According to the Securities Times app, Citic Securities released a research report stating a bullish outlook on Tencent Holdings (00700) with the potential for continuous profit release. It is forecasted to achieve a revenue of 167.5 billion yuan in 3Q24 (+8.3% year-on-year), and achieve Non-IFRS net income of 53 billion yuan (+18.0% year-on-year). The performance will maintain a high-quality growth trend, and the "buy" rating will be maintained.

Furthermore, the bank expects Tencent to continue its high-quality growth mode, accompanied by the rapid development of high gross margin businesses such as Video Number, Mini Games, and Search Advertising. The commercialization capability of games is improving, bringing a multiplier effect of ai, and continuous cost reduction and efficiency improvement. The company will continue its high-quality growth model.