Tencent Posted 'Solid' Results, Macquarie's Huang Says

Tencent Posted 'Solid' Results, Macquarie's Huang Says

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Business

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The transcript discusses the recovery in Tencent's game business, highlighting operating profit and game approvals. It notes growth in advertising and payment sectors, despite mixed numbers. Analyst sentiment is less optimistic, with a lowered target price due to regulatory concerns. Google's Stadia is seen as a long-term positive for Tencent, which is well-positioned in cloud gaming due to its capabilities and infrastructure.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the percentage increase in the company's operating profit compared to consensus expectations?

7%

2%

5%

3%

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the annual growth rate of the internet business advertising mentioned in the transcript?

28%

38%

48%

58%

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the general sentiment of analysts towards the company as discussed in the transcript?

Increasing optimism

Stable outlook

Less optimism

High enthusiasm

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the target price level mentioned for the company in the transcript?

Above $600

Around $550

Exactly $500

Below $500

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How is Tencent positioned in the cloud gaming trend according to the transcript?

Moderately positioned

Not involved

Best positioned

Poorly positioned