- The share price of Tencent has appreciated ahead of the U.S. tech giants year-to-date and is trading at all-time-highs, inviting the question: is it overvalued?
- Tencent is still riding on several exciting themes and is operating in a fast-growing home market whose economy is projected to surpass that of the U.S.
- It also has made numerous savvy investments where many have provided substantial capital gains and enhanced its own services in a symbiotic relationship.
- Revisions in the final version from the draft published in November close a loophole that would have given the authorities too much leeway on regulatory scrutiny of the internet sector.
- Investors should value Tencent not just for its core businesses but also the rising value of its investments as well as its investing acumen identifying future acquisition prospects.
For further details see:
Buying Tencent Stock: Is Now The Time