A Look Ahead: Tencent Q3 performance results are about to be released! Game revenue is expected to accelerate, video traffic sees healthy growth, how will the stock price perform this time?
After the Hong Kong stock market closed on November 13th Beijing time, Tencent is about to release its 2024 third quarter report. The market generally expects Tencent to achieve revenue of 167.746 billion yuan in Q3, a year-on-year growth of 8.49%; the EPS is expected to be 4.76 yuan, a year-on-year growth of 26.78%. The average target price set by institutions is 477 Hong Kong dollars, with the highest target price being 559 Hong Kong dollars.
The largest market cap Chinese concept stock! How to view Tencent's performance?
The largest market cap Chinese concept stock! How to view Tencent's performance?
Huachuang Securities: The trading heat of Hong Kong stocks has declined. With improved liquidity environment, the market may enter a Risk on period.
Huachuang Securities released research reports stating that Hong Kong stocks still have valuation advantages compared to A shares; Trump's election victory and the domestic National People's Congress 10 trillion fiscal plan landing may signal the beginning of a Risk-on market phase, with liquidity environment expected to further improve in the next 3-6 months.
Tencent to Invest $500 Million in Cloud Infrastructure in Indonesia
Express News | Tencent Holdings Limited Reports 12.42% (on an as-Converted Basis) Passive Stake in Reddit as of Sept 30 - SEC Filing
With the arrival of the major factory's financial report, how are the weekly stock options of Hong Kong stocks expiring this Friday distributed?
This week will see the financial reports of the three major internet companies, Tencent will release its financial report on November 13; jd.com will release its financial report on November 14; Alibaba will release its financial report on November 15.
First Shanghai: Tencent (00700) Q3 financials expecting year-on-year growth in line with expectations. Advertising business may continue high growth.
On the profit side, Non-GAAP net income is expected to increase by 19.55% year-on-year in the third quarter, reaching around 53.7 billion yuan.
Minsheng Securities: The demand for asia vets is increasing, and AI search may first achieve large-scale commercial implementation.
Compared to traditional search engines, asia vets can more accurately grasp the user's query intent, and provide more customized search results based on this, breaking the linear threshold of traditional search engines through intelligent extraction and proactive answers.
Hong Kong stocks fluctuate | Weakness in network technology stocks drags down the Hengqiang index by more than 3%, while the strong US dollar puts short-term pressure on Hong Kong stocks. Several leading internet companies will release their financial res
Network technology stocks widened losses in the afternoon, dragging down the Hang Seng Tech Index by over 3%. As of the time of publication, Alibaba-W (09988) fell by 3.4%, closing at 90.9 Hong Kong dollars; Tencent (00700) dropped by 1.89%, closing at 405.4 Hong Kong dollars; Kingsoft (03888) fell by 5.2%, closing at 29.15 Hong Kong dollars.
Tencent (00700.HK) appointed Hideo Itsuno as the head of Photon Japan Studio under its umbrella.
Tencent (00700.HK) announced a global expansion plan for its subsidiary, establishing a new gaming development studio named LightSpeed Japan Studio dedicated to developing original AAA action games, and appointing the renowned game producer Hideaki Itsuno as the head of the studio. Itsuno, who previously worked at Capcom, was the producer of popular game series such as Devil May Cry and Dragon's Dogma. The studio is reportedly operating in two locations, Tokyo and Osaka, focusing on developing original AAA action games and is currently recruiting talents.
Survey: 93% of Hong Kong people surveyed said that if there is no preferred payment method for online shopping, they will abandon the transaction.
Every year, the Double 11 shopping festival sparks intense competition among global merchants. Merchants spend months preparing to maximize profits during this crucial sales season. A preferred payment platform survey by Adyen reveals that up to 93% of Hong Kong consumers stated that they would abandon a transaction if they cannot use their preferred payment method online. This proportion is the highest in the surveyed Asia-Pacific region, significantly higher than the Asia-Pacific region (81%) and global (78%). The survey indicates that nearly four out of ten Hong Kong consumers seek a smooth trade verification process and prefer to avoid switching to a third-party payment gateway.
