Should I Buy Tencent Stock -

: Tencent has been aggressive with capital returns, repurchasing approximately HKD 80 billion in shares and proposing an increased dividend of HKD 5.30 per share for 2025.

: International gaming revenue surpassed $10 billion for the first time in 2025, driven by titles like PUBG MOBILE and Supercell's portfolio. Reasons for Caution (Bear Case)

Tencent: This Cheap Stock Is Still a Buy Even After 50% Rally

: AI is now a central growth engine, improving ad targeting precision and gaming experiences. Tencent plans to double its AI investment to roughly RMB 36 billion in 2026.

: The company maintains a strong net cash position of RMB 107.1 billion and generated free cash flow of RMB 182.6 billion in 2025.