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MarketScreener Homepage  >  Equities  >  Stock Exchange of Hong Kong  >  Tencent Holdings Ltd    0700   KYG875721634

TENCENT HOLDINGS LTD

(0700)
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End-of-day quote. End-of-day quote Stock Exchange of Hong Kong - 08/16
326.4 HKD   -1.21%
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Tencent, BMW to Launch Computing Platform for Self-Driving Cars

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07/19/2019 | 03:26am EDT

By Yifan Wang

Tencent Holdings and Bayerische Motoren Werke AG (BMW.XE) are collaborating on a computing platform to develop self-driving cars in China, the Chinese tech giant announced Friday.

Under the partnership, Tencent will provide a computing platform and development tools. The platform will "support BMW's autonomous-vehicle development and technological innovation in China," said Jochen Goller, head of BMW's China operations, adding that Tencent can help BMW better meet the Chinese market's needs.

The companies did not disclose any financial details of the project.

Write to Yifan Wang at yifan.wang@wsj.com

Stocks mentioned in the article
ChangeLast1st jan.
BAYERISCHE MOTOREN WERKE AG (PREFERENCE) 0.79% 48.32 Delayed Quote.-22.19%
BMW AG 1.26% 59.56 Delayed Quote.-15.76%
TENCENT HOLDINGS LTD End-of-day quote.
TENCENT HOLDINGS LTD -1.21% 326.4 End-of-day quote.3.68%
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Financials (CNY)
Sales 2019 380 B
EBIT 2019 120 B
Net income 2019 97 925 M
Finance 2019 49 046 M
Yield 2019 0,35%
P/E ratio 2019 28,9x
P/E ratio 2020 25,9x
EV / Sales2019 7,19x
EV / Sales2020 5,50x
Capitalization 2 781 B
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Technical analysis trends TENCENT HOLDINGS LTD
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TrendsBearishNeutralBullish
Income Statement Evolution
Consensus
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Mean consensus BUY
Number of Analysts 45
Average target price 374,07  CNY
Last Close Price 293,02  CNY
Spread / Highest target 46,6%
Spread / Average Target 27,7%
Spread / Lowest Target 4,47%
EPS Revisions
Managers
NameTitle
Hua Teng Ma Chairman & Chief Executive Officer
Chi Ping Lau President & Executive Director
Yu Xin Ren COO & President-Interactive Entertainment Group
Shek Hon Lo Chief Financial Officer & Senior Vice President
Chen Ye Xu Chief Information Officer
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