Re: Tencent 0700 02 (Jan 15 - Dec 18)
Posted: Mon Apr 16, 2018 1:08 pm
not vested
<Research Report>CICC: Long-term Recommend on TENCENT, Gradually Forms Mature Commercialized Ecosystem
CICC rated long-term Recommend on TENCENT (00700.HK) at the target price $540 unchanged.
The broker stated that as the leader in the Internet industry, TENCENT had been brushing up its ecosystem layout through intensifying business synergy and acquisition and merger.
The company also kept starting up new business sectors and innovative business models to raise the commercialized capability, from which the broker saw great development potential.
TENCENT's 2018-19 adjusted net profit were respectively forecasted to grow 22.9% and 43.2% to RMB8 billion and RMB11.46 billion.
Source: AAStocks Financial News
<Research Report>CICC: Long-term Recommend on TENCENT, Gradually Forms Mature Commercialized Ecosystem
CICC rated long-term Recommend on TENCENT (00700.HK) at the target price $540 unchanged.
The broker stated that as the leader in the Internet industry, TENCENT had been brushing up its ecosystem layout through intensifying business synergy and acquisition and merger.
The company also kept starting up new business sectors and innovative business models to raise the commercialized capability, from which the broker saw great development potential.
TENCENT's 2018-19 adjusted net profit were respectively forecasted to grow 22.9% and 43.2% to RMB8 billion and RMB11.46 billion.
Source: AAStocks Financial News