TENCENT (00700.HK) -7.200 (-1.578%) Short selling $1.32B; Ratio 9.930% charted total revenue growth of 9% YoY in 1Q, slightly below expectations, CMBI mentioned in its report. Non-IFRS operating profit added 9% YoY, broadly in line. Excluding investment in new AI products, non-IFRS operating profit hiked 17% YoY, indicating that TENCENT possesses strong operating leverage and the ability to maintain stable profit growth even while increasing investment in AI.The broker largely maintained its earnings forecasts for FY26-28 and reiterated a TP of HKD750, reaffirming a Buy rating. It believed that TENCENT's earnings are resilient; paired with its continued accumulation of competitiveness in AI, the current risk-reward is attractive. (HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-05-18 16:25.)Related News JPM Reiterates Overweight on TENCENT (00700.HK); Three Risks to Watch
AASTOCKS Financial News