BennyB
2021-07-27
Bad news
HK-listed Tencent sinks to 13-month low; Nomura trims TP
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Nomura trims TP","url":"https://stock-news.laohu8.com/highlight/detail?id=2154993011","media":"Reuters","summary":"** Shares of Tencent Holdings Ltd fall 5.2% to HK$464.40, their lowest since June 22, 2020\n** Stock ","content":"<p>** Shares of Tencent Holdings Ltd fall 5.2% to HK$464.40, their lowest since June 22, 2020</p>\n<p>** Stock extends losses for a third consecutive session</p>\n<p>** Stock is the most actively traded by turnover and the fifth-biggest percentage decliner in the benchmark Hang Seng Index</p>\n<p>** Nomura maintains \"buy\" on the stock, but trims target price to HK$698 from HK$731, saying Tencent's Q2 revenue likely to be in line while earnings may beat low market expectations</p>\n<p>** \"Game developers are more inclined to publish games on their own instead of licensing their titles to third-party publishers such as Tencent,\" Nomura wrote in a research note, flagging a structural change in the Chinese mobile gaming space.</p>\n<p>** China's market regulator said on Saturday it would bar Tencent from exclusive music copyright deals, and the firm was fined 500,000 yuan ($77,143.83) for unfair market practices in the online music market after its acquisition of China Music Corp</p>\n<p>** The Hong Kong Hang Seng sub-index tracking information technology firms drops 4.3%, and the Hang Seng Tech Index falls 3%</p>\n<p>** The Hang Seng China Enterprises Index slides 1.8%, and the benchmark index slips 1.2%</p>\n<p>** By last close, stock down 13.1% this year</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHK-listed Tencent sinks to 13-month low; Nomura trims TP\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-07-27 14:10</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>** Shares of Tencent Holdings Ltd fall 5.2% to HK$464.40, their lowest since June 22, 2020</p>\n<p>** Stock extends losses for a third consecutive session</p>\n<p>** Stock is the most actively traded by turnover and the fifth-biggest percentage decliner in the benchmark Hang Seng Index</p>\n<p>** Nomura maintains \"buy\" on the stock, but trims target price to HK$698 from HK$731, saying Tencent's Q2 revenue likely to be in line while earnings may beat low market expectations</p>\n<p>** \"Game developers are more inclined to publish games on their own instead of licensing their titles to third-party publishers such as Tencent,\" Nomura wrote in a research note, flagging a structural change in the Chinese mobile gaming space.</p>\n<p>** China's market regulator said on Saturday it would bar Tencent from exclusive music copyright deals, and the firm was fined 500,000 yuan ($77,143.83) for unfair market practices in the online music market after its acquisition of China Music Corp</p>\n<p>** The Hong Kong Hang Seng sub-index tracking information technology firms drops 4.3%, and the Hang Seng Tech Index falls 3%</p>\n<p>** The Hang Seng China Enterprises Index slides 1.8%, and the benchmark index slips 1.2%</p>\n<p>** By last close, stock down 13.1% this year</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"00700":"腾讯控股","NMR":"野村控股","TME":"腾讯音乐","TCEHY":"腾讯控股ADR","QNETCN":"纳斯达克中美互联网老虎指数"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2154993011","content_text":"** Shares of Tencent Holdings Ltd fall 5.2% to HK$464.40, their lowest since June 22, 2020\n** Stock extends losses for a third consecutive session\n** Stock is the most actively traded by turnover and the fifth-biggest percentage decliner in the benchmark Hang Seng Index\n** Nomura maintains \"buy\" on the stock, but trims target price to HK$698 from HK$731, saying Tencent's Q2 revenue likely to be in line while earnings may beat low market expectations\n** \"Game developers are more inclined to publish games on their own instead of licensing their titles to third-party publishers such as Tencent,\" Nomura wrote in a research note, flagging a structural change in the Chinese mobile gaming space.\n** China's market regulator said on Saturday it would bar Tencent from exclusive music copyright deals, and the firm was fined 500,000 yuan ($77,143.83) for unfair market practices in the online music market after its acquisition of China Music Corp\n** The Hong Kong Hang Seng sub-index tracking information technology firms drops 4.3%, and the Hang Seng Tech Index falls 3%\n** The Hang Seng China Enterprises Index slides 1.8%, and the benchmark index slips 1.2%\n** By last close, stock down 13.1% this year","news_type":1},"isVote":1,"tweetType":1,"viewCount":81,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":7,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/809659012"}
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