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ICT Long setup in a Hong Kong stock : 941👋Hello Traders, Our 🖥️ AI system detected that there is an H1 or higher timeframe ICT Long setup in HK stock : 941 for Swing trade. Please refer to the details Stop loss, FVG(Buy Zone),open for take profit. For more ideas, you are welcome to visit our profile in tradingview. Have a good day! Please give this post a like if you like this kind of simple idea, your feedback will bring our signal to next better level, thanks for support!
HKEX:941Long
by ICT_Trader_SB
Tencent Holdings Ltd. (700-HK, BUY)1Q Miss and COVID Likely Delays Recovery, but Easing Regulations Should Support Investor Sentiment; Maintain BUY and Decreasing PT to HK$400 HKEX:700 We are maintaining our BUY rating but decreasing PT to HK$400 (was HK$475) after Tencent reported 1Q earnings miss and implied continued macro challenges for 2Q. Domestic game revenue declined 1% y/y. Int'l game revenue grew 8% CC y/y (vs. +24% in 4Q, excluding onetime accounting adjustments), accounting for 24% (flat y/y) of total game revenue. Advertising revenue took the biggest hit from COVID lockdowns and declined 18% y/y (vs. -13% in 4Q). FinTech+Cloud growth also decelerated to +10% y/y (vs. +25% in 4Q). On the last earnings call, mgmt. indicated a recovery could happen in 2H. But given the prolonged lockdowns in some cities including Shanghai and the weakness in recent macro data, we think the recovery will be further relayed to 4Q. In 1Q, the company repurchased 8,864,400 shares for approximately HKD3,697 million. Overall, while the operating environment will likely remain challenging in the near term, we believe that, with strong operating cash flow, Tencent is better positioned to take the opportunity to build around its long-term strategic areas such as int'l games, Video Accounts, and SaaS offerings. Moreover, while it will take time to see the benefits, the Chinese government is easing regulations for the digital economy, which should give investors more confidence in the sector
HKEX:700
by TigerBrokers