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　　中金发布研报称，SPARK

　　2025腾讯游戏发布会于2025年4月22日举办，本次发布会共发布46款产品的最新动态，包含多款新游的测试信息。该行维持腾讯控股（00700）2025/2026年年收入及盈利预测不变。维持“跑赢行业”评级及目标价600港元，对应20.6x/17.9x

　　2025e/2026e non-IFRS P/E，当前股价交易于15.8x/13.7x 2025e/2026e non-IFRS P/E。

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