Equity reports

Get To Know Your Offshore Companies: TENCENT HOLDINGS LTD (HK: 0700)

Tencent Holdings Limited recently released its third-quarter results for the period ended 30 September 2019. The group reported revenue of RMB 97.23bn, up by 21% compared to the prior period (3Q18: RMB 80.59bn). The fastest-growing segment was the Fintech & Business segment. Tencent’s online advertising business reflected the slowest growth rate relative to VAS and Fintech […]

Equity reports

Get to know your offshore companies: ALPHABET INC. (NASDAQ: GOOGL)

Alphabet Inc recently released its third-quarter results for the period ending 30 September 2019. The company beat expectations on revenue, delivering top-line growth of 20% to $4.5bn, driven by mobile search, YouTube and cloud. The group’s net income  decreased to $7.08bn (3Q18: $9.1bn) which translated into diluted earnings per share of $10.12, a decline of […]