Tencent Recorded Solid 2Q24 Results
[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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