---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/39342425.md"
description: "$Tencent(TCEHY.US)Tencent earns too much but spends too little on AI? Can't find a reason for such a big drop today."
datetime: "2026-03-18T14:10:41.000Z"
locales:
  - [en](https://longbridge.com/en/topics/39342425.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/39342425.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/39342425.md)
author: "[madwel](https://longbridge.com/en/profiles/19256027.md)"
---

# $Tencent(TCEHY.US)Tencent earns too much but spend…


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## Comments (14)

- **守正出奇333 · 2026-03-18T15:13:42.000Z**: Too hard...
- **等價交換 · 2026-03-18T14:43:01.000Z**: Mainly, increasing investment = spending money, and cutting back on share repurchases will affect the short-to-medium-term stock price
- **满仓冲锋队 · 2026-03-18T14:18:25.000Z**: The valuation is too high. You don't think Tencent's current valuation is reasonable, do you?
  - **同志仍需努力** (2026-03-18T14:39:42.000Z): Valuation expensive? Interesting
  - **新用户_Kx8b9f。** (2026-03-18T14:42:48.000Z): Talent
  - **史密斯周** (2026-03-18T14:47:35.000Z): Go check out Tencent's long-term PE ratio, and see how low it is now, haha