UBS released a research report stating that according to the “buy” rating for Tencent Holdings (00700.HK), revenue for the first quarter is expected to increase 6% year on year, and adjusted net profit will rise 36% year on year to 44.4 billion yuan, mainly driven by increased profits from high-profit businesses and strong profits from joint ventures (such as Kuaishou and Pinduoduo), with a target price of HK$428.
瑞银：予腾讯控股(00700.HK)“买入”评级 目标价428港元
UBS: Target price of HK$428 for a “buy” rating for Tencent Holdings (00700.HK)
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The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
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Risk Disclaimer
The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
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