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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.
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.
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.
WEIBO CORP(9898.HK):DEDICATED STRATEGIES TO ENHANCE CORE SOCIAL EDGES
The Central Economic Work Conference was held in Peking, and **** delivered an important speech.
The Central Economic Work Conference was held in Peking, where **** delivered an important speech, Li Qiang gave a summary speech, and ****, ****, Cai Qi, ****, and Li Xi attended the meeting.
Express News | The Central Economic Work Conference states that a moderately loose MMF policy should be implemented, with timely reductions in reserve requirements and interest rates, to maintain ample liquidity.