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Citi Upgrades Tencent's Target Price to HK$695, Maintaining Buy Recommendation
2025-05-15 /
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Author：小编
Citi has elevated its target price for Tencent Holdings to HK$695 while maintaining a 'buy' rating. This adjustment comes amidst Tencent's robust first-quarter performance, which saw its total revenue surge by 13% to RMB180 billion, driven by strong contributions from both domestic and international gaming operations, as well as its online advertising segment.
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