Duan Yongping said he still holds Tencent Holdings, but Tencent carries more uncertainty than Moutai.

Since the end of October, the Hang Seng Tech Index has rebounded, with Tencent Holdings posting a rare five consecutive daily gains. A netizen asked renowned investor Duan Yongping whether he still holds Tencent shares, to which he replied: "I’m holding them." Duan also noted that it’s important to avoid leverage and borrowing money for stock trading, and that buying quality companies is equally critical. Additionally, on November 2, when asked which is more attractive between Tencent and Kweichow Moutai, Duan said: "Both are attractive. Moutai has a more stable business, while Tencent’s business offers greater growth potential but also higher uncertainty." It’s worth mentioning that Duan previously called Tencent an excellent company, advising "to be reluctant to sell." However, he also disclosed that his Tencent shareholding does not amount to 1% of the company’s total share capital.