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Tencent’s Hong Kong Stock Price Dips Below HK$400, Approaching One-Year Low
15 hour ago /
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Author：小编
On the afternoon of October 21, Tencent Holdings experienced a notable decline of over 3%, with its stock price falling below the HK$400 mark and nearing a one-year low of HK$396. As of the time of reporting, the stock price stood at HK$396.8, a decrease of HK$13.6, equating to a 3.31% drop. According to a research report by Haitong International, Tencent's revenue for the third quarter is projected to grow by 9% year-on-year. However, the adjusted operating profit is anticipated to decline by 5% year-on-year, primarily due to the impacts of depreciation and investments related to AI.
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