Professional
Added to YB: 2024-05-09
Pitch date: 2024-05-07
0700.HK [bullish]
Tencent Holdings Limited
+71.05%
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 360.12
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
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)