The Zhitong Finance App learned that Citibank released a research report saying that Tencent Holdings (00700.HK) became a strategic partner of the 33rd Asia-Pacific Economic Cooperation (APEC) Economic Leaders Conference held in Shenzhen from November 18 to 19, which is an important recognition and verification of its companies' artificial intelligence, cloud and digital ecosystem capabilities. The bank reaffirmed Tencent's “buy” rating. The target price is HK$755, and believes that the recent weak stock price provides a buying opportunity.

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