[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)
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)