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...
2
1
1
举报
KoolBee :
What matters more is paying attention to their earnings forecast tomorrow. Price has already run up building up expectations of earnings
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...
Taobao and$京东集团-SW(09618.HK)$, two major e-commerce platforms, have canceled their 618 pre-sales, according to earlier rumors. BABA's Taobao Tmall Group announced at a business conference that the rules for the 2024 618 Shopping Festival promotion have been adjusted. This includes the cancellation of pre-sale and a direct sale on May 20 at 8 pm, with a full-price guarantee. Additionally, Taobao's website will be reopened. Previously...
Fliggy, a subsidiary of$阿里巴巴-SW(09988.HK)$, announced today (26 Apr) that it has cooperated with Heytea and the China Tea Marketing Association to launch a Tea-themed Tour. The Tour's destination would be Anxi, Fujian, and include tea plantation visits, tea plucking and tea-making experiences, and new tea tasting. This is the first time that a new tea beverage brand and a travel platform have collaborated on a tour product. $ALIBABA GROUP HOLDING LTD(BABAF.US)$$阿里巴巴(BABA.US)$$阿里巴巴-SW(09988.HK)$$恒生科技指数(800700.HK)$$热门中概股(LIST2517.US)$
TENCENT's international games recovery seems to have been overlooked by investors, UBS said in a research report, citing industry data that said Supercell, a Finnish mobile game company that TENCENT acquired earlier this year, was expected to resume growth in 1Q24, with revenues expected to spike as much as 82%. As Supercell contributed approximately 10% of TENCENT's game revenue, it was expected to directly benefit TENCENT's growth...
At the 2024 Beijing International Automotive Exhibition, Tencent and Toyota announced a strategic partnership. Dowson Tong, Senior VP of Tencent, revealed plans to collaborate in AI, cloud computing, and big data. Toyota China's Xu Yiming mentioned Tencent's tech would enhance intelligent driving solutions for a new Chinese-made car launching this year. $腾讯控股(00700.HK)$$腾讯控股(ADR)(TCEHY.US)$$丰田汽车(TM.US)$$热门中概股(LIST2517.US)$$恒生科技指数(800700.HK)$
Morgan Stanley's latest research report indicates that Tencent's collaboration with South Korean game company Nexon for the release of Dungeon & Fighter (DNF) mobile game is scheduled for May 21 in China. This launch is considered one of Tencent's most significant title releases in recent years, and it is poised to serve as a major catalyst for the company's domestic game business in the second quarter of 2024. A...
Huatai Securities (HTSC) views Alibaba as entering a new growth cycle with adjustments to its core business and management team nearing completion. Alibaba's domestic e-commerce shows signs of healthy growth, supported by price strength and enhanced user experience, while international e-commerce and Cainiao$菜鸟物流(临时代码)(810537.HK)$contribute to overall revenue growth. HTSC expects revenue growth to accelerat...
4
2
举报
102877280 :
panting to breaking 80, what is there to talk about 117...
BofA Securities recently released a report based on discussions with Tencent management and U.S. investors, revealing Tencent's ambitious plans for share buybacks. Tencent intends to buy back shares worth $100 billion this year, demonstrating strong commitment, capability, and execution in shareholder return initiatives. With Tencent accelerating its buyback pace to $1 billion per day in January, BofA Securities estimates the ann...
Alibaba Cloud's Bailian foundation model service platform announced the launch of a one-click training, deployment and reasoning solution for$Meta Platforms(META.US)$'s new-generation open-source large language model, Llama 3 series, Chinese media reported. Computing power fees for the model development and invocation are waived for a limited time. Enterprises and developers can create their own exclusive...
KoolBee : What matters more is paying attention to their earnings forecast tomorrow. Price has already run up building up expectations of earnings