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Daiwa's analyst rating for Tencent is a "Buy" with a target price of HKD750. The reasons for this positive outlook include: 1. Global Best Practices: Daiwa believes Tencent is effectively exporting best practices of "Games-as-a-Service" globally, which enhances the appeal of its games by blending Chinese and international influences. 2. Optimism in International Expansion: The broker is optimistic about Tencent's development and commercialization pace in expanding its gaming business internationally. 3. AI and Cloud Capabilities: Daiwa highlights Tencent's unparalleled AI and cloud capabilities, emphasizing the crucial role of AI throughout the entire game lifecycle. 4. Potential Risks: While the outlook is positive, Daiwa notes that a major potential downside risk is a miss in game sales. Overall, these factors contribute to Daiwa's confidence in Tencent's future performance in the gaming sector.

The analyst rating from Goldman Sachs is a "Buy" due to several key factors: 1. Expansion of Tencent Cloud: The company is strengthening its presence in key international markets, including ASEAN, Northeast Asia, Europe, the Middle East, and the Americas, which is expected to enhance its brand recognition. 2. Secured Large Project Orders: Tencent Cloud has secured multiple large project orders, indicating strong demand and potential for growth. 3. AI Applications: Tencent is positioned as a beneficiary of AI applications within China's leading Internet sector, which Goldman Sachs believes will drive long-term growth across its core businesses. 4. Unique Ecosystem and Assets: The combination of Tencent's WeChat ecosystem, global gaming assets, and diversified monetization capabilities is expected to support compound profit growth. These factors contribute to Goldman Sachs' confidence in Tencent's future performance, leading to the maintained Buy rating and a target price of HKD770.

The analyst rating from Daiwa for TENCENT is a "Buy" due to several key reasons: 1. Prioritization of GPU Resources: TENCENT is focusing on utilizing GPU resources for internal model training and enhancing its core businesses, which is expected to yield more certain returns. 2. AI Adoption: The integration of AI is anticipated to amplify the value of WeChat's core interface, improving functionalities such as chat, search, video accounts, content summarization, interaction, and mini-programming. 3. Gaming Business Development: The adoption of AI is expected to boost TENCENT's gaming business by reducing costs and refining game content innovation. The company plans to update existing games and launch new evergreen games, which contributes to confidence in its growth prospects. 4. Top Pick in the Sector: Daiwa emphasizes that TENCENT is its top pick in the Chinese internet sector, reinforcing their positive outlook on the company's future performance. Overall, these factors lead Daiwa to maintain a positive rating with a target price of HKD750.

The article provides analyst ratings for various stocks, including Alibaba Group Holding (BABA.US), which has a "Buy" rating with a target price of US$225. The reasons for the ratings are not explicitly detailed in the provided text. However, the context suggests that the analysts are optimistic about the future performance of these companies, as indicated by the "Buy" ratings for several stocks, including Baidu, NetEase, JD.com, and others. For Meituan-W (03690.HK), which has a "Neutral" rating, the article mentions that Daiwa expects the Keeta loss to widen next year, which may have influenced the more cautious stance. Overall, the ratings seem to reflect analysts' expectations of growth or recovery in the respective companies, while the neutral or lower ratings may indicate concerns about specific challenges or losses.