bullish

Tencent

Tencent (700 HK): Raise Margin Estimates After 3Q23 Results, 30% Upside, Buy

271 Views16 Nov 2023 01:43
Advertising, international game, and Fintech grew by two digits, but domestic entertainments were stagnant. The gross margins of all business lines improved YoY. The stock has an upside of 30%.
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Ming Lu
Overseas Chinese Equities
Aequitas Research
ChinaInformation TechnologyEquity Bottom-UpThematic (Sector/Industry)
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