New Street Research - TENCENT 700 HK (700 HK) New Street: Tencent 3Q21 Preview

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New Street Research

Jin Yoon

New Street: Tencent 3Q21 Preview

What's new: We updated our 3Q21 top and bottom-line estimates. In this note, we discussed some of the key updates in segment such as online gaming, online ads, and fintech and business services.

Analysts:
Jin Yoon

12/10/2021 6 EN

Underlying

TENCENT 700 HK

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New Street Research

Provided by our team of experienced analysts, our work is idea driven, based on independence of thought, sector expertise, and firmly focussed on fundamentals and valuation.

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Analysts

Jin Yoon

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New Street: Tencent 3Q21 Preview

Tencent: Key Metrics from Weixin Open Class Pro 2024

Tencent: Updates on Online Game Measures and Other Business Segments

China Internet: Softening tone from regulatory authority on online game industry.

Bible 1Q24 – Foundries: leading-edge strong; Trailing-edge correction playing out.

VEON (Buy, TP: $40, +55%) Thoughts after the call

Reddit (RDDT, Neutral, $54 target) Data licensing tracking our base case after OpenAI deal

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