UBTENCT@EP2608C.P (26703) News

Express News | Tencent and others have acquired stakes in Yuyong Technology.

Breakings9minutes ago

Express News | Growing for seven consecutive weeks, China's large models see weekly usage volumes more than four times those of the United States.

Breakings15minutes ago

Goldman Sachs: Chinese equities show 'rotation signals,' with A-share hard-tech stocks still favored and H-share internet firms seeing earnings recovery.

Goldman Sachs’ latest China strategy maintains its tactical preference for A-shares over H-shares and hard tech over soft tech, but has started paying attention to the recovery potential of large-cap H-share internet stocks following their valuation adjustments. The key to sustained H-share rebounds lies not in valuations but in earnings: losses from internet subsidies and AI-related capital expenditures continue to weigh on profits. China’s AI sector as a whole is not viewed as a bubble, though signs of localized overheating have emerged in semiconductors and certain A-share hard tech segments.

wallstreetcn10:34

TENCENT(700HK):SOLID CORE BUSINESS GROWTH; INVESTING TO ACCELERATE AI DEVELOPMENT

09:16

Watch for potential consolidation in the Hang Seng Index's upward momentum; guard against bubble burst risks in semiconductor stocks.

Since the start of July, the Hang Seng Index has posted a solid performance over seven trading days, rising on five of them and gaining nearly 1,300 points cumulatively during this period, closing at 24,175 points last Friday. It has now closed above the 24,000 mark for three consecutive sessions, which should reasonably be viewed as having stabilized around the 24,000 level; however, given that it remains less than 300 points above this threshold, further observation is warranted to confirm stabilization. Following a decline of over 2,300 points in June, the index has rebounded by nearly 1,300 points, recovering approximately 55% of its losses—a recovery exceeding the halfway mark, indicating a healthy rebound process. Nevertheless, against the backdrop of a year-to-date (first half of 2026) cumulative loss of nearly 2,750 points, the recovery remains incomplete.

HK MoneyClub09:05

Tencent (00700.HK): Core business resilience continues as AI transitions from investment phase to product validation phase

We expect Tencent's total revenue for Q2 2026 to be RMB 202.1 billion, an increase of 9.5% year-over-year; adjusted net profit attributable to shareholders is expected to be RMB 66.4 billion, up 5.4% year-over-year. Core business revenue met expectations. We forecast that 1) value-added services

Shenwan Hongyuan ResearchJul 12 13:32

Express News | Golden Evening News | Key Developments on the Evening of July 11

BreakingsJul 11 21:00

Top gaming companies saw global revenue growth exceeding 17% in June, with a wave of new releases launching during the summer season.

① In June, leading Chinese gaming companies continued their strong global revenue performance, with 38 Chinese mobile game publishers ranking among the top 100 global mobile game publisher revenue chart, collectively generating $2.06 billion in revenue—an increase of over 17% year-over-year. ② The industry landscape has become increasingly clear, characterized by stable earnings from long-running flagship titles and newer releases progressively entering their revenue ramp-up phase. ③ Recently, new titles launched for the summer season have begun to roll out, which is expected to further boost gaming companies’ revenues.

cls.cnJul 11 18:15

Tencent (0700.HK): Increased AI investment; HunYuan 3 and WORKBUDDY exceed expectations

We expect Tencent's 2Q26 revenue to increase by 8.8% year-over-year, and its adjusted net profit attributable to equity holders to rise by 6.8% year-over-year to RMB 67.4 billion. By segment, 2Q revenue from VAS, advertising, and fintech is expected to grow by 5%, 19%, and

Huatai SecuritiesJul 11 00:00

Express News | Golden Evening News | Key Developments on the Evening of July 10

BreakingsJul 10 21:00

Fund Flows | Southbound capital adds over HK$2.8 billion to Zhipu AI, records net purchases of Alibaba for five consecutive days

Track the latest developments of southbound capital flows.

Gelonghui FinanceJul 10 19:49

Zhitong HK Connect Active Trading | July 10

Stock Connect Active Trading | July 10, 2026

Zhitong FinanceJul 10 19:00

Express News | China's first Tencent WorkBuddy OPC Collaborative Community has been established in Chengdu.

BreakingsJul 10 18:50

Hong Kong Stock Connect saw a net outflow of HK$4.698 billion from the Tracker Fund of Hong Kong.

Southbound capital recorded net inflows into Zhipu AI (02513.HK), GigaDevice (03986.HK), and Alibaba (09988.HK) of HK$2.843 billion, HK$648 million, and HK$458 million, respectively. Net outflows were observed from Tracker Fund of Hong Kong (02800.HK), Tencent (00700.HK), and HHGrace (01347.HK), amounting to HK$4.698 billion, HK$2.864 billion, and HK$840 million, respectively. The most active stock by net southbound capital inflow via Shanghai-Hong Kong Stock Connect was Zhipu AI (02513.HK), with HK$1.465 billion, while the highest capital

AASTOCKSJul 10 18:25

Southbound Capital Flows | Southbound capital recorded a net sell-off of HK$5.995 billion, selling some AI hardware stocks while continuing to accumulate Zhipu AI (02513) with over HK$2.8 billion

On July 10, southbound capital recorded a net sell-off of HK$5.995 billion in the Hong Kong stock market, comprising a net sell-off of HK$3.344 billion via Shanghai-Hong Kong Stock Connect and HK$2.651 billion via Shenzhen-Hong Kong Stock Connect.

Zhitong FinanceJul 10 17:49

Express News | Southbound funds recorded net sales of nearly HK$6 billion today, with Tracker Fund of Hong Kong among the top-selling assets.

BreakingsJul 10 17:42

Express News | Southbound funds recorded a significant net outflow of RMB 5.995 billion today. Via Shanghai-Hong Kong Stock Connect, Tracker Fund of Hong Kong and Tencent were net sold by HKD 2.812 billion and HKD 1.82 billion, respectively; Zhipu AI topped net purchase

BreakingsJul 10 17:31

Jefferies Adjusts Tencent Holdings' Price Target to HK$750 From HK$795, Keeps at Buy

MT NewswiresJul 10 16:39 · Ratings

Market Snapshot | The three major indices moved in mixed directions, with the Hang Seng Index rising 0.6% and the Hang Seng Tech Index falling 0.21%. Technology and internet stocks generally advanced, with Xiaomi up over 3% and Alibaba gaining more than 2

Tech and internet stocks rose broadly, with Xiaomi Group-W up 3.36% and NetEase down 2.73%; most lithium battery stocks declined, with CATL falling 7.92% and Tianqi Lithium down 4.20%; biotechnology stocks advanced across the board, with Pregene Biopharma-B surging 28.93% and Kelun-Biotech rising 8.74%;

Futu NewsJul 10 16:24

BOCI: Market recognition of Tencent's (00700.HK) AI progress has strengthened; maintains 'Buy' rating with a target price of HK$655.

China International Capital Corporation (CICC) published a report forecasting that Tencent Holdings (00700.HK) will report a 9% year-over-year increase in total revenue and a 6% year-over-year increase in operating profit for the second quarter of this year, which are 1 percentage point and 6 percentage points below market expectations, respectively. The report projects online gaming revenue to grow 10% year-over-year, online advertising revenue to rise 18% year-over-year, and fintech and business services revenue to increase 9% year-over-year, with cloud business revenue accelerating to 23% year-over-year growth. The firm believes the company will continue to accelerate its AI investments, reflected in both capital expenditures and ongoing operating costs, and will also expedite the commercialization of AI, particularly within its cloud business. It notes that the market has been closely watching the company's execution of its AI strategy over recent months.

AASTOCKSJul 10 15:52