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<Research>CICC Confident in TENCENT's Core Biz Keeping Up High-Quality Growth
Recommend 13 Positive 19 Negative 14 |
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CICC has published a research report expressing optimism about TENCENT (00700.HK)'s core gaming, advertising, financial, and enterprise businesses maintaining high-quality growth. Coupled with its accelerating layout in the AI field, CICC expects TENCENT's gaming revenue growth to be supported this year and advertising revenue growth to outperform the market. Meanwhile, it is likely that TENCENT's user loyalty will further improve thanks to ecosystem products like video accounts and mini programs, as well as AI-driven operational efficiency. CICC estimates the company's fintech and enterprise service revenue to have grown by 10% YoY in 4Q25. CICC has kept an Outperform rating on TENCENT, with a target price of HKD700. AAStocks Financial News |
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