bullish

Tencent

Tencent (700 HK): 2Q25 Preview, Game Up by 16%

278 Views06 Aug 2025 06:06
We believe game revenue will continue to recover in 2Q25, riding on the policy easing. Tencent saveS computing costs by AI. We expect the stock has an upside of 23% for year end 2025.
What is covered in the Full Insight:
  • Introduction
  • 2Q25 Revenue Growth Projection
  • Game Segment Performance
  • Operating Margin Improvement
  • Valuation and Price Target
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Full Insight
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Ming Lu
Overseas Chinese Equities
Aequitas Research
ChinaInformation TechnologyEquity Bottom-UpThematic (Sector/Industry)
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