腾讯方面，该行看好其来自微信视频号的在线广告改善、游戏许可的审批，以及微信生态圈与各大互联网平台营运商的合作；对其目标价570港元。Dahua Jixian issued a report stating that looking forward to the future, the bank expects that with Trump's return to the White House, the tension between China and the US may escalate, and Trump's bias to raise tariffs may bring adverse factors. As a result, the bank favors domestic demand or shares benefiting from policies, and includes Meituan, Mengniu, Tencent, and Ctrip on the “buy” list.
On the Meituan side, the bank is optimistic that its takeout business will continue to expand its market share, increase penetration rate of fresh e-commerce business, and synergy effects with its core business and new measures; its target price is HK$222.
On Mengniu's side, the bank believes that supply and demand for raw milk will reach balance in mid-2025, and channel inventory conditions will improve; its target price is HK$23.5.
On the Tencent side, the bank is optimistic about its online advertising improvements from WeChat video accounts, game license approval, and cooperation between the WeChat ecosystem and major Internet platform operators; its target price is HK$570.
As for Ctrip, the bank is optimistic that as its online travel platform continues to penetrate the domestic offline and low-tier city travel markets, the implementation of travel bubbles, and the expansion of outbound flights; its target price for H shares is HK$640.
