Added to YB: 2025-08-19
Pitch date: 2025-08-16
0700.HK [neutral]
Tencent Holdings Limited
+3.7%
current return
Author Info
The Great Wall Street is an investor with years of experience living in Europe, the U.S., and now China. I bring an unbiased, clear-eyed perspective on Chinese stocks, policies, and market developments. Sign up for the newsletter.
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 594.00
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
Tencent: The Art of Boring Brilliance
0700.HK (earnings update): Tencent exemplifies rare predictability in China tech with outstanding management. Revenue stable, margins improving (Cloud 30s→50s). Smart AI investment boosts games (evergreen franchises), ads (20% YoY growth on low ad load), mini-shops (commerce ecosystem building). CapEx +149% YoY but controlled, focused on 2-year ROI horizon.
Read full article (6 min)