Duan Yongping Says He Still Holds Tencent, Which Has More Uncertainty Than Moutai

According to ChainCatcher, investor Duan Yongping said he still holds Tencent shares. Since late October, the Hang Seng Tech Index has rebounded, and Tencent has posted five consecutive daily gains. Duan said avoiding leverage and borrowed money, as well as buying good companies, is important. On November 2, Duan said both Tencent and Moutai were attractive. He described Moutai’s business as more stable, while Tencent has greater growth potential but also more uncertainty. Duan previously called Tencent a good company that investors should be reluctant to sell. He also said his Tencent holding is less than 1% of the company’s total shares.