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Added to YB: 2024-08-06

Pitch date: 2024-06-30

0700.HK [bullish]

Tencent Holdings Limited

+69.31%

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 5.1T

Pitch Price

HKD 363.82

Price Target

N/A

Dividend

0.73%

EV/EBITDA

17.71

P/E

23.99

EV/Sales

7.05

Sector

Interactive Media and Services

Category

growth

Show full summary:
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.

Read full article (1 min)