Tencent: Marketing Services And FinTech Driving Growth; Initiate With 'Strong Buy'
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Tencent is rated as a 'Strong Buy' due to its undervaluation and growth potential in Marketing Services and FinTech. The company is expected to outgrow China's online game market despite government restrictions.
January 07, 2025 | 9:00 am
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Tencent is rated as a 'Strong Buy' with a fair value of USD $70 per share. The company is expected to outgrow China's online game market and sees significant growth in Marketing Services and FinTech.
The article highlights Tencent's undervaluation and growth potential, particularly in Marketing Services and FinTech, which are key drivers. The company's ability to outgrow the market despite restrictions further supports the 'Strong Buy' rating.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100