The Zhitong Finance App learned that Guohai Securities released a research report saying that Tencent Holdings (00700.HK)'s 2026-2028 revenue is estimated to be 8233/9015/982.2 billion yuan, net profit from non-IFRS caliber is 2663/2743/288.1 billion yuan, corresponding non-IFRS EPS is 29/30/32 yuan, and the corresponding non-IFRS PE is 13.0/12.6/12.0x. According to the SOTP valuation method, the total target market value for all businesses of Tencent Holdings in 2026 will be given RMB 5.0 trillion/HK$5.7 trillion, corresponding to the target price of HK$627, maintaining the “buy” rating.

The Zhitong Finance App learned that Guohai Securities released a research report saying that Tencent Holdings (00700.HK)'s 2026-2028 revenue is estimated to be 8233/9015/982.2 billion yuan, net profit from non-IFRS caliber is 2663/2743/288.1 billion yuan, corresponding non-IFRS EPS is 29/30/32 yuan, and the corresponding non-IFRS PE is 13.0/12.6/12.0x. According to the SOTP valuation method, the total target market value for all businesses of Tencent Holdings in 2026 will be given RMB 5.0 trillion/HK$5.7 trillion, corresponding to the target price of HK$627, maintaining the “buy” rating.