Professional
Added to YB: 2024-08-06
Pitch date: 2024-06-30
0700.HK [bullish]
Tencent Holdings Limited
+22.07%
current return
Author Info
No bio for this author
Company Info
Tencent Holdings Limited, an investment holding company, provides value-added services, marketing services, fintech, and business services in Mainland China and internationally.
Market Cap
HKD 3.6T
Pitch Price
HKD 359.63
Price Target
N/A
Dividend
1.15%
EV/EBITDA
11.68
P/E
N/A
EV/Sales
4.74
Sector
Interactive Media and Services
Category
growth
Artisan Global Opportunities Fund Added On Position: Tencent Holdings Limited
Tencent (0700.HK): Chinese internet giant w/ WeChat (1B+ MAU). Monetizes via games, subscriptions, cloud, payments & ads. Underperformed due to China reg risks. Initiated at low valuation. Building conviction: improved gaming pipeline, ad growth, shareholder returns. Added to position but monitoring size closely due to risks.
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