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Tencent Holdings (SEHK:700) Valuation Check After Tech Selloff And Yuanbao AI Cash Promotions
Tax jitters and AI promotions put Tencent in focus
Interest in Tencent Holdings (SEHK:700) has picked up after a sharp selloff in Chinese tech stocks tied to possible higher value added taxes on internet firms, alongside Tencent's cash giveaways promoting its Yuanbao AI app.
See our latest analysis for Tencent Holdings.
The recent selloff in Chinese tech, combined with Tencent's Yuanbao promotions and fresh competition around AI giveaways, has contributed to a 30 day share price return of an...