First Shanghai Securities Maintains Buy Rating on Tencent

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Cailian will regularly compile ratings and target prices for Hong Kong stocks from various institutions.

Cailian Press News on November 6 (Editor Tong Gu) The following are the latest ratings and target prices from various institutions for Hong Kong stocks:

First Shanghai: Reiterates Buy rating for Tencent Holdings

First Shanghai issued a research report on Tencent Holdings (00700.HK) on November 6, stating that the company’s AI-native application ima has seen monthly active users grow more than 80 times since the beginning of the year, with over 200 million knowledge base files, accelerating AI implementation. Tencent Cloud serves over 10,000 financial clients, with significant achievements in cross-border payments and digital intelligence financial innovation, demonstrating its potential in ToB commercialization and international layout advantages.

China Merchants Securities (Hong Kong): Maintains Buy rating for Beike…

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