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<Research>China Renaissance Elevates TENCENT (00700.HK) TP to $780, Expects 3Q AI-assisted Ad Rev. Growth to Continue
China Renaissance released a research report expecting that TENCENT (00700.HK)'s 3Q25 local/ international game revenue will hike 15%/ 22% YoY each, and online advertising reve...
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<Research>China Renaissance Elevates TENCENT (00700.HK) TP to $780, Expects 3Q AI-assisted Ad Rev. Growth to Continue
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SHORT SELL
 
STOCK INFO

China Renaissance released a research report expecting that TENCENT (00700.HK)  -7.000 (-1.116%)    Short selling $1.23B; Ratio 13.827%   's 3Q25 local/ international game revenue will hike 15%/ 22% YoY each, and online advertising revenue will rise by 20%, with fintech & enterprise services revenue growing by 10%.

Therefore, the broker reiterated rating at Buy, and elevated its target price from $685 to $780, due to the Company's ongoing progress in revenue growth and AI development.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-10-16 16:25.)

Related NewsCiti Anticipates TENCENT's 3Q Total Rev. & Profit to Beat Forecasts

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