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19.03.26 - 13:01
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Alibaba, Tencent Hike Cloud Prices as AI Boom Drives Up Hardware Costs (Caixin)
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Chinese cloud providers including Alibaba Group Holding Ltd. and Tencent Holdings Ltd. have raised prices for artificial intelligence (AI) computing and storage services as surging demand for AI collides with higher hardware costs, marking a shift for an industry that has been cutting prices to win market share.... Read more...
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19.03.26 - 06:00
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Hindsight: Brokers' Latest TPs & Views on TENCENT Post-Results (AAStocks)
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Following the release of its 4Q25 results, TENCENT (00700.HK) opened 4.1% lower this morning and once sank by 6.4% to HKD515 intraday. It last traded at HKD517.5, down nearly 6%, with a turnover of HKD18.7 billion.Broker│Investment Rating│Target Price (HKD)BNP Paribas│Outperform│825Jefferies│Buy^......
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19.03.26 - 05:15
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Midday Takeaway: HSI Down 432 pts; HSTI Down 80 pts; TENCENT Down over 5%; XIAOMI Up over 4%; BABA Down over 3%; QINGSONG HEALTH, WELLCELL HOLD, CITIC TELECOM Hit New Highs (AAStocks)
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At midday close, HSI dropped 432 pts or 1.7% to 25,592. HSTI dropped 80 pts or 1.6% to 5,027. HSCEI fell 115 pts or 1.3% to 8,720.Active Heavyweights:TENCENT (00700.HK) closed at $518, down 5.9%XIAOMI (01810.HK) closed at $36.64, up 4.3%BABA (09988.HK) closed at $133, down 3.4%MEITUAN (03690.HK) closed at $80.85, up 0.7%HSI & HS......
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