$TENCENT(00700)$ I will not lo

I will not look into the china market at this moment and I will look into somewhere that doesn't involve the power of one.

Tencent Margin ~57%, Revenue Misses: How to Understand Earnings?

Tencent’s Q1 revenue came in at ¥196.5 billion (+9% YoY), slightly below expectations, but adjusted net profit rose 11%, and gross margin improved from 56% to 57%. The rising depreciation costs from AI hardware were fully offset by the high-margin business mix. Profit growth outpacing revenue growth indicates operating leverage is kicking in, directly contradicting market concerns that AI would hurt tech profitability. Revenue miss vs. margin expansion — which narrative will dominate the stock’s next move?

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