Share to WeChat
Open WeChat, click “Discover” at the bottom, |
China Business News 2022-11-17 14:47:22
Editor in charge: Zhu Mengyun
Tencent released its third quarterly report on the 16th, showing that the growth rate of net profit in the third quarter turned positive. In contrast to the strong reaction of the US stock market overnight, in the Hong Kong stock market today, Tencent Holdings fell more than 3% in early trading. Why is there such a difference? In this regard, Pan Tieshan, vice chairman of the Hong Kong Stock Analysts Association, interpreted that Tencent’s stock price has a large cumulative increase in the short term, and a technical correction is needed.
Pan Tieshan: Tencent’s performance is better than expected
Tencent released its third quarterly report on the 16th, showing that the growth rate of net profit in the third quarter turned positive. In contrast to the strong reaction of the US stock market overnight, in the Hong Kong stock market today, Tencent Holdings fell more than 3% in early trading. Why is there such a difference? In this regard, Pan Tieshan, vice chairman of the Hong Kong Stock Analysts Association, interpreted that Tencent’s stock price has a large cumulative increase in the short term, and a technical correction is needed.
