Overconfidence.

Insufficient policy judgment, bottom fishing. $TENCENT (00700.HK)$ ， $BABA-W (09988.HK)$& $MEITUAN-W (03690.HK)$Although there is still confidence in the future of these companies, the underlying investment logic and profit-making models may have undergone significant changes. Now they are undervalued, but they may become even cheaper in the future 💸.

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