City on Tencent’s 7% Plunge: Market Panic, AI Rotation, and 72% Upside
On July 22, 2026, shares of Chinese tech behemoth Tencent Holdings took a sudden and severe beating, plunging more than 7% during Asian trading hours. The sudden bloodbath left retail investors scrambling for answers, but according to a flash note released by Citi Research on the very same day, the