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53363 SG#HSI RP28045 (R BEAR)
RT Nominal up0.305 +0.010 (+3.390%)

03/11/2025 16:09

{I-bank focus}Nomura raises Tencent (00700) to HKD757

[ET Net News Agency, 3 November 2025] Nomura raised the target price for Tencent (00700)
to HKD757 from HKD721 and maintained the "buy" rating.
The research house said it raises the target price mainly to factor in a higher
valuation for the online gaming business given the strong performance and outlook. (rc)

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