Express News | The producer of the game series "Devil May Cry" and "Dragon's Dogma" joined Tencent Games.
Daily Bull and Bear | Unafraid of the weakening of Hong Kong stocks, the Hang Seng Index saw a net inflow of nearly 0.1 billion Hong Kong dollars; zte rose more than 10% against the market, with multiple call options earning twice the profit.
At the close, the market turnover was 204.34 billion Hong Kong dollars, with a total turnover of 16.04 billion Hong Kong dollars for all warrants, bull and bear certificates, accounting for 7.8% of the market turnover. Among them, the proportion of long positions is 5.4%, while the proportion of short positions is 2.5%.
Futu Morning Post | 'Trump trade' continues to rise! Cryptos rise hand in hand with Tesla; only four seats away from taking the House of Representatives, Republicans close to complete control of Congress.
The People's Bank of China reported that RMB loans increased by 16.52 trillion yuan in the first ten months; Pan Gongsheng, the head of the central bank, stated that they are guiding financial capital to invest early, invest small, invest long-term, and invest in hard technology.
Indonesia's GoTo signed an agreement with Tencent Cloud and Alibaba Cloud to develop cloud infrastructure.
Indonesian technology giant GoTo, Gojek, Tokopedia, and Tencent (00700.HK) under Tencent Cloud, as well as Alibaba-W (09988.HK) under Alibaba Cloud, signed an agreement at the 'Indonesia-China Business Forum' to promote Indonesia's cloud infrastructure and digital talent development. According to the statement, Tencent Cloud has committed to investing approximately 0.5 billion USD in Indonesia by 2030, involving infrastructure, resources, and new investments. To further strengthen Indonesia's cloud infrastructure, Tencent Cloud is establishing its third internet datacenter in Indonesia. Alibaba Cloud currently has three datacenters in Indonesia and plans to expand in Indonesia.
Express News | Indonesian technology giant GoTo: signed agreements with Tencent Cloud and Alibaba Cloud to promote the development of Indonesian cloud infrastructure and digital talent.
The net inflow of tracker fund of Hong Kong through the Stock Connect program was 3.492 billion Hong Kong dollars.
There was a net inflow from Beishui Nanxiang to tracker fund of hong kong (02800.HK), Xiaomi Group (01810.HK), and Alibaba (09988.HK), reaching 3.492 billion Hong Kong dollars, 1.185 billion Hong Kong dollars, and 1.047 billion Hong Kong dollars, respectively. There was a net outflow from Beishui Nanxiang to CNOOC (00883.HK), Tencent (00700.HK), and Sunac (01918.HK), reaching 0.43 billion Hong Kong dollars, 0.32 billion Hong Kong dollars, and 0.177 billion Hong Kong dollars, respectively. The top active stock with the highest net fund inflow in the Hong Kong Stock Connect (Shanghai) was Heng Seng China Enterprises (02828.HK) with 1.351 billion Hong Kong dollars, while
Tencent's Third-Quarter Net Profit Likely Rose 25%
Futu Express | Latest Wall Street Consensus: Trump 2.0 era, Federal Reserve may slow down the pace of interest rate cuts; blowing up the 'shorts'! Tesla surged nearly 30% in a week, with the market cap returning to one trillion US dollars.
A historic moment! Bitcoin reaches $0.08 million, BlackRock Bitcoin Fund surpasses its flagship gold fund; Trump reiterates his refusal to sell stocks, DJT stock price soars 15% upon hearing the news; Jinglin's Q3 positions revealed: selling Microsoft, Nvidia, and adding 0.59 million shares of Apple.
Hong Kong stocks news preview this week: multiple domestic macroeconomic data to be released, Alibaba and Tencent will disclose their third quarter reports.
1. Multiple domestic macroeconomic data are coming, which ones are worth paying special attention to? 2. Alibaba and Tencent will disclose their third-quarter reports, what are the market expectations?