Tencent Music (01698.HK) and Weibo (09898.HK) have reached a comprehensive strategic cooperation.

Tencent Music (01698.HK)(TME.US) and Weibo (09898.HK)(WB.US) have announced a strategic partnership. The two parties will integrate SSE Select Resources Industries Index to collaborate in areas such as comprehensive publicity for artists' works, support for talented musicians, creative publicity for performances, and collaboration on chart data.

AASTOCKSDec 20 16:12

Bank of China International: Maintains Weibo-SW (09898) 'Hold' rating with the Target Price raised to HKD 79.

CICC expects that the performance of Weibo's core advertisers will show differentiation in the coming quarters.

Zhitong FinanceDec 20 15:48 · Ratings

Major banks rating丨Bank of China International: Raised Weibo Listed in Hong Kong Target Price to HKD 79, strengthening core social advantages.

On December 20, 2023, Credit Suisse released a Research Report indicating that due to the uncertainties in the macro environment and the cautious advertising spending strategy of advertisers, Weibo will continue to implement its strategy of attracting high-quality users, enhancing its advantages as a social platform in hot fields and content marketing, as well as improving operational efficiency. Credit Suisse expects that the performance of core advertisers in the coming quarters will show differentiation due to policies, new product release cycles, national or Global events, and the varying pacing of different companies' advertising spends. Weibo's performance in the upcoming quarters will be closely related to the fast-moving consumer goods, 3C, and electronics sectors, which are affected by policies, new product release cycles, national or Global events, and operations.

Gelonghui FinanceDec 20 15:37 · Ratings

In "The Big Move", Bank of China International raised the Target Price of Weibo (09898.HK) to 79 yuan, strengthening its core social advantages.

Bank of China International published a Research Report indicating that due to the uncertainty of the macro environment and cautious advertising strategies from advertisers, Weibo (09898.HK) will continue to implement its high-quality user strategy, strengthen its advantages in social media platforms for热点 areas and content marketing, and enhance operational efficiency. Bank of China International expects that the performance of core advertisers in the coming quarters will vary due to policies, the release cycles of new products, national or Global events, and the different paces of advertising investment from various companies. Weibo's future quarters will be closely related to fast-moving consumer goods, 3C, electronics, and other sectors that are impacted by policies, new product release cycles, national or Global events, and operations.

AASTOCKSDec 20 14:58

WEIBO CORP(9898.HK):DEDICATED STRATEGIES TO ENHANCE CORE SOCIAL EDGES

Dec 19 00:00

Shares of US-listed Chinese Stocks Are Trading Lower Due to Stimulus Concerns and Disappointing Economic Data. The Biden Administration Plans to Raise Tariffs on Solar Wafers, Polysilicon and Some Tungsten Products.

BenzingaDec 14 01:55