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Huayi Tencent in Tie-Up Talks With Goldstream Investment
Huayi Tencent Entertainment (HKG:0419) has entered into a cooperation framework agreement with Goldstream Investment (HKG:1328), according to a Friday filing with the Hong Kong bourse. The parties int
Illustration丨Southbound capital increases positions with Bank of China, Tencent, and China Mobile
Nanxia Capital made net purchases of HK$7.432 billion in Hong Kong stocks today, including net purchases of Bank of China at $1,148 million, Tencent at $486 million, China Mobile at $390 million, Agricultural Bank of China at $316 million, CNOOC at $310 million, Xiaomi at $308 million, Meituan at $146 million, Yingfu Fund at $110 million, and Zhaojin Mining at $101 million; net sales of Ideal Auto of $313 million and Kuaishou of $108 million. According to statistics, Southbound Capital has increased its holdings on China Mobile for 12 consecutive days, totaling HK$4,579.65 billion; added Xiaomi for 6 consecutive days, totaling HK$1,432 billion; and increased its inventory for 5 consecutive days
Bank of China International: Maintaining Tencent Holdings' “Buy” Rating Target Price of HK$407
Bank of China International released a research report stating that it maintains the “buy” rating of Tencent Holdings (00700) and will announce the results for the first quarter of the 2024 fiscal year on May 14. Its revenue is expected to increase moderately by 5% year over year to RMB 157 billion; gross margin and adjusted net profit margin reached market expectations of 49.7% and 27.3%, respectively, with a target price of HK$407. The bank believes that Tencent Group's focus on high-quality growth strategies provides an obvious determinant for future financial conditions. It is expected that revenue growth from the second fiscal quarter to the fourth fiscal quarter will accelerate year-on-year, plus a strong capital return plan.
Bank of China International: Maintaining Tencent Holdings (00700) “Buy” Rating Target Price of HK$407
BOC International expects Tencent Holdings (00700) revenue to increase moderately by 5% year over year to RMB 157 billion.
Zhitong ADR Statistics | April 19
The Hong Kong stock ADR index rose. On a proportional basis, it closed at 16,253 points, up 2.04 points or 0.01% from the Hong Kong closing.
Tencent Publie L'édition 2023 De Son Rapport « Weixin Brand Protection Platform »
Le rapport de la plateforme de protection de marque de Weixin (Brand Protection Platform, BPP) met en évidence les améliorations et les actions récentes de Tencent pour renforcer son programme de
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BigBadBear : None of the above bro. Sorry