🔒 Tencent strikes back with strong results – The Wall Street Journal
Chinese gaming giant Tencent, which has been a star investment for Naspers, has been under pressure recently – its share price has fallen on growth fears.
Tencent
🔒 Who is killing Tencent? Plummeting share price alarms investors
Government regulations are impacting on the business, says The Economist in response to a Chinese business news site article that asks: “Who is killing Tencent?”.
🔒 Tencent takes steps to woo parents with child health moves
Chinese online game giant and core Naspers holding Tencent is looking to offer parents a helping hand by limiting gaming time for children under 12.
🔒 Here’s what the WSJ thinks of Naspers – The Wall Street Journal
Naspers attracted global attention earlier this year when it sold down a chunk of its Tencent stake, building itself a huge, $10 billion war chest.
🔒 Tencent stumbles, drags down Naspers – The Wall Street Journal
Naspers has been having a rough ride over the last few weeks and there’s one likely culprit to blame: Tencent, which has seen its share price slump lately.
Falling giant: Tencent breaks records for all the wrong reasons
The $220bn rout in shares of Tencent Holdings has entered uncharted territory, something that should spark concern for Naspers’ shareholders.
🔒 WEBINAR: Trade war hits our Chinese stocks, but others shine on
During the past month, the release of the first live rounds in the US/China trade war weighed on the portfolio’s two Chinese stocks, while growing Capital Hill pressure on big tech together plus the summonsing of Google’s CEO to Washington hurt Alphabet.
Naspers’ Tencent has transformed into a very poor investment
For the most disappointing stock trade in the world this year, step forward Tencent Holdings Ltd.
My China go-to guy: Tencent (hence Naspers) problems “transient”
Dawid Krige calculates Tencent stock on a forward profit multiple of 20 times – good value for a business growing at 40% a year. So no need to panic. Yet.
Here’s why it’s NOT game over for Tencent. MUST READ!
In this fascinating analysis of the global gaming industry, First Avenue Investment Management analysts explain why they don’t believe it is game over for Tencent.