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Duan Yongping Says He Still Holds Tencent Holdings, but Uncertainty Is Greater Than Moutai

BlockBeats News, November 9, since the end of October, the Hang Seng Tech Index has rebounded, and Tencent Holdings has rarely posted five consecutive green days. A netizen asked renowned investor Duan Yongping whether he still holds Tencent, and he responded: "Still holding it." Duan Yongping also stated that it is very important not to use leverage or borrow money to trade stocks, and it is also important to buy good companies.

In addition, on November 2, when asked which is more attractive between Tencent and Moutai, Duan Yongping said: "Both are attractive. Moutai's business is more stable, Tencent's business has more room for growth, but the uncertainty is also greater." It is worth mentioning that Duan Yongping previously said that Tencent is a very good company and that one "should be reluctant to sell." However, he also revealed that his Tencent holdings have not reached 1% of the company's total share capital.

Original link https://m.theblockbeats.info/flash/376220