---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/42846527.md"
description: "$TENCENT(00700.HK)Wasn't it an open secret that public funds reduced their Tencent positions in Q2?In Q2, the Korean stock market's semiconductors and STAR Market led the rally, while software and Hang Seng Tech stocks led the decline. By early July, the trend had already reversed. Yet, somehow, people are still selling off again based on Q2 position adjustments as if carving a mark on a moving boat. That's truly impressive."
datetime: "2026-07-22T06:06:45.000Z"
locales:
  - [en](https://longbridge.com/en/topics/42846527.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/42846527.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/42846527.md)
author: "[纳斯达克小作手进行录](https://longbridge.com/en/profiles/16370765.md)"
generator: "portal-rs"
---

# $TENCENT(00700.HK)Wasn't it an open secret that pu…


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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**