Deutsche Bank Analyst Leo Chiang stated in a research report that after being included in the USA Department of Defense's list of Military Industry companies, TENCENT's stock price may fluctuate in the near term; however, this should not affect TENCENT's Business Operations. TENCENT should be able to clarify any misunderstandings, as some companies have already been removed from the Pentagon's list. Despite recent stock price fluctuations, the company's strong buyback plan should support its stock price. Deutsche Bank maintains a Buy rating on TENCENT, with a Target Price of 540 Hong Kong dollars.
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德银:腾讯股价近期或有波动,但有回购计划作为支撑
Deutsche Bank: TENCENT's stock price may experience fluctuations in the near term, but there is a buyback plan as support.
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