Tencent's 3Q23 report presents a neutral stance on earnings, with business recovery mirroring the broader economic climate. The gaming sector shows weakness due to a lack of hit releases, challenging Tencent's ability to attract new users and diminishing the effectiveness of its distribution platform. Despite numerous game launches, none have achieved 'hit' status. Conversely, Tencent's video accounts have bolstered its advertising business, quickly becoming a lucrative new revenue stream and compensating for China's sluggish economic performance. Revenue projections for 3Q23 are estimated at RMB155,784M, a modest increase driven by a 29.6% rise in online advertising and a 14.1% uptick in Fintech and Business Services. The company anticipates continued growth into 4Q23.