$TENCENT(00700)$
A few days ago, Tencent was put on the "1260H list" by the US Department of Defense. The direct impact is that it cannot accept orders from the US Department of Defense. The invisible impact is that it may be further sanctioned and restricted from purchasing key raw materials and technologies.
Affected by this, Tencent fell a lot, falling to the price in the first half of September 24.
But Tencent's moat lies in its domestic business. The stable social + game provides a steady stream of cash cows. The sanctions did not hurt Tencent's foundation.
This round of stock price decline is mainly due to investor panic, but it is possible to absorb chips at a low price.
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