GSTENCT@EP2405B (21345) Stock Forum and Discussion

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21345 GSTENCT@EP2405B

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Market Closed May 2 16:00 CST

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KoolBee

11 minutes ago

Tencent no longer worth “ten cents”

$TENCENT(00700.HK)$ If irony held true, this used to be my joke to friends who used to think I was foolish for continuing to buy this stock down since 2020. They joked about my “ten cents” stock.
With today’s Q1 2024 just released results, there is finally hope indeed all factors being equal. While not mind blowing results, they are good results especially earnings: com/uploads/202...
Overall trend should be towards upside while see sawing around current range...

areecep

46 minutes ago

Key Events This Week:

Monday May 13
Data: US April NY Fed 1-yr inflation expectations, Japan April M2, M3, Germany March current account balance, Canada March building permits
Central banks: Fed's Mester and Jefferson speak
Earnings: SoftBank, Tencent Music, Petrobras
Tuesday May 14
Data: US April PPI, NFIB small business optimism, UK Q1 output per hour, March weekly earnings, employment change, April jobless claims change, Japan April PPI, machine tool orders, Germany and Eurozone May Zew surv...

Kuries

3 hours ago

Goldman Sachs continued to prefer the internet sector, followed by education, games and e-commerce

Among the stocks with rating at Buy, Goldman Sachs was optimistic about $NEW ORIENTAL-S(09901.HK)$ in the education sector. Goldman Sachs also preferred $TENCENT(00700.HK)$ and $NTES-S(09999.HK)$ over other smaller players in the game sector. Among e-commerce ads stocks, Goldman Sachs liked $KUAISHOU-W(01024.HK)$ , while $BABA-SW(09988.HK)$ is preferred over $PDD Holdings(PDD.US)$ .
$ALIBABA GROUP HOLDING LTD(BABAF.US)$ $Alibaba(BABA.US)$ $Hang Seng TECH Index(800700.HK)$

Kuries: G Sachs: Investors Concern about TENCENT's Game Biz Re-acceleration, BABA E-Commerce, Cloud Biz Growth, Shareholder Return Guidance

Spinee

4 hours ago

Top Picks by HSBC: Meituan, Tencent, NetEase, and Pinduoduo Lead Chinese New Economy Stocks

HSBC Global Research presents its top recommendations for Chinese new economy stocks, highlighting the most promising opportunities for investors. Despite ongoing challenges, these stocks stand out for their strong performance, defensive strategies, and growth potential.
Top Picks:
1. $MEITUAN-W(03690.HK)$ : Continues to lead the food delivery sector and poised for growth in in-store businesses.
2. $TENCENT(00700.HK)$ : Support...

Kuries

7 hours ago

G Sachs: Investors Concern about TENCENT's Game Biz Re-acceleration, BABA E-Commerce, Cloud Biz Growth, Shareholder Return Guidance

The share prices in Chinese Internet sector surged by a total of 15% YTD, Goldman Sachs released a research report saying. With $TENCENT(00700.HK)$ and $BABA-SW(09988.HK)$ set to release results tonight, Goldman Sachs focused on a number of key figures from the results of the two companies mentioned above.
Goldman Sachs believed that the market's focus ...

Feirre

7 hours ago

Morgan Stanley: Active Long-only Funds Sell Less Chinese Stocks in April; TENCENT, MEITUAN, BYD Positions Increased

Morgan Stanley's China Quantitative Strategy report revealed that despite the 6.6% rise in the MSCI China Index in April, active long-only funds were net sellers, shedding an additional US$2.3 billion worth of shares. However, the pace of cuts in Chinese stocks slowed, indicating a shift in fund manager behavior.
Foreign long-only funds were not the sole contributors to the recent...

Spinee

7 hours ago

HSI Opens Up 88 pts; BABA & TENCENT Stabilise Pre-results

Hong Kong stocks continued to open higher in the morning. $Hang Seng Index(800000.HK)$ opened 88 points or 0.5% higher at 19,203. $Hang Seng China Enterprises Index(800100.HK)$ opened 41 points or 0.6% higher at 6,803 points. $Hang Seng TECH Index(800700.HK)$ opened 54 points or 1.4% higher at 4,072.
As for tech stocks, $BABA-SW(09988.HK)$ and $TENCENT(00700.HK)$ will announce their quarterly results, BABA opened 1% higher at $82, while TENCENT opened...

BoredApe333

20 hours ago

Investments #29/364

Deposited my regular $210. Decided to add more shares of $Bank of America(BAC.US)$ . Looks like price is breaking resistance at $38, and will go up to $44-45. My estimated intrinsic value is in a range of $60-64, around 60% of potential growth. We will see how it will go…
#consistent investing #doesn’t matter which shares to invest in

Share Your Profit/Loss

Lefteris

Yesterday 18:43

Chinese tech rebounding faster than a rubber ball in a bouncy castle!

$KraneShares CSI China Internet ETF(KWEB.US)$
Tencent and Alibaba are like the stars of a high-stakes comeback movie, shaking off regulatory heat like it's a mere mosquito bite. And hey, Hong Kong's equity rally? It's hanging in the balance, folks!
But wait, there's more! Chinese tech giants aren't just back in the game, they're playing it like never before. With the government's blessing and regulators cheering them on, they'...

Trader’s Edge

Yesterday 15:34

Alibaba, Tencent and more — 5 stocks to watch this week

5 Top Picks This Week
What Happened Last Week (6 - 10 May)
US Markets closed last week higher for the 3rd consecutive week thanks to the current relief rally. The S&P500 index is just shy of 1.5% away from the previous high set at the end of March 2024. While the NASDAQ index is about 2.5% away from all time highs. Last week was a pretty quiet week due to the lack of any key economic news or unexpected market events. US 10-year Note auction ...

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