I've made up my mind. When my salary is credited at the end of this month, I will top up Tencent. If Tencent continues to decline, I will keep adding to my position every month as my salary comes in during the second half of the year.

During the Dragon Boat Festival holiday, I read quite a few news articles. Technology stocks still have various positive signals; optical modules, CPO, and semiconductors can't be stopped and are still being hotly promoted, with a high fever that won't subside.
These stocks with hundreds of times P/E ratios have never been within my circle of competence. No matter how much others make from them, I won't be envious because people can't earn outside their understanding.
On the contrary, Tencent is a company within my knowledge scope. Since October last year, it has fallen for nearly 8 months.
Now its P/E ratio is only 15 times, earning 200 billion yuan in profit annually, with dividends close to 50 billion yuan, and buybacks of 80 billion yuan.
Including the buyback amount, the equivalent dividend yield has already approached 3%, far higher than bank deposits.
Currently, A-shares technology stocks are booming, Hong Kong IPOs are drawing funds, and Tencent's AI is considered lagging, causing its stock price to keep falling and attracting no one’s attention anymore.
I follow Warren Buffett’s investment principle: buy when no one is paying attention. #我的Gate交易时刻
Good companies, good prices, enough safety margin, holding them allows for a good sleep.
In three to five years, when AI applications explode and those standing in the light, chasing technology, rush to buy Tencent, I will sell my high-priced Tencent to them.
Let this serve as a testament; everyone should keep paying attention.
Additionally, the above is just my personal opinion and not investment advice. #