Tencent Recorded Solid 2Q24 Results

Global X ETFs
08-22

[For Hong Kong Investor Only] As the largest holding in the Global X MSCI China ETF (3040 HK) and second largest in the Global X Hang Seng Tech ETF (2837 HK), Tencent's strength across online games and advertising verticals, along with accelerated share buybacks, underscore its influential position in China's digital ecosystem. In their latest 2Q24 results, the tech giant reported 8% revenue growth to Rmb161Bn and a 53% surge in adjusted net profit to Rmb57Bn, outpacing estimates.

#Tencent #ChinaTech #ETF #Investing

Learn more about Global X Hang Seng TECH ETF (2837) $GX恒生科技(02837)$ and the risk factors:

https://www.globalxetfs.com.hk/campaign/hang-seng-tech-etf/

Learn more about Global X MSCI China ETF (3040) $GX中国(03040)$ and the risk factors: https://www.globalxetfs.com.hk/funds/msci-china-etf/

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Investors should refer to the Fund's prospectus for details, including the risk factors. Statements concerning financial market trends or portfolio strategies are based on current market conditions, which will fluctuate. There is no guarantee that these opinions are suitable for all investors and each investor should evaluate their ability to invest for the long term, especially during periods of downturn in the market. Outlook and strategies are subject to change without notice. Issuer: Mirae Asset Global Investments (Hong Kong) Limited. This material has not been reviewed by the Securities and Futures Commission. HUANG YIMIN (Licensed by the Securities and Futures Commission for Types 1 and 4 regulated activities under the Securities and Futures Ordinance). HUANG YIMIN and his associate(s) do not hold the securities/fund mentioned in the material.

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