Citigroup Maintains 'Buy' Rating for Tencent Despite First Sales Drop

The transcript discusses the current market conditions, highlighting that while the situation is not as dire as it seems, there is potential for improvement. The focus is on cost-cutting efforts and the positive impact on profits. The discussion then shifts to evaluating price targets and future growth prospects, particularly in the context of challenging market conditions for companies like Tencent. Investment strategies are explored, including portfolio management and potential divestments. Finally, the transcript examines international investment opportunities, considering the impact of government regulations and the attractiveness of overseas markets.

What are the expectations for the profit basis in the current quarter?

How does the current price target compare to the previous pricing?

What proactive approaches are being taken to accelerate revenue growth?

What factors might influence the company's investment decisions in the future?

In what ways might the company expand its investments internationally?