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57451 JP#HSI RP2712M (R BEAR)
RT Nominal unchange 0.000 (0.000%)

27/02/2025 15:31

{I-bank focus}Citi raises Tencent (00700) to HKD648

[ET Net News Agency, 27 February 2025] Citi raised the target price for Tencent (00700)
to HKD648 from HKD563 and maintained the "buy" rating.
The research house said Tencent's swift response in fully embracing DeepSeek into Weixin
and business services likely strengthens overall ecosystem and enhances monetization
opportunities in enterprise solution, search, mini program and cloud. (rc)

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