Ma Huateng reduced Tencent's three-day cash show of more than million shares suffered a continuous decline

       
According to information from the Hong Kong stock exchange, Ma Huateng, chairman of Tencent Holdings (0700.HK), reduced his holdings by July 12-7 shares from June 14, 10 million, accounting for 0.57% of the issued share capital. The price per share is between 6.2-6.231 Hong Kong dollars, about HK $62.1 million for cash withdrawal; Ma Huateng holds 13.11% of Tencent's shares. the message puts pressure on the stock price. Tencent Holdings fell 1.613% yesterday and closed at HK $6.1. The stock has fallen for three consecutive trading days.
In addition, Yicun Securities published a research report to maintain Tencent Holdings's "neutral" rating, with a reasonable valuation of HK $5.7.
Nakamura said that Tencent's real-time communication community has 0.149 billion active users, and its business is becoming more diversified.
The bank predicts that half of Tencent's revenue this year will come from Internet value-added services, helping reduce its reliance on mobile value-added services.
Ye Cun believes that Tencent's advantage lies in its leadership position in the real-time communication Community industry. The bank believes that Tencent's business will be diversified through internal research and development, and the current price is still attractive.
However, Yicun Securities lowered Tencent's earnings forecasts per share in 2006 by 5.85% to 0.332 yuan, while in 2007, its earnings forecasts per share were reduced by 8.7% to 0.405 yuan. The above adjustment was mainly due to the bank's expectation that Tencent's internal growth in mobile value-added services would slow down. Tencent earned 0.25 yuan per share last year, with a static price-earnings ratio of about 25 times.