Tencent 0700 02 (Jan 15 - Aug 18)

Re: Tencent 0700 02 (Jan 15 - Dec 18)

Postby winston » Tue Jul 24, 2018 7:46 am

How free game Fortnite, with skins and cosmetics that players love, made over a billion dollars in five months

One of the world’s most popular games right now, Fortnite is free to play but pulls in hundreds of millions a month from players who want to give their characters things like bunny costumes, funky dance moves and Top Gun outfits

Fortnite’s 125 million players have made it the highest-grossing free-to-play game in history.

In May, the game generated US$318 million in revenue for North Carolina-based Epic Games.

From January to the end of May, Fortnite pulled in more than US$1 billion.


“I have so much fun playing, that it was like ‘okay, the least I can do is buy a skin that I really, really want,’” she says.

To frequent players of the game, having a skin can also be seen as a virtual sign that you are not a rookie, or “noob”, in the game.

At first, he didn’t spend anything. But after getting called out online by his friends for being a “no skin” – an insult to players who are just using the game’s free, standard avatars – he decided to put some money into it.


Source: SCMP

https://www.scmp.com/lifestyle/article/ ... er-billion
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Re: Tencent 0700 02 (Jan 15 - Dec 18)

Postby winston » Tue Jul 24, 2018 7:49 am

Want to make money off the ‘Fortnite’ video game? Buy this stock

By Philip van Doorn

Your kids might soon be playing ‘Fortnite,’ and you might soon be profiting from the popular online video game

“Fortnite” is made by Cary, N.C.-based Epic Games, which isn’t publicly traded. But Tencent Holdings 0700 of Shenzhen, China, has a 40% stake in the company.

Tencent and Epic are a perfect fit because Tencent is a worldwide distributor of games and a provider of various social-media services.

Tencent has begun pre-registration for a Chinese version of the game after it caught fire in the rest of the world.


Source: Market Watch

https://www.marketwatch.com/story/want- ... 2018-05-22
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Re: Tencent 0700 02 (Jan 15 - Dec 18)

Postby winston » Tue Jul 24, 2018 7:56 am

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Tencent drifts lower, now $100 off peak

by Tracy Hu

Shares of index heavyweight Tencent Holdings (0700) yesterday fell 1.49 percent with one investor offloading HK$125 million worth of its shares in 35 seconds in the morning trading.

The stock price of the Chinese internet giant was more than HK$100 less from its historic peak as of yesterday, standing at HK$371.00 a piece.

Target prices of Tencent, which is set to unveil its half-year earnings on August 15, were earlier lowered by big houses.

Daiwa cut its target on Tencent to HK$490 from HK$530 as it forecast Tencent's mobile game business to decline by 7 percent period on period.

Kenny Wen, wealth management strategist at Everbright Sun Hung Kai, said the current target prices of the big houses still show Tencent's profit potential as they are much higher than the current stock price.

"In the long term, we are still positive about Tencent's shares and its growth drivers of the company including advertisement, cloud calculation and games,"said Wen, "but investors may expect a slightly lower price than the HK$370 level."

Source: The Standard
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Re: Tencent 0700 02 (Jan 15 - Dec 18)

Postby winston » Tue Jul 24, 2018 1:38 pm

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Unstoppable Stocks to Buy No Matter What: Tencent Holding (TCEHY)

Insider Selling Concerns Just Created a Buying Opportunity in TCEHY Stock

The China internet growth narrative it still in its infancy relative to the U.S. internet growth narrative. Quite simply, U.S. internet adoption rates are right around 90%, while China internet adoption rates are still below 40%.

That means there is still a ton of growth left until China’s internet landscape is fully saturated like the U.S. internet landscape.

With that in mind, why wouldn’t you want to invest in China’s Facebook? TENCENT HOLDING/ADR (OTCMKTS:TCEHY), often labeled as China’s Facebook due to its billion user WeChat/Weixin app, is a hyper-growth company with broad exposure to China’s booming internet landscape.

That wast most evident in the company’s recent quarterly results, wherein revenues increased by 48% year-over-year, operating profits increased by 59% year-over-year, and net profits increased by 65% year-over-year.

Because of the still low internet penetration rates in China, this big growth supporting TCEHY is here to stay. Consequently, TCEHY stock will remain a big winner over the next several years.

