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Options Market Statistics: Walmart Stocks Jump, Options Pop as Q1 EPS and Revenue Beat
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Beishui Trends | Beishui Trading made a net purchase of 3,973 billion yuan in domestic capital to raise domestic bank stocks throughout the day and re-increase positions Tencent (00700)
On May 16, in the Hong Kong stock market, Beishui had a net purchase of HK$3,973 billion, of which Hong Kong Stock Connect (Shanghai) had a net purchase of HK$2,053 billion and Hong Kong Stock Connect (Shenzhen) had a net purchase of HK$1.92 billion.
Tencent Conference Call: Advertising and Gaming Benefit from AI Deployment, Total Game Traffic Resumes Growth
Specifically, among Tencent's three main businesses, revenue from the value-added services business fell 0.9% year-on-year in the first quarter of 2024. Tencent said that with the implementation of various government economic stimulus measures, Tencent expects this trend to gradually reverse and the fintech business to resume growth. Moreover, Tencent has achieved initial results in monetizing SaaS products that have been provided free of charge for a long time. Tencent will continue to steadily advance the monetization process of SaaS services in the future. In the advertising business, Tencent continues to innovate advertising technology and uses AI to optimize advertising targeting to enhance its competitiveness and efficiency. In the game business, Tencent expects that with the advancement of technology, the mixed-element big model can be developed into multi-modal AI in the future, which can create high-quality video content and further help game production.
Earnings Call Summary | Tencent(TCEHY.US) Q1 2024 Earnings Conference
The following is a summary of the Tencent Holdings (TCEHY) Q1 2024 Earnings Call Transcript:Financial Performance:Tencent reported Q1 2024 total revenue of RMB 160 billion, an increase of 6% year-on-y
Alibaba Stock Dips as Huge Investment Losses In Q4 Overshadow Revenue Growth and Dividend
Alibaba stock is trading lower Tuesday after the company reported its quarterly results.
Tencent Non-GAAP EPS of RMB5.26, Revenue of RMB159.5B