By the close of trading on April 24, Tencent Holdings' stock price had risen by more than 10% this month, outperforming the “Big Seven” in US stocks. It also highlighted the growing interest of global investors in underrated Chinese super-capitalization stocks. Tencent's recent round of gains began with good news of the early launch of a popular game; China's game industry is also seeking to break out of a long period of sluggishness. On the other hand, US tech giants are trying to fulfill their vision of artificial intelligence development and lowered expectations for profit growth, leading to a decline in stock prices.

Zhitongcaijing · 04/25/2024 02:25
By the close of trading on April 24, Tencent Holdings' stock price had risen by more than 10% this month, outperforming the “Big Seven” in US stocks. It also highlighted the growing interest of global investors in underrated Chinese super-capitalization stocks. Tencent's recent round of gains began with good news of the early launch of a popular game; China's game industry is also seeking to break out of a long period of sluggishness. On the other hand, US tech giants are trying to fulfill their vision of artificial intelligence development and lowered expectations for profit growth, leading to a decline in stock prices.
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