Nomura: Expects Tencent Holdings (00700.HK) "Unbreakable Contract" mobile game to generate annual revenue of 5 to 6 billion yuan, with a "Buy" rating.

date
05/08/2025
According to the Zhitong Finance APP, Morgan Stanley released a research report stating that the mobile game "Valorant" is one of Tencent Holdings' (00700.HK) most important new releases this year, and the market has been eagerly anticipating it. The bank expects Tencent's online game revenue to increase by 14% year-on-year in 2025, and has set a target price of HK$650 with a "buy" rating.