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26587 HUTENCT@EC2502A (CALL)
RT Nominal down0.143 -0.029 (-16.860%)

14/10/2024 15:11

{I-bank focus}UBS raises Tencent (00700) to HKD580

[ET Net News Agency, 14 October 2024] UBS raised the target price for Tencent (00700) to
HKD580 from HKD483 and maintained the "buy" rating.
The research house said in the medium term, the under-monetized users, valuable IP and
abundant high quality and original content may offer a longer-term opportunity. (rc)

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