Quote | Super Quote
Super Quote   |   Detail Quote   |   Interactive Chart   |   Transaction   |   Related News   |   Related Securities   |   Company Information   |   Dividend Records   |   Short Sell
RTNominal up601.500 +1.500 (+0.250%)
Research Report

10/02/2021 10:42

{I-bank focus}Nomura ups Tencent Holdings (00700) to HK$864

[ET Net News Agency, 10 February 2021] Nomura lifted its target price for Tencent
Holdings (00700) to HK$864 from HK$690 and maintained its "buy" rating.
The research house anticipates Tencent's 4Q 2020 revenue to grow 26% to CNY133bn, while
non-GAAP operating margin is likely to expand 0.8pp to 26.5%. It expects non-GAAP EPS to
come in at CNY3.43, up 30%.
For Tencent's Fintech and cloud business, Nomura now looks for 24% YoY/12% QoQ growth in
revenue, at par with 24% growth in 3Q. It revised its total revenue forecasts by
+1%/-1% for FY2020/21. (KL)

Remark: Real time quote last updated: 10/05/2021 10:31
  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.