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Tysan Holdings Ltd

Tysan Holdings Limited, through its subsidiaries, provides foundation piling services, electrical and mechanical engineering, and building construction.

Industry: Engineering&Construction

Ticker Exchange ISIN Name
$687 HKEx Main Board BMG9154N1074 Code: 687

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Stephen Dixon 15:41 20/10/2020

$700 HSBC Global Research in its report restated #Buy on TENCENT at the target price $687, added from $655

While the tech giant will report its 3Q20 results on 12 November, the broker expected the top-line growth of 28%, non-GAAP OP growth of 39% and non-GAAP EPS of RMB3.548.

The broker opined that the rising focus on Tenpay’s valuation may drive TENCENT's fintech value to nearly US$200 billion, roughly 23% of its SOTP.