SE - Is Tencent A Good Stock To Buy Sell Or Hold?

• The plethora of headwinds facing Chinese Internet stocks are well known but since October 2008, TCEHY is up over 30 times even after the recent crash.
• With TCEHY’s outperformance over BABA stock, it's no wonder some questioned if Tencent stock is overvalued.
• To assuage shareholders’ concerns, Tencent elaborated at length on its strategies for maintaining its strong market position and capturing growth opportunities.
• China's 12 tech giants hiring more workers than they lost in the past nine months should be a reminder that investors should not take negative news (e.g. of massive layoffs) at face value.
• The push for Chinese alternatives by both Beijing and foreign governments to balance the dominance of American platforms provides Tencent offerings with a good shot at global monetization.

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