China Merchants Securities International: Tencent Holdings (00700.HK) launches BuddyOne membership to consolidate ecosystem advantages; watch for catalysts from flagship model updates at the Global Digital Ecosystem Summit

Zhitong Finance APP has learned that China Merchants Securities International issued a research report stating that Tencent Holdings (00700.HK) has launched BuddyOne cross-app membership to consolidate its ecosystem advantages; the firm maintains Tencent Holdings as its top pick in China's AI internet sector, maintains the "Overweight" rating and target price of HK$620, and recommends paying attention to catalysts from flagship model and product updates at the Global Digital Ecosystem Summit over the next two days (October 29-30).