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| HSI1 | 27,387.11 | -580.98 | 301.61B |
| HSCEI1 | 9,317.09 | -235.49 | 108.78B |
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2026-01-30 11:11:37 Over the past 18 months ended September 2025, the share price of TENCENT (00700.HK) surged by more than 150%, mainly due to reduced regulatory risks and geopolitical concerns, along with the Company's stronger execution, BNP Paribas published a research report saying. However, the stock price subsequently fell by about 12% due to investor concerns over AI, China's macroeconomic conditions and earnings momentum. BNP Paribas still believed that TENCENT is well-positioned to become a major winner in the development of generative AI, and considered its valuation attractive. Therefore, the broker reiterated rating at Outperform, and lifted its target price to $825. ~ AASTOCKS Financial News Website: www.aastocks.com | |