Morgan Stanley released a research report predicting that TENCENT (00700.HK) +9.500 (+1.524%) Short selling $1.86B; Ratio 23.892% 's 3Q25 revenue will grow by 13% YoY, while non-IFRS operating profit will rise by 18%, with potential upside for game and advertising businesses and continued profit margin expansion. Therefore, the broker reiterated rating at Overweight for TENCENT, with a target price of $700. TENCENT remains the broker's top pick.Related NewsCLSA: TENCENT 3Q Mobile Game Growth Steady; NTES-S Mobile Game Rev. Decline NarrowsMorgan Stanley was optimistic about the Company's robust growth across all business sectors, positive operating leverage, limited competition, capital management and execution capabilities.(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-10-23 16:25.)