Changjietong (01588.HK) revenue of 213 million yuan in the first quarter increased 9% year-on-year

Gelonghui, April 26, 丨 Changjietong (01588.HK) announced that for the three months ended March 31, 2024, the Group achieved operating revenue of RMB 212.99 million, an increase of 9% over the same period of the previous year. Among them, cloud subscription revenue was RMB 147.85 million, an increase of 32% over the same period of the previous year, and cloud subscription revenue accounted for 69% of total revenue; the cloud subscription contract debt at the end of the reporting period was RMB 589.84 million, an increase of 10% over the end of the previous year. During the reporting period, the Group achieved gross profit of RMB 153.47 million, an increase of 16% over the same period last year. During the reporting period, collection

Gelonghui FinanceApr 26 04:50 ET

The “beef flavor” of Hong Kong stocks is getting stronger! The Hang Seng Index surged this week to welcome its strongest weekly performance in 12 years

The Zhitong Finance App learned that Hong Kong stocks can be described as having experienced a week that shocked the world. The Hang Seng Index is expected to have the best trend performance since 2011. The Hang Seng Index, the benchmark index for the Hong Kong stock market, can be described as having risen sharply since this week. It is expected to achieve a weekly increase of close to 10% at the close of Friday, accompanied by a sharp increase in trading volume and strong momentum. It was mainly stimulated by optimism brought about by strong profits from US tech giants such as Microsoft and Google, as well as a series of favorable news in the Chinese market, including the approval of Tencent games, the extension of Chinese developers' bonds, and the relaxation of Shanghai by the China Securities Regulatory Commission

Zhitong FinanceApr 26 03:47 ET

Alipay+ Enables Digital Payment of 14 Overseas E-wallets From 9 Countries and Regions in Hong Kong to Support City's Global Travel Drive

Users of 14 popular overseas e-wallets from 9 countries and regions can now make payments in Hong Kong using their home apps through Alipay+, a suite of cross-border mobile payment and digitalization technology solutions operated by Ant International.

BusinesswireApr 26 03:44 ET

Trending Stocks Today: SENSETIME-W Shoots up 34.93%

April 26th - Hong Kong stocks trending now:Gainers: $SENSETIME-W(00020.HK)$ shoots up 34.93% to HK$1.12 with a turnover of HK$2.93 billion. $GUOLIAN SEC(01456.HK)$ surges 27.11% to HK$3.75 with a turn

moomoo NewsApr 26 02:45 ET

UBS: Raising Tencent Holdings (00700) Target Price to HK$438 Overlooked Overseas Gaming Recovery

The Zhitong Finance App learned that UBS released a research report saying that the target price of Tencent Holdings (00700) rose to HK$438, raising the earnings forecast per share from 2024 to 2026 by 3% to 4%. According to the report, the recovery in the overseas game business seems to have been overlooked by investors. Citing industry data, the Finnish mobile game company Supercell, which was acquired by Tencent in the early years, is expected to resume growth in the first quarter of this year, and revenue growth is expected to reach 82%. Since Supercell contributes about 10% of Tencent's game revenue, it is expected to directly benefit Tencent's growth. At the same time, its blockbuster “PlayerUnknown's Battlegrounds” has earned overseas revenue since the second half of last year

Zhitong FinanceApr 26 02:27 ET

Zhitong ADR Statistics | April 26

The three major US stock indices fell across the board on Thursday, and the Hong Kong ADR index rose. On a proportional basis, it closed at 16,287 points, up 35.77 points, or 0.22% from the Hong Kong closing market.

Zhitong FinanceApr 25 18:36 ET