Source: Investor Place
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Re: Tencent 0700 02 (Jan 15 - Dec 18)

Postby winston » Wed Jul 25, 2018 8:49 pm

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Chinese internet goliath Tencent aims to top US$13 billion esports league with killer games and shows

The Chinese firm is in the unique position of owning and backing signature titles such as League of Legends and Fortnite, plus a distribution channel anchored by its billion-plus WeChat users

Esports is taking off globally but nowhere more so than in China: a nation of over 400 million gamers fuelling viewership comparable to US pro sports.

Last year’s matchups garnered as many as 240 million daily views – double the US audience of the Super Bowl – on TVs, phones and computers with top players commanding multimillion dollar transfer fees.


Source: SCMP

https://www.scmp.com/tech/article/21567 ... gue-killer
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Re: Tencent 0700 02 (Jan 15 - Dec 18)

Postby winston » Thu Jul 26, 2018 11:36 am

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<Research Report>Macquarie Foresees TENCENT (00700.HK) 3Q Online Game Revenue Strong; Recommends Bottom Fish

TENCENT (00700.HK) has launched the test version of Fortnight in China on 24 July, Macquarie said in its report, suggesting survival shooter genre starts monetizating for TENCENT, also echoing Macquarie's view that the group will have strong online game in 3Q from weak 2Q.

With Pingduoduo and Tencent Music debut, the research house said TENCENT has potential value growth and can act as defensive stock amid rattled market.

The rating was reiterated at Outperform with target price of $560. Macquarie recommended bottom fish.

Source: AAStocks Financial News
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Re: Tencent 0700 02 (Jan 15 - Dec 18)

Postby winston » Thu Jul 26, 2018 11:51 am

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<Research Report>Deutsche Trims TENCENT (00700.HK) TP to $452; Retained Buy

Deutsche Bank acknowledged three challenges TENCENT (00700.HK) has been facing in last few months:
1. Future growth challenge signaled by potential persistent slowdown in 2Q mobile game growth;
2. Tenpay profitability ease due to possible higher RRR and
3. Less dominance in Chinese digital content market in light of falling mobile market share.

Yet, the research house did not think the above problems are structural.

The rating is kept Buy with target price cut to $452 from $512.

Source: AAStocks Financial News
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Re: Tencent 0700 02 (Jan 15 - Dec 18)

Postby winston » Sun Jul 29, 2018 7:20 am

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Pony Ma loses US$710 million as Facebook rout weighs on shares of Chinese social media giant Tencent

Tencent shares have plunged by 22 per cent since January, wiping off about HK$1 trillion in market value

Pony Ma, who owns about 820 million shares of Tencent.

His current net worth stands at US$37.9 billion, next to Alibaba Group Holding chairman Jack Ma Yun’s US$44.6 billion

For the past eight trading sessions, more than US$2.8 billion have flowed out of Tencent from mainland China via the Stock Connect schemes.


Analysts at DB said Tencent had been plagued by three issues:-
1. Expected revenue decline in mobile gaming in the second quarter
2. A drop in revenue at online payment platform Tenpay and
3. A loss in market share in digital content services


Source: SCMP

https://www.scmp.com/business/companies ... es-chinese
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Re: Tencent 0700 02 (Jan 15 - Dec 18)

Postby winston » Thu Aug 02, 2018 10:03 pm

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Tencent earmarks 93 firms for US$27.48 bn in cash injections

Sources say projects that form checks and balances on its major competitor Alibaba can more easily draw funds

While the investments cover all aspects of e-commerce, corporate services, transportation and logistics, culture, entertainment and education, the e-commerce community is the area where Tencent bets the most.


Source: ASIA TIMES

http://www.atimes.com/article/tencent-e ... 1-31514885
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Re: Tencent 0700 02 (Jan 15 - Dec 18)

Postby winston » Sat Aug 04, 2018 6:06 am

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Mini-Programs

Tencent already offers more than one million mini-programs on its WeChat service, which has become China’s ubiquitous, do-everything platform for messaging, social networking, e-commerce and mobile payments, that has more than 1 billion users globally.

WeChat introduced a simple platform-jumping game in late December that garnered 100 million users in two weeks and inspired a raft of copycats.

Tencent opened its mini-program platform to outside developers in April, giving them 30 to 50 per cent share of revenue generated from advertisements.

Source: SCMP
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