Tencent Holdings' fourth-quarter revenue was expected to grow by 1% year over year, fueled mainly by the recovery of international game business and strong growth of Video Accounts business, Morgan Stanley said in a research note.
Tencent should hail multiple revenue growth catalysts this year, with its major IPs receiving game licenses being one of the key highlights, it said.
Morgan Stanley expects Tencent's total revenue in the fourth quarter to decline by 2% on year . . .
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