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Russian Deputy Foreign Minister Ryabkov: Russia remains positive about a potential "diesel deal" between Russia and the United States.
2026-10-20
Russian Deputy Foreign Minister Ryabkov: Russia remains positive about a potential "diesel deal" between Russia and the United States.
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2026-10-19
The London Metal Exchange has approved Owensboro, USA, as a qualified delivery location for copper.
The London Metal Exchange has approved Owensboro, USA, as a qualified delivery location for copper.
2026-10-20
Haitong International cut its target price for Tencent Holdings (00700.HK) 2% to HK$470 and kept an Outperform rating. It forecasts Q3 revenue of RMB210.2bn, up 9% YoY, and adjusted operating profit of RMB68.8bn, down 5% YoY, attributing the decline
Haitong International cut its target price for Tencent Holdings (00700.HK) 2% to HK$470 and kept an Outperform rating. It forecasts Q3 revenue of RMB210.2bn, up 9% YoY, and adjusted operating profit of RMB68.8bn, down 5% YoY, attributing the decline to AI-related depreciation and product investment recorded in cost of revenue and opex. Haitong projects 2026 revenue of RMB823.3bn (+10% YoY) and adjusted net profit of RMB265.5bn (+2% YoY). The broker said AI remains Tencent’s strategic investment priority; near-term depreciation will weigh on results but management is expected to deploy capital with discipline rather than automatically accelerating quarterly spend. The PT cut reflects reduced EPS forecasts.
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