Global China Science and Technology Network shares before the end of the whole line break the top

(00700) together with a number of Chinese science and technology network in the performance announcement before the record high, which continued to staged the local market bullfighting, BOCOM International Tencent that the business has the ideal performance, given 373 Yuan target price, the city to cattle.

Shares will be announced next Wednesday (16) the second quarter results, benefiting ace tour “King Glory” strong growth momentum, the market expected overall revenue rose 47% to 52.5 billion yuan, non-general accounting net profit by year An increase of more than 28% to 14.5 billion yuan.

From the beginning of the year, the global capital inflows network plate, which benefited from the Chinese science and technology network stocks to Alibaba (US: BABA), Baidu (US: BIDU) and other giants have hit a new high since the listing, there are analysts believe that the market Expected to put the results of the list can be expected to lead the stock price rise.

BOCOM to see Tencent 373 the most cattle

Tencent yesterday continued highs, closing at 328.6 yuan, up 2.5%, turnover reached 7.44 billion yuan, up from the beginning of the year up to 73%, if not account for blue-chip upstart Geely (00175), second only to the tyrannical special interest Shenhua (01088 ).

BOCOM reported that Tencent in the second quarter of the rapid growth in hand travel and advertising to pay the business line to pay for the promotion of consumer spending growth is expected to reach 56.5 billion yuan (RMB, the same below), up 58% Expected 52 billion yuan higher than 7%. Among them, the hand tour in the “king” under the strong performance, will be up 71% to 16.4 billion yuan, and for the first time beyond the computer game revenue. As for the advertising business, social advertising (ie, WeChat, QQ, application treasure and browser) and media advertising Tencent video is the main driving force for growth. Coupled with Tencent in large data, artificial intelligence, and even in the social, payment and game layout overseas markets, the bank optimistic about its ability to achieve liquidity and innovation capacity, so the target price from HK $ 292 to 373 Hong Kong dollars, rating “buy” The

Nomura earlier report that Tencent will be expected to surpass the market expected second-quarter results, as Ali, Jingdong, street (MOMO) and microblogging will have a stronger income and profitability. However, the bank believes that most companies will have the problem of falling profit margins, mainly by investment in new business and M & A traffic drag.