2024-06-12 09:24:32 ET
Summary
- Tencent Holdings maintains a leading position in the Chinese gaming, social networks, and tech sectors, with the majority of revenue now generated by non-VAS segments.
- Domestic gaming offers upside potential if regulatory pressures are eased to meet submerged demand.
- Strong balance sheet, cash flows, buybacks, and diversifying businesses show good prospects, but geopolitical jitters pose downside risks.
...
Read the full article on Seeking Alpha
For further details see:
Tencent: Diversification Mitigates Headwinds, But Geopolitical Risks Remain