# Daiwa analyst maintained a Buy rating on Tencent Holdings on May 21 and set a price target of HK$700.00.

*business · news · 2026-05-23 · Markets Insider*

## Key points

- Daiwa analyst reaffirmed a Buy rating for Tencent Holdings with a HK$700.00 price target.
- Tencent Holdings' analyst consensus price target is HK$700.59, suggesting a 59.59% upside.
- CGS International maintained its Buy rating on Tencent on May 15 with a HK$680.00 target.
- Tencent Holdings currently trades at HK$439.00, well below the consensus price targets.

**Companies:** Tencent Holdings

[Read the full story on Markets Insider](https://markets.businessinsider.com/news/stocks/daiwa-reaffirms-their-buy-rating-on-tencent-holdings-tctzf-1036190109)

---

Canonical: https://newsio.io/n/c15bf939-19a5-4661-b58e-effaa49543a8/daiwa-analyst-maintained-a-buy-rating-on-tencent-holdings-on-may-21-and-set-a-pr
Summarized by Newsio from Markets Insider. https://newsio.io/how-it-works