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>HSBC Research Keeps Outlook on TENCENT's Core Biz Unchanged; TP Raised to HKD650 w/ Rating Buy Maintained
In its research report, HSBC Global Research kept its outlook on TENCENT (00700.HK)'s core business unchanged, projecting an 18% growth in its 2025 advertising revenue.The brok...
Reset
Send
The window will close in 5 seconds
<Research>HSBC Research Keeps Outlook on TENCENT's Core Biz Unchanged; TP Raised to HKD650 w/ Rating Buy Maintained
Close
Recommend
20
Positive
24
Negative
28
 
SHORT SELL
 
STOCK INFO

In its research report, HSBC Global Research kept its outlook on TENCENT (00700.HK)  +1.500 (+0.290%)    Short selling $667.18M; Ratio 8.666%   's core business unchanged, projecting an 18% growth in its 2025 advertising revenue.

The broker also stressed that its confidence was even bolstered by continuous improvements in TENCENT's advertising technology, increased advertising budgets driven by the growth of mini-games, benefits from higher query volumes and click-through rates in search advertising, and video accounts.

Related NewsUBS Ratings, TPs on CN Techs (Table)
HSBC Global Research raised its target price for TENCENT from HKD630 to HKD650 and maintained the Buy rating unchanged.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-07-16 12:25.)

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.