Naspers and Tencent: The bigger picture
Naspers, being heavily exposed to Chinese internet giant Tencent, has been benefiting from an aggressive rally in Chinese equities since the third quarter of 2014, according to an analyst.
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Naspers, being heavily exposed to Chinese internet giant Tencent, has been benefiting from an aggressive rally in Chinese equities since the third quarter of 2014, according to an analyst.
Investors speculating the dollar rally is fizzling out may be overlooking trillions of reasons why it will keep on going. Find out what these reasons are in this informative Bloomberg article.
The diverging fortunes of the world’s two biggest economies mean one thing for currency markets: a stronger dollar.
It’s always dangerous to make a “this time it’s different” call, but with the crude oil price there are some good reasons to consider it may now be true.
China is a nation in transition. It’s trying to move from low cost, low value-add exports and state-financed construction into a provider of high value industries and services and increased domestic consumption. Listen to a podcast with SIM Global’s fund manager, Neal Smith, on why he still sees potential and opportunity in China.
In Barry Wood’s interview with Berkshire’s chairman Warren Buffett, the Oracle of Omaha explains how he turned a newspaper route into a business.
Tencent’s discount to Facebook is getting harder to justify. The Chinese social media giant brought in roughly the same amount of revenue as its U.S. counterpart last year and was more profitable. Yet it trades at a lower multiple of earnings. The valuation gap warrants a rethink.
A comprehensive post covering the world markets for the first quarter.
A number of SA financial advisors are punting American biotech stocks after an amazing run that looks suspiciously like the dot com bubble of the late 1990s
There is another side to Google’s decision to pay its top accountant almost R1bn. It’s can have little to do with her ability to cast but probably says as much about its reliance on “tax efficient” structures