Torn apart by the US-China trade war, Tencent (TCEHY) shares have finally started to recover. Since the beginning of December, the company appreciated in value by more than 20%, and its stock is, currently, trading at its 52-week high. Better than expected performance in Q3, the successful launch of Nintendo Switch in China, and the upcoming signature of Phase I trade agreement between China and the United States are all positive developments that will help Tencent to keep momentum at the beginning of 2020. Going forward, I see two major catalysts for growth