Buy Tencent on a 10% `Dip,' RedTech Says

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March 15 (Bloomberg) -- Michael Clendenin, managing director at research company RedTech Advisors in Shanghai, talks about the outlook for Tencent Holdings Ltd. and Tudou Holdings Ltd. Tencent, China’s biggest Internet company by sales, may make fewer investments this year after costs from earlier acquisitions eroded earnings from online games and social networking. Clendenin speaks with Susan Li on Bloomberg Television's "First Up." (Source: Bloomberg)

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