- Tencent's stock price has dropped by -21% in the past three months and its shares are now at a new 52-week low, thanks to regulatory headwinds.
- Investors have to consider potential changes in the regulatory environment and their impact on Tencent's future profitability, in assessing the company's prospects for the next five years.
- I don't view Tencent stock as a good Buy, as I think the Chinese government's policies will have a major impact on the company's business operations in the medium term.
For further details see:
Where Will Tencent Stock Be In