Tencent Likely to Report Solid 2Q Results

Dow Jones

07/23

0807 GMT - Tencent will likely report solid 2Q results, supported by its games and advertising businesses, CGS International analysts say in a research note. CGS International expects Tencent's 2Q games revenue to rise 8% from a year earlier domestically and 15% internationally. The analysts say Tencent will likely increase its artificial-intelligence-related investment in 2H to upgrade its Hy large model and cloud infrastructure, as well as AI agent services. Meanwhile, Tencent could strengthen its capex plan in 2H as CGS International expects its full-year capex to reach 103 billion yuan. The brokerage maintains its add call on Tencent with a target price of HK$702.00. Shares are last 0.5% higher at HK$443.20. (sherry.qin@wsj.com)

(END) Dow Jones Newswires

July 23, 2026 04:07 ET (08:07 GMT)

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CGS International expects Tencent's 2Q games revenue to rise 8% from a year earlier domestically and 15% internationally. The analysts say Tencent will likely increase its artificial-intelligence-related investment in 2H to upgrade its Hy large model and cloud infrastructure, as well as AI agent services. Meanwhile, Tencent could strengthen its capex plan in 2H as CGS International expects its full-year capex to reach 103 billion yuan. The brokerage maintains its add call on Tencent with a target price of HK$702.00. Shares are last 0.5% higher at HK$443.20. (sherry.qin@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  July 23, 2026 04:07 ET (08:07 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tencent Likely to Report Solid 2Q Results</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTencent Likely to Report Solid 2Q Results\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-07-23 16:07</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0807 GMT - Tencent will likely report solid 2Q results, supported by its games and advertising businesses, CGS International analysts say in a research note. CGS International expects Tencent's 2Q games revenue to rise 8% from a year earlier domestically and 15% internationally. The analysts say Tencent will likely increase its artificial-intelligence-related investment in 2H to upgrade its Hy large model and cloud infrastructure, as well as AI agent services. Meanwhile, Tencent could strengthen its capex plan in 2H as CGS International expects its full-year capex to reach 103 billion yuan. The brokerage maintains its add call on Tencent with a target price of HK$702.00. Shares are last 0.5% higher at HK$443.20. (sherry.qin@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  July 23, 2026 04:07 ET (08:07 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU1439102457.SGD","symbol_name":"Fidelity Asia Pacific Multi Asset Growth & Income A-MINCOME(G)-SGD","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2653871714","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2653871714","pubTimestamp":1784794020,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0807 GMT - Tencent will likely report solid 2Q results, supported by its games and advertising businesses, CGS International analysts say in a research note. CGS International expects Tencent's 2Q games revenue to rise 8% from a year earlier domestically and 15% internationally. The analysts say Tencent will likely increase its artificial-intelligence-related investment in 2H to upgrade its Hy large model and cloud infrastructure, as well as AI agent services. Meanwhile, Tencent could strengthen its capex plan in 2H as CGS International expects its full-year capex to reach 103 billion yuan. The brokerage maintains its add call on Tencent with a target price of HK$702.00. Shares are last 0.5% higher at HK$443.20.  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Tencent will likely report solid 2Q results, supported by its games and advertising businesses, CGS International analysts say in a research note. CGS International expects Tencent's 2Q games revenue to rise 8% from a year earlier domestically and 15% internationally. The analysts say Tencent will likely increase its artificial-intelligence-related investment in 2H to upgrade its Hy large model and cloud infrastructure, as well as AI agent services. Meanwhile, Tencent could strengthen its capex plan in 2H as CGS International expects its full-year capex to reach 103 billion yuan. The brokerage maintains its add call on Tencent with a target price of HK$702.00. Shares are last 0.5% higher at HK$443.20. (sherry.qin@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  July 23, 2026 04:07 ET (08:07 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"}}}