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Duan Yongping states he still holds Tencent Holdings, but Tencent has greater uncertainty compared to Moutai.

Nov 9, 10:10

November 9 - Since late October, the Hang Seng Tech Index has rebounded, with Tencent Holdings rarely achieving five consecutive positive sessions. A netizen asked renowned investor Duan Yongping whether he still holds Tencent shares, to which he responded: "Holding them." Duan Yongping also stated that not using leverage and not borrowing money to trade stocks is very important, and buying good companies is also important.

Additionally, on November 2, when asked whether Tencent or Moutai is more attractive, Duan Yongping said: "Both are attractive. Moutai's business is more stable, while Tencent's business has greater growth potential, but also greater uncertainty." It is worth mentioning that Duan Yongping previously stated that Tencent is a very good company and "should be cherished and not sold." However, he also revealed that his Tencent holdings do not reach 1% of the company's total share capital.