BK1351 Virtual Reality
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China Stocks' Rally Sustainability to Hinge on Policy Delivery: Goldman
Kinger Lau, chief China equity strategy at Goldman Sachs, discusses the outlook for the nation's stocks and the opportunities he sees. He speaks on "Bloomberg: The China Show."
NetEase is waiting for new hits
Boosting market confidence.
How much is the gross margin of a car? How to achieve a significant increase in overseas revenue? What progress has been made in AI? Learn about the Xiaomi conference call in one article
Xiaomi said that the gross margin of electric vehicles is about 5% to 10%, and it is expected that the revenue and gross profit of the automobile business will be announced separately in the second quarter.
Tencent, IFlytek Cut Prices of AI Services, Following Alibaba, Baidu's Move - Report
Tencent's market capitalization is rushing to 4 trillion dollars. How long can the momentum last, and can “the king return”?
A tough battle.
Tencent or the dark side of Investment Month continues to compete with Ali for the “No. 1 AI Investor”
On the 21st, according to all-weather technology news, the big model startup Moon's Dark Side is currently undergoing a new round of financing. Investors include Tencent and Gao Rong Venture Capital. If discussed, LLM startups with domestic valuations exceeding 1 billion dollars will basically have Ali and Tencent.
Tencent's big model launches a new brand
Value orientation.
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
Tencent Non-GAAP EPS of RMB5.26, Revenue of RMB159.5B
Tencent's net profit for the first quarter surpassed expectations, up 62% year on year, and will increase repurchase efforts in the future | Financial News
Video accounts, etc. are driving the growth of the advertising business and offsetting the decline in the game business. Tencent said that the cumulative repurchase of HK$14.8 billion in the first quarter reached a record high, and this year it will step up efforts to implement the 2024 repurchase plan of over 100 billion yuan.
Express News | Tencent reported first quarter revenue of 159.5 billion yuan, compared with market expectations of 158.81 billion yuan.
After the big rebound, the earnings reports of Ali and Tencent are here!
Buyback programs will be the focus of attention. Goldman Sachs said that Tencent's earnings report should also focus on game revenue and video channel advertising business. Ali's financial report should focus on Taotian GMV and profitability, and the growth of both cloud businesses is also worth looking forward to.
Cloud Music Expands K-pop Portfolio With Kakao Entertainment
Cloud Music (NASDAQ:NTES) Monday said that it has entered into a licensing agreement for digital music distribution with Kakao Entertainment, an entertainment company in South Korea, granting NetEase Cloud Music the right to distribute Kakao Entertainment's music catalog in China.
Hong Kong Stock Focus: After the big rebound, is Hang Seng Technology expensive? How about the upcoming quarterly report?
Morgan Stanley pointed out that the current forward price-earnings ratio of the Hengke Index is 13 times, which is the same as the average for the fourth quarter of 2023, and lower than the peak of 20 times in the first three quarters of 2023 and the first quarter of 2023.
DATE OF BOARD MEETING
Tram delivery “Super Smash” in April: NIO is booming, Xiaopeng is left behind, and the Xiaomi SU7 delivered over 7,000 vehicles in the first month
On the first day of the May 1st holiday, domestic electric vehicle companies' delivery reports were released one after another!
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