Citigroup said that the fall in Tencent's stock price on Wednesday created a better buying point, and the market was worried too much about the slowdown in game revenue in the second quarter. Citi analysts such as Alicia Yap wrote in the report that Sensor Tower data showed that the company's game revenue may have declined in the second quarter, but this does not reflect the full picture because Android users' consumption behavior may be different. Even if Tencent's announcement of game revenue for the second quarter was disappointing, thanks to increasing globalization and diversification of the game product portfolio, this fluctuation should not affect the basic strength of the company's game business. Citi expects Tencent's domestic game revenue to fall 3.9% month-on-month in the second quarter, but increase 8% year-on-year.

Citigroup said that the fall in Tencent's stock price on Wednesday created a better buying point, and the market was worried too much about the slowdown in game revenue in the second quarter. Citi analysts such as Alicia Yap wrote in the report that Sensor Tower data showed that the company's game revenue may have declined in the second quarter, but this does not reflect the full picture because Android users' consumption behavior may be different. Even if Tencent's announcement of game revenue for the second quarter was disappointing, thanks to increasing globalization and diversification of the game product portfolio, this fluctuation should not affect the basic strength of the company's game business. Citi expects Tencent's domestic game revenue to fall 3.9% month-on-month in the second quarter, but increase 8% year-on-year.