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1. • • Tencent Holdings is scheduled to report second-quarter results on Wednesday. Here is what you need to know: NET PROFIT: The Chinese videogame and social-media company's quarterly net profit likely jumped 58% to 41.47 billion yuan ($5.79 billion), according to the consensus estimate of 14 analysts in a FactSet poll.
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     Tencent's Second-Quarter Profit Likely Jumped 58% -- Earnings ...

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   Why did Tencent's net profit rise 10 per cent?

   • Its net profit rose 10 per cent to Rmb25.8bn. The turnround comes after Tencent’s revenue fell 1 per cent last year, the company’s first annual sales decline on record, hit by Beijing’s tough zero-Covid policies that crimped advertising and spending on the group’s ubiquitous WeChat app.

   Tencent revenues accelerate as China emerges from Covid lockdowns

   www.ft.com/content/d6967d65-e13a-4861-a139-1f0de946b473

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   Will Tencent Holdings report second-quarter results?

   • Tencent Holdings is scheduled to report second-quarter results on Wednesday. Here is what you need to know: NET PROFIT: The Chinese videogame and social-media company's quarterly net profit likely jumped 58% to 41.47 billion yuan ($5.79 billion), according to the consensus estimate of 14 analysts in a FactSet poll.

   Tencent's Second-Quarter Profit Likely Jumped 58% -- Earnings Preview

   www.marketwatch.com/story/tencent-s-second-quarter-profit-likely-jumped-58-earnings-preview-a2c5fd74

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   Why did Tencent's revenue rise in the first quarter?

   • Chinese tech giant Tencent’s revenues accelerated in the first quarter as the world’s second-largest economy lurched back to life after the ending of the country’s zero-Covid policy. The social media and gaming group on Wednesday reported an 11 per cent rise in revenue to Rmb150bn ($21bn) in the three months to March, compared with a year ago.

   Tencent revenues accelerate as China emerges from Covid lockdowns

   www.ft.com/content/d6967d65-e13a-4861-a139-1f0de946b473

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   Why did Tencent post strong earnings?

   • “Tencent posted really strong earnings after shifting towards higher margin revenue businesses like advertising, mini-game platform fees and ecommerce monetisation,” said Robin Zhu, analyst at Bernstein.

   Tencent profits soar on its online advertising boom - Financial Times

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   Why is Tencent's share price rising?

   • Revenues were Rmb159.5bn, up 6 per cent compared with the first quarter of 2023. Tencent’s share price has risen more than 30 per cent since the start of the year, as investors show signs of selectively returning to Chinese tech equities after several years of battered valuations following a regulatory crackdown and rising US-China tensions.

   Tencent profits soar on its online advertising boom - Financial Times

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   How did Tencent perform in the first three months of 2024?

   • Tencent ’s net income rose 62 per cent year on year to Rmb42bn ($5.8bn) in the first three months of 2024, beating analyst estimates and driven largely by a more profitable advertising business. Revenues were Rmb159.5bn, up 6 per cent compared with the first quarter of 2023.

   Tencent profits soar on its online advertising boom - Financial Times

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3. finance.yahoo.com › news › tencent-160-billion-rallyTencent’s $160 Billion Rally Faces Key Earnings Test

   finance.yahoo.com › news › tencent-160-billion-rally

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   Mar 21, 2023 · Forward earnings estimates have risen by more than 5% this year, according to data compiled by Bloomberg, while analysts’ targets suggest a 29% rise in the shares over the next 12 months.

4. finance.yahoo.com › news › tencent-revenue-beatTencent Beats Estimates After WeChat, Video Lift Ad Growth

   finance.yahoo.com › news › tencent-revenue-beat

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   May 14, 2024 · (Bloomberg) -- Tencent Holdings Ltd.’s revenue and earnings beat estimates after its TikTok-style video platform gained traction against ByteDance Ltd. and drove growth despite a faltering ...

   • Author: Zheping Huang

5. www.bloomberg.com › news › articlesTencent Beats Estimates After WeChat, Video Lift Ad Growth

   www.bloomberg.com › news › articles

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   May 14, 2024 · Tencent Holdings Ltd. ’s revenue and earnings beat estimates after its TikTok-style video platform gained traction against ByteDance Ltd. and drove growth despite a faltering Chinese economic...

   • Author: Zheping Huang

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7. www.ft.com › content › d6967d65-e13a-4861-a139-1f0deTencent revenues accelerate as China emerges from Covid lockdowns

   www.ft.com › content › d6967d65-e13a-4861-a139-1f0de

   May 17, 2023 · Chinese tech giant Tencent’s revenues accelerated in the first quarter as the world’s second-largest economy lurched back to life after the ending of the country’s zero-Covid policy.

8. www.marketwatch.com › story › tencent-s-secondTencent's Second-Quarter Profit Likely Jumped 58% -- Earnings ...

   www.marketwatch.com › story › tencent-s-second

   Aug 12, 2024 · Tencent Holdings is scheduled to report second-quarter results on Wednesday. Here is what you need to know: NET PROFIT: The Chinese videogame and social-media company's quarterly net profit...

9. www.bloomberg.com › news › articlesTencent, Alibaba Earnings to Test Strength of China's $44 ...

   www.bloomberg.com › news › articles

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   Nov 15, 2023 · Financial results from Tencent Holdings Ltd. and Alibaba Group Holding Ltd. will likely test the strength of a $44 billion rally in China’s technology sector this month. As the country’s major ...

10. www.ft.com › content › e61d64ea-449d-4554-b4bf-e9ccTencent profits soar on its online advertising boom

    www.ft.com › content › e61d64ea-449d-4554-b4bf-e9cc

    May 14, 2024 · Tencent ’s net income rose 62 per cent year on year to Rmb42bn ($5.8bn) in the first three months of 2024, beating analyst estimates and driven largely by a more profitable advertising business....