News Sharing
For sharing news, please enter the email address of you and the receiver, then press SEND button.*Mandatory Fields
Receiver*
Enter email addresses, separated by semicolon (;). E.g. a@a.com;b@b.com
Your email address*
 Content Sharing
<Research>CMS Raises TENCENT (00700.HK) TP to $650 as Steady AI Development to Boost Profit Growth
TENCENT (00700.HK)'s 1Q25 results beat expectations, driven by profit improvement, China Merchants Securities (CMS) published a research report saying. Of which, revenue increa...
Reset
Send
The window will close in 5 seconds
<Research>CMS Raises TENCENT (00700.HK) TP to $650 as Steady AI Development to Boost Profit Growth
Close
Recommend
9
Positive
17
Negative
3
 
SHORT SELL
 
STOCK INFO

TENCENT (00700.HK)  -7.500 (-1.455%)    Short selling $901.65M; Ratio 8.279%   's 1Q25 results beat expectations, driven by profit improvement, China Merchants Securities (CMS) published a research report saying. Of which, revenue increased by 13% YoY, 3% ahead of forecast, while non-IFRS net profit rose by 22% YoY, beating estimation by 3%.

The Group's game and advertising businesses maintained strong growth momentum, driven by AI, the report added. CMS anticipated that the Group's advertising revenue will incline by 19% YoY this year.

Related NewsBOCI Elevates TENCENT's TP to HKD634; Rating Reiterated at Buy
Therefore, the broker raised its target price for TENCENT from $621 to $650, with rating kept at Buy, and maintained the stock as its sector top pick.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-05-16 16:25.)

AASTOCKS Financial News
Website: www.aastocks.com
Copyright(C) AASTOCKS.com Limited 2000. All rights reserved.
Disclaimer: AASTOCKS.com Ltd, HKEx Information Services Limited, its holding companies and/or any subsidiaries of such holding companies endeavour to ensure the accuracy and reliability of the Information provided but do not guarantee its accuracy or reliability and accept no liability (whether in tort or contract or otherwise) for any loss or damage arising from any inaccuracies or omissions.