Big Bank Ratings | CMB International: Regulatory risks have not been eliminated, and the stock price of Tencent (0700. HK) is expected to be at a low level of about HK $402

格隆汇2021-08-17

On August 17th, Tencent (0700. HK) will announce its interim results tomorrow. According to the CMB International Development and Research Report, it is estimated that the revenue/profit in the second quarter will increase by 18%/8% year-on-year, which is slightly lower than the market expectation. Among them, value-added services/advertising/other revenue is expected to increase by 11%/21%/32% year-on-year. In the short term, regulatory risks have weakened industry sentiment and may put pressure on stock prices. If the past valuation is as low as 24 times...

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2021-08-17
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HK) is expected to be at a low level of about HK $402\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">格隆汇</strong><span class=\"h-time small\">2021-08-17 16:04</span>\n</p>\n</h4>\n</header>\n<article>\n<p><div>On August 17th, Tencent (0700. HK) will announce its interim results tomorrow. According to the CMB International Development and Research Report, it is estimated that the revenue/profit in the second quarter will increase by 18%/8% year-on-year, which is slightly lower than the market expectation. Among them, value-added services/advertising/other revenue is expected to increase by 11%/21%/32% year-on-year. In the short term, regulatory risks have weakened industry sentiment and may put pressure on stock prices. 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