Jun 28, 2022 01:54 PM (GMT+8) · EqualOcean
According to the research report released by Damo, Tencent was rated as "overweight", with a target price of HK $450. The Bank predicted that prosus' reduction was to narrow the net asset value allowance per share, not worried about the company's business operation, but also expressed confidence in the long-term prospects in the statement. The bank said that although the daily reduction is relatively small, the short-term negative impact will linger due to the selling pressure.