Professional
Added to YB: 2024-05-09
Pitch date: 2024-05-07
0700.HK [bullish]
Tencent Holdings Limited
+26.98%
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 3.5T
Pitch Price
HKD 355.97
Price Target
N/A
Dividend
1.17%
EV/EBITDA
N/A
P/E
15.47
EV/Sales
4.63
Sector
Interactive Media and Services
Category
growth
SaltLight Worldwide Flexible Fund New Portfolio Holding: Tencent Holdings Limited
0700.HK: Tencent leveraging AI to boost ad revenue on short-form video, countering TikTok threat. Despite low sentiment on China, trades at historic discount. Improving margins via ads + AI enhancement, while returning capital via 42% dividend boost & 2x buybacks.
Read full article (2 min)