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Feb 13, 2026
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AVOID
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Tencent is down 22% off highs and its 14-day RSI is at 26 (oversold). Investors perceive Tencent as "missing" from the AI conversation compared to peers like Zhipu or Alibaba. Tencent is engaging in subsidy wars (red packets) to gain users, which investors fear will compress margins without the upside of a clear AI strategy. AVOID. Capital is rotating out of legacy consumer internet stocks into hardware and new AI pure-plays. The stock is technically oversold (RSI 26), which could trigger a mean-reversion bounce. |
Bloomberg Markets
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