Tencent beat expectations in its first-quarter results. The stock has been flying high this year as the coronavirus pandemic led to more game playing. Photo: Reuters Tencent beat expectations in its first-quarter results. The stock has been flying high this year as the coronavirus pandemic led to more game playing. Photo: Reuters
Tencent beat expectations in its first-quarter results. The stock has been flying high this year as the coronavirus pandemic led to more game playing. Photo: Reuters

Tencent first-quarter results are a hit with two analysts, who predict the galloping stock can still run up 20 per cent in the coming year

  • Daiwa Capital Markets, Jefferies see Tencent soaring to HK$515 in 12 months
  • Tencent has gained nearly 15 per cent this year

Topic |   Tencent
Tencent beat expectations in its first-quarter results. The stock has been flying high this year as the coronavirus pandemic led to more game playing. Photo: Reuters Tencent beat expectations in its first-quarter results. The stock has been flying high this year as the coronavirus pandemic led to more game playing. Photo: Reuters
Tencent beat expectations in its first-quarter results. The stock has been flying high this year as the coronavirus pandemic led to more game playing. Photo: Reuters
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