{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. 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Bright Smart Surges 32%; NIO up 5%; Meituan up 3%; Li Auto, JD.com up 2%","url":"https://stock-news.laohu8.com/highlight/detail?id=1128816971","media":"Market Watcher","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1128816971?lang=en_us&edition=fundamental","pubTime":"2025-04-29 16:28","pubTimestamp":1745915319,"startTime":"0","endTime":"0","summary":"On April 29, 2025, the Hong Kong stock market opened higher. The Hang Seng Index rose by 0.46%, the Hang Seng China Enterprises Index increased by 0.42%, the Hang Seng Tech Index climbed by 0.67%, while the Hang Seng China-Affiliated Corporations Index slightly declined by 0.09%.In terms of industry concepts, the pharmaceutical outsourcing sector showed notable gains, with $WUXI APPTEC$ rising 5.15% and $WUXI BIO$ up 1.97%. 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DBS's channel check suggests that Tencent has more H20 inventory than Alibaba. The impact of the latest H20 restrictions is also limited as domestic substitutes for the H20 chip are rising, they say. Tencent's cloud business could show upside surprise on revenue growth this year after the huge capital expenditure deployed in 4Q, they say. DBS prefers Tencent to Alibaba given its higher upside in cloud growth and better adoption of AI in its core business. Tencent's shares are last 1.2% lower at HK$472.40. 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The company may see some upside risks on strong gaming revenues, they add. Tencent will likely release at least eight new games in 2Q, which could mitigate a high base effect from Dungeon & Fighter Mobile last year, they say. While macro and advertisement budget sentiment could be affected by a tariff overhang, the ads revenue could be supported by the shopping festival on June 28 and improving AI advertisement targeting, they add. Investors will be watching for its integration progress of DeepSeek and Hunyuan to Tencent's various applications, among others. Citi maintains a buy rating for the stock but cuts its target price to HK$670 from HK$681 after an estimates revision. 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