August 13, 2025 07:41 PM GMT Tencent Holdings Ltd. | Asia Pacific Solid Core + AI with High ROI; Reiterate Top Pick | What's Changed | | | | --- | --- | --- | | Tencent Holdings Ltd. (0700.HK) | From | To | | Price Target | HK$650.00 | HK$700.00 | We expect successful deployment of AI across all its business lines to continue to drive solid revenue growth. We are now less concerned abut margin pressure from AI investments, with better top line and a favorable mix shift. Raise price target to HK $700. High-q ...