On April 13th, the Hong Kong Stock Exchange documents showed that Tencent Holdings (00700) reduced its stake in Kuaishou-W (01024) from 20.46% to 19.02%, causing a stir in the market. Tencent later explained that its investment entity PNI, which indirectly controls Tencent Plus Partners (TPP), distributed Kuaishou Class B shares totaling 51.16 million shares to some external capital partners in physical form at their request and free of charge. PNI is jointly invested by external capital and Tencent with TPP's assistance, so PNI's shareholding decreased by about 1.4%, while Tencent's total shareholding of 17.96% (excluding TPP) remained unchanged.Kuaishou currently has a market value of HKD210 billion. From the perspective of holding cost, as early as 2017 and 2018, Tencent twice invested

$TENCENT(00700)$ released Q4 2022 and its full-year earnings after Mar,22. Sales slightly beat market consensus, the effect of reducing costs and increasing efficiency continues, and the margin promoted better than expected. Offline business still affected, while games and entertainment performed steadily. Fortunately, video content is entering an accelerated monetizing period, ads revenue growing strong recovery potential. We expect further recovery  in 2023.Overview of Q4 performanceRevenue 144.95 billion yuan, up 1% year-on-year, higher than the market expectation of 144.50 billion yuan. Among them,The overall income of value-added services was 70.4 billion

Takeaways1. Chinese game version authoration number restarted, Tencent, Netease are welcoming the new chance.2. EA's Q4 earnings miss, new games delayed again, investors flew.3. Blizzard's takeover makes Microsoft hard, authoration in process.Tencent has new chance$TENCENT(00700)$ LIGHTSPEED STUDIOS officially announced that the new game "Garena Undawn", which got the version number on January 17th, will be launched this month, and I am afraid it will become another explosive game that has brought considerable water to Tencent since "Peace Elite".Previously, we also saw the tre

$TENCENT(00700)$Revenue Decline but Share Prices Up![Happy]  Tencent logged its first-ever revenue decline after online advertising sales fell by a record, underscoring the extent to which China’s worsening economy is hurting its biggest corporations.The country’s most valuable company slashed 5,000 jobs or nearly 5 per cent of its workforce – the first quarterly drop in staffing since 2014 after layoffs rippling through the global tech sector finally hit the WeChat operator. Revenue fell a deeper-than-projected 3 per cent to 134 billion yuan ($28.5 billion) while net income also missed estimates, plunging 56 per cent in the June quarter.Just like Mark Zuckerberg’s Meta, Tencent is staking its claim of a possible fu

$TENCENT(00700)$ released the second quarter report at the date of August 17. One day earlier, the media reported that "Tencent intends to sell off its holdings on $Meituan(03690)$, bringing chaos in trading.It is definitely not Tencent's leak, silence would be its most reasonable choice. But the media don't care, they need gossips, some of which created some "investment opportunities" to banks.After all, the pricing power of Hong Kong stock market is still in investors with

$TENCENT(00700)$$330

$TENCENT(00700)$My target price is $330

GOING DOWN SOON

HK 270

Sad to say this but its likely possible to go down to 250

$Tencent Holding Ltd.(TCEHY)$9999

$TENCENT(00700)$350...

$TENCENT(00700)$target price HK$500 

$TENCENT(00700)$250 very strong sign hahaha constant dropping 

My target for $TENCENT(00700)$$280

$TENCENT(00700)$9999999

$腾讯音乐(TME)$ $28.50