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| HSI1 | 24,175.12 | +144.94 | 339.59B |
| HSCEI1 | 8,039.19 | +41.90 | 95.13B |
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2026-07-10 15:52:37 BOCI issued a report expecting TENCENT (00700.HK)'s total revenue in 2Q26 to grow 9% YoY, while operating profit was estimated to gain 6% YoY, respectively 1% and 6% below market expectations. Among them, online gaming revenue was expected to add 10% YoY, online advertising revenue up 18% YoY, and fintech and business services revenue up 9% YoY, with cloud revenue growth accelerating to 23% YoY. The broker forecast the company will continue accelerating its AI investment, reflected in capital expenditure and daily operating costs, while also speeding up AI commercialization, particularly in its cloud business. It noted that market recognition and confidence in the company's AI strategy execution progress, including foundation models, products, infrastructure, commercialization and organizational structure, over the past few months have strengthened. It maintained the Buy rating on TENCENT and TP at HKD655 unchanged. ~ AASTOCKS Financial News Website: www.aastocks.com | |