Quote | Super Quote
Super Quote   |   Detail Quote   |   Interactive Chart   |   Transaction   |   Related News   |   Related Securities   |   Company Information   |   Dividend Records   |   Short Sell
RTNominal down608.000 -5.500 (-0.896%)
Research Report

13/11/2020 17:21

{I-bank focus}BOCOM lifts Tencent Holdings (00700) to HK$659

[ET Net News Agency, 13 November 2020] BOCOM Research lifted its target price for
Tencent Holdings (00700) to HK$659 from HK$627 and maintained its "buy" rating on positive
outlook of games and great potential in mini-programs.
The research house said Tencent's 3Q results beat consensus. BOCOM expects 4Q revenue of
RMB132.9bn, up 26% YoY/6% QoQ, on successful new games and recovery cloud business, and
adjusted net profit of RMB34.5bn, up 36% YoY with NPM (net profit margin) flat at 26%.
For 2020/21, BOCOM expects 28%/24% growth in revenue and 32%/20% growth in net profit.

Remark: Real time quote last updated: 13/04/2021 17:59
  Real-time basic market prices of Hong Kong securities are provided by HKEx; a Designated Website authorized by the HKEx Group to provide the Service
A Member of HKET Holdings
Customer Service Hotline:(852) 2880 7004     Customer Service Email:cs@etnet.com.hk
Copyright 2021 ET Net Limited. http://www.etnet.com.hk ET Net Limited, HKEx Information Services Limited, its Holding Companies and/or any Subsidiaries of such holding companies, and Third Party Information Providers endeavour to ensure the availability, completeness, timeliness, accuracy and reliability of the information provided but do not guarantee its availability, completeness, timeliness, accuracy or reliability and accept no liability (whether in tort or contract or otherwise) any loss or damage arising directly or indirectly from any inaccuracies, interruption, incompleteness, delay, omissions, or any decision made or action taken by you or any third party in reliance upon the information provided. The quotes, charts, commentaries and buy/sell ratings on this website should be used as references only with your own discretion. ET Net Limited is not soliciting any subscriber or site visitor to execute any trade. Any trades executed following the commentaries and buy/sell ratings on this website are taken at your own risk for your own account.