Major Bank Ratings | UBS: Raising Tencent's Target Price to HK$438 and Raising 2024-26 Earnings Per Share
Glonghui, April 28 | UBS published a research report saying that the recovery of Tencent's overseas game business appears to have been overlooked by investors. Citing industry data, the Finnish mobile game company Supercell, which was acquired by Tencent in the early years, is expected to resume growth in the first quarter of this year, and revenue growth is expected to reach 82%. Since Supercell contributes about 10% of Tencent's game revenue, it is expected to directly benefit Tencent's growth. Meanwhile, overseas revenue for its blockbuster “PlayerUnknown's Battlegrounds” has been rising since the second half of last year, and is expected to grow 34% year-on-year in the first quarter. UBS expects the game business to perform well in the international market, which will support the company to record significant improvements. The line also indicates that, apart from
Tencent and Ali lead the MSCI Emerging Markets Index to boom! The best weekly performance since July
The benchmark index that tracks many emerging market stock markets recorded its best weekly performance since July 2023.
Express News | UBS: Raise Tencent's target price to HK$438 and increase earnings estimates per share from 2024 to 26
Express News | Tencent's PR Director Responds to WeChat's Withdrawal with Reminder: Guarantee the Accuracy of Delivery
Beishui once again increased its holdings of the Bank of China by nearly HK$900 million and surpassed Meituan by nearly HK$800 million; Nanshuibong made a record purchase of 22.4 billion yuan
On April 26 (Friday), Southbound made net purchases of HK$1,174 million in Hong Kong stocks today. Kuaishou-W and HKEx received net purchases of HK$500 million and HK$117 million respectively.
Express News | Southbound Capital made a net purchase of HK$1,174 billion today
Express News | The high-grade vision system jointly developed by China Southern Airlines and Tencent is officially put into commercial use
A quick look at the Hong Kong market | Hong Kong stocks explode! The Ke Index rose nearly 5%; domestic housing stocks and auto stocks improved, Sunac China rose more than 15%, and Xiaopeng Motors rose nearly 9%
Technet stocks performed brilliantly. Kuaishou rose more than 7%, JD rose nearly 6%; biotech stocks generally rose, Tiger Pharmaceuticals rose more than 8%, and Pharmaceutical Biotech rose nearly 6%.
With multiple benefits and incentives, the Hang Seng Index welcomed its strongest weekly performance in 12 years! How will the market develop later?
Judging from various data levels, it can be said that the “beef flavor” of the Hong Kong stock market is getting stronger, driven by favorable financial policies and rising market risk appetite brought about by the strong performance of US tech giants.
Express News | The State Press and Publication Administration released approval information for domestic online games in April. NetEase's new game is listed
Hong Kong Stock Afternoon Review | Hong Kong stocks are rising all over the board! The Kee Index rose nearly 4%, while JD and Kuaishou rose nearly 5%
Auto stocks had the highest gains, with Zero Sports Auto and Xiaopeng Motors rising by more than 6%; petroleum stocks rose one after another, with CNOOC rising nearly 5% and CNOOC Services rising more than 4%.
Beishui is stepping up efforts to sweep Hong Kong stocks! Tencent is the most sought after, receiving net purchases of nearly HK$15 billion in the past two months
Mainland investors have increased their holdings of Hong Kong stocks for 19 consecutive trading days, setting a record for the longest continuous increase in history. In addition to the Chinese title and the concept of high dividends, TechNet stocks are gradually regaining financial popularity.
Toyota Partners With Tencent to Sharpen EVs' Competitive Edge
Express News | Organization: In March, Chinese mobile game manufacturers attracted a total of 2.13 billion US dollars
The benefits are pouring in, and the Hong Kong stock market is booming! Has Tencent outperformed the top seven US stocks in terms of gains during the year?
Favorable policies and capital from the South helped Hong Kong stocks to rebound strongly. Tencent has regained its “stock king” style, with an annual increase of 17% already exceeding the average increase of the Big Seven in the US stock market during the same period.
At the beginning of the market, Hong Kong Stock Technology Network strengthened. Shangtang rose nearly 5%, Kuaishou rose more than 3%, and many stocks such as Meituan, Yuewen Group, and Tencent Holdings rose.
At the beginning of the market, Hong Kong Stock Technology Network strengthened. Shangtang rose nearly 5%, Kuaishou rose more than 3%, and many stocks such as Meituan, Yuewen Group, and Tencent Holdings rose.
Zhitong Hong Kong Stock Connect Shareholding Analysis|April 26
According to data disclosed on April 25, 2024, Marco Digital Technology (01942.HK), Shandong Molong (00568.HK), and Kaisheng Xinneng (01108.HK) ranked in the top 3 shares of Hong Kong Stock Connect, with 70.47%, 66.95%, and 64.31%, respectively.
Southbound Capital made a net purchase of about HK$1.9 billion on April 25: Continuing to increase positions with Bank of China and Tencent to sell Meituan and HSBC in a big way
① Southbound capital traded about HK$37.2 billion on the same day. Which individual stocks did the capital continue to flow into? ② Bank of China's capital inflows exceed HK$500 million. What is the short-term capital trend?
Mercedes-Benz Announces In-car Gaming Cooperation With Tencent & Electronic Arts
Express News | Tencent announced multiple partnerships with companies such as Toyota, Mercedes-Benz, and EA
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