TENCENT(HK:00700) Ge Long Hui·2025-05-30 10:11Group 1 - Tencent Holdings (00700) stock price has been fluctuating, currently at 497.2 HKD, down 2.64%, indicating a tug-of-war between bulls and bears [1] - The current price is hovering above the support level of 485 HKD, with potential downside to 479 HKD if it breaks below, while the key resistance level is at 517 HKD, with a possible challenge to 526 HKD if broken [1] - Technical indicators show a sell signal from MACD and Bollinger Bands, but RSI at 52 indicates a neutral market without a clear direction [1] Group 2 - The 10-day moving average (512.45 HKD) has crossed below the 30-day moving average (494.56 HKD), forming a death cross, although the price deviation from the 60-day moving average (496.79 HKD) has narrowed to 0.6%, suggesting a potential end to the adjustment [3] - On May 26, when Tencent's stock fell by 0.78%, Morgan Stanley and UBS bear certificates recorded gains of 9% and 10% respectively, showcasing the profit potential of bearish instruments in a declining market [3] Group 3 - For bullish strategies, Morgan Stanley call warrants (28574) and Morgan Stanley call warrants (13263) offer approximately 10x leverage with exercise prices around 563 HKD, suitable for investors expecting a rebound [5] - In the bear market tools, Citibank put warrants (15235) provide 11.6x leverage with the lowest premium, while Morgan Stanley and Societe Generale bear certificates offer impressive leverage of 18-19x, with redemption prices set at 529 HKD and 528 HKD respectively, appealing to high-risk tolerance investors [9]