---
title: "First Shanghai Securities Reaffirms Their Buy Rating on Tencent Holdings  (TCTZF)"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/280897612.md"
description: "First Shanghai Securities has reaffirmed a Buy rating on Tencent Holdings (TCTZF) with a price target of HK$780.00. This follows a similar Buy rating from CGS International’s Lei Yang CFA on March 23. In contrast, Mizuho Securities maintained a Hold rating on Tencent Holdings on March 19."
datetime: "2026-03-29T05:45:10.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/280897612.md)
  - [en](https://longbridge.com/en/news/280897612.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/280897612.md)
---

# First Shanghai Securities Reaffirms Their Buy Rating on Tencent Holdings  (TCTZF)

First Shanghai Securities analyst maintained a Buy rating on Tencent Holdings yesterday and set a price target of HK$780.00.

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In addition to First Shanghai Securities, Tencent Holdings also received a Buy from CGS International’s Lei Yang CFA in a report issued on March 23. However, on March 19, Mizuho Securities maintained a Hold rating on Tencent Holdings (Other OTC: TCTZF).

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