Citi published a research report stating that the upcoming 2026 Global Digital Ecosystem Conference may bring potential catalysts to Tencent Holdings. The bank believes that Tencent may announce the official version of Hy 4.0, share WorkBuddy's operating milestones, and provide Tencent Cloud infrastructure upgrades and global cloud expansion strategy updates. The bank said that although China's Internet sector is still weak, it believes that recent weak stock prices will provide better buying opportunities for long-term investors. The bank maintained Tencent's “buy” rating, maintained a constructive attitude towards the positioning of artificial intelligence agents, and reiterated the target price of HK$755.

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