Buy The Dip: Tencent's Value Thesis Not Changed By US Blacklist Concern
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Tencent shares are considered a buying opportunity despite U.S. blacklisting concerns. The company's fundamentals remain strong, with minimal reliance on U.S. capital or technology. Tencent's buyback of HK$1.5 billion during a price drop shows confidence, supported by strong financial performance.
January 09, 2025 | 1:45 pm
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POSITIVE IMPACT
Tencent's fundamentals remain strong despite U.S. blacklisting concerns. The company is minimally reliant on U.S. capital or technology, and its recent HK$1.5 billion buyback during a price drop demonstrates confidence. Strong financial performance with 7% revenue growth and 24% operating income increase.
Tencent's fundamentals are strong, with minimal reliance on U.S. capital or technology, reducing the impact of U.S. blacklisting. The company's aggressive buyback during a price drop indicates management's confidence in its value. Strong financial performance further supports a positive outlook.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100