Technology, Communication, Industrials Sep 09, 2021 04:35 PM (GMT+8) · EqualOcean
Cailian, September 9 (Reuters) - CITIC Securities released a research report saying that maintaining the "buy" rating of Tencent holdings is expected to put pressure on the short-term profit growth in view of the company's increased investment, possible changes in the income tax preference of game enterprises, the regulation of APP open screen advertising and the data security law, However, there is still room for continuous upward growth in the medium and long term, maintaining the target price of HK $613.
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