bullish

Tencent

Tencent (700 HK): 4Q23, Slower Growth, But Higher Margin, 37% Upside

382 Views20 Mar 2024 23:20
Tencent experienced a one-digit growth, but its margin improved significantly in 4Q23. We believe Tencent’s social networks will stop shrinking after the company sold movie assets to China Literature.
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