Latest Search
Quote
| Back Zoom + Zoom - | ||||
|
<Research>CMBI Expects Solid 1Q Results From TENCENT, Says Mkt Overreacts to AI Investment
Recommend 13 Positive 29 Negative 14 |
||||
|
||||
|
CMBI has issued a research report predicting that TENCENT (00700.HK) will deliver solid results for 1Q26. In CMBI's estimation, TENCENT's total revenue and non-IFRS net profit will grow by 10% and 9% YoY to RMB198.4 billion and RMB66.8 billion, respectively, on strong core gaming and marketing businesses, though they will be partly offset by increased AI investment. The report also highlighted that the market overreacted to potential AI threats and short-term margin pressure from AI investment following the release of TENCENT's 4Q25 results last year. CMBI has kept a target price of HKD750 and a Buy rating for TENCENT. Auto-translated by AI AASTOCKS Financial News |
||||
Copied to Clipboard
 |
||||
