[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)
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)