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>CMBI Elevates TENCENT's TP to HKD660, Anticipates AI to Sustain Biz Growth
TENCENT (00700.HK)'s 1Q25 results beat expectations with revenue growing by 13% YoY and non-IFRS net profit increasing by 22%, both surpassing the market consensus by 3%, accor...
Reset
Send
The window will close in 5 seconds
<Research>CMBI Elevates TENCENT's TP to HKD660, Anticipates AI to Sustain Biz Growth
Close
Recommend
9
Positive
24
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 with revenue growing by 13% YoY and non-IFRS net profit increasing by 22%, both surpassing the market consensus by 3%, according to CMBI's research report.

During the period, TENCENT's gaming/ advertising revenue showed robust YoY growth of 24%/ 20%. Its GPM expansion also outperformed expectations as supported by a shift in revenue structure and improved cost efficiency.

Related NewsDaiwa's Latest Top Picks for H Shrs/ A Shrs/ CN ADRs (Table)
Based on TENCENT's 1Q results, CMBI raised its 2025-27 non-IFRS net profit forecasts for the company by 3-7% and its target price from HKD625 to HKD660. It also kept the Buy rating unchanged as it was optimistic that AI development would continue to drive growth across various business segments.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-05-16 16:25.)

AAStocks Financial News
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.