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Goldman Sachs, in its latest research report, said TENCENT (00700.HK)  +0.300 (+0.232%)    Short selling $800.00M; Ratio 11.818%   3Q results have missed expectation, as the revenue rose 28% to RMB19.8 billion, 3-4% lower than market consensus and the research house estimate. Meanwhile, the non-GAAP earnings per share were US$0.69, in line with expectations.
The research reduced 2014-16 EPS forecast by 1-3% to reflect the low mobile game revenue. The target price was cut by 3% to $146, with Buy rating. 

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