Citi Reaffirms Their Buy Rating on Tencent Holdings Limited (TCTZF)

TipRanksApr 23 05:59 ET

Tencent Rises After Announcing Much-awaited Game to Debut Early- Report

Seeking AlphaApr 22 05:40 ET

TV broadcast: Positive net profit is expected in the second half of this year

TV broadcast (00511) issued an announcement, and the company reiterated its expectations that the Group would achieve significant positive EBITDA for the full year of 2024. Furthermore, based on the current business momentum, without considering special one-time projects (if any), the company also expects to achieve positive net profit (profit attributable to the company's shareholders) for the six-month period ending December 31, 2024. In the first quarter of 2024, the company completed the filming of four co-productions: Forensic Pioneer VI, Anti-Black Heroes, Black Moonlight, and The Cliff of Female Heroes. For the rest of 2024, the company plans to begin filming ten more episodes

新浪港股Apr 21 20:06 ET

Grand Theft Auto Publisher Take-Two Interactive to Lay off 5% of Workforce

Seeking AlphaApr 16 17:43 ET

Cathay Pacific Junan: Mainly high dividends and begins to lay out the rebound of the Hong Kong stock internet

Guotai Junan released a research report saying that in a situation where overseas risk events have not been fully resolved and may disrupt the Hong Kong stock market, the high-dividend style with low risk characteristics still has allocation value. It is recommended to focus on high-dividend industries such as telecommunications operators, energy, and utilities. On the domestic side, the new “National Nine Rules” of China's capital market will help investors focus on assets with lower valuations, more stable growth, and higher dividends. However, the Hong Kong stock Internet policy adjustments and valuation adjustments have been sufficient in the past few years. Stock prices are entering the batting zone, and opportunities for Chinese Internet companies can be examined from a longer-term perspective. In terms of industry selection, high dividends are the main focus

新浪港股Apr 16 00:01 ET

BOC International: Maintaining Tencent's “Buy” Rating and Raising Target Price to HK$395

BOC International released a research report saying that maintaining Tencent's (00700) “buy” rating, it is expected that high marketing expenses will not continue in the fourth quarter of last year. The company will continue to maintain the trend of gross profit growing faster than revenue and operating profit growing faster than gross profit, increasing operating profit by 8%/6% in 2024/25. The target price was raised from HK$390 to HK$395. The bank expects that in the second quarter, with the steady operation of old games and confirmed revenue in the first quarter, plus the launch of new games (Dungeons and Warriors), the growth rate of Tencent's game revenue will be positive, and the performance for the whole year will be low and high. BOC International's main views are as follows: Recent updates on local mobile game sales

新浪港股Apr 15 23:44 ET