May 14, 2024

<Research>G Sachs: Investors Concern about TENCENT's Game Biz Re-acceleration, BABA E-Commerce, Cloud Biz Growth, Shareholder Return Guidance

The share prices in Chinese Internet sector surged by a total of 15% YTD, Goldman Sachs released a research report saying. With TENCENT (00700.HK)  +3.600 (+0.952%)    Short selling $725.35M; Ratio 8.790%   and BABA-SW (09988.HK)  +1.500 (+1.848%)    Short selling $634.39M; Ratio 9.795%   set to release results tomorrow, Goldman Sachs focused on a number of key figures from the results of the two companies mentioned above.

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