion, marking a significant YoY increase of 20.8-37.1%. The median estimate stands at RMB43.23 billion, reflecting a robust 33% YoY growth from the previous year's RMB32.538 billion. Investor attention will likely be focused on TENCENT's lates...
CLSA's research report anticipates a 5.9% YoY revenue growth for TENCENT in 1Q24, reaching RMB158.9 billion. The expected decline in domestic game revenue is cited as a contributing factor. However, the report suggests that adjusted EBIT will see a robust 15.6% YoY increase to RMB53.2 billion. Despite the anticipated slowdown in revenue growth, CLSA remains optimistic about TENCENT's long-term prospects, forecasting a 15-20% 3-year EPS CAGR gro...
Tencent$腾讯控股(00700.HK)$to Release Q1 2024 Earnings on May 14. With its stock price already up 26% since the beginning of the year, what kind of report card will Tencent present on May 14 when its quarterly earnings are released? Will the stock price continue to rise after the earnings report, or will it face a correction? Key Focus Areas for Tencent's Earnings Report Tencent's main business segments are divided into ...
If you're interested in my content, please follow me!! China Mulls Dividend Tax Waiver on Hong Kong Stocks Connect (1)Exempting tax could avoid double taxation, boost tradingHong Kong market is striving to reverse sluggish trading, IPOsBy Bloomberg News(Bloomberg)-- China is considering a proposal to exempt individual investors from paying dividend taxes on Hong Kong stocks bought viaStockConnect, according to people with knowledge of the matter.Regulators inc...
The only possibility for most retail investors to hold for a long time is to loss money If his stock rises by 20%, he will not be able to hold on due to the huge fear of the retracement of floating profits, and he will probably sell it to make some money. How did the big money come from? It was gained through the three-step and two-turn rise. After position control, it is best to adjust all positions to the extent that there is no need to watch the market. Buffett doesn't know how to keep an eye...
Based on forecasts from 16 brokers, TENCENT's 1Q24 non-IFRS net profit is expected to range between RMB39.3 billion to RMB44.6 billion, marking a significant YoY increase of 20.8-37.1%. The median estimate stands at RMB43.23 billion, reflecting a robust 33% YoY growth from the previous year's RMB32.538 billion.
Investor attention will likely be focused on TENCENT's lates...
Despite the anticipated slowdown in revenue growth, CLSA remains optimistic about TENCENT's long-term prospects, forecasting a 15-20% 3-year EPS CAGR gro...
Key Focus Areas for Tencent's Earnings Report
Tencent's main business segments are divided into ...
China Mulls Dividend Tax Waiver on Hong Kong Stocks Connect
(1)Exempting tax could avoid double taxation, boost tradingHong Kong market is striving to reverse sluggish trading, IPOsBy Bloomberg News(Bloomberg)--
China is considering a proposal to exempt individual investors from paying dividend taxes on Hong Kong stocks bought viaStockConnect, according to people with knowledge of the matter.Regulators inc...
If his stock rises by 20%, he will not be able to hold on due to the huge fear of the retracement of floating profits, and he will probably sell it to make some money.
How did the big money come from? It was gained through the three-step and two-turn rise.
After position control, it is best to adjust all positions to the extent that there is no need to watch the market.
Buffett doesn't know how to keep an eye...
There was HKD808.6 million, HKD427.1 million and HKD219.6 million Southbound Trading net outflow from $腾讯控股(00700.HK)$ , $美团-W(03690.HK)$ and $中国海洋石油(00883.HK)$ .
For $港股通(沪)(GangGuTong.HK)$ , $理想汽车-W(02015.HK)$ was the most active stock with highest net inflow of HKD296.8 million, while $汇丰控股(00005.HK)$ was ...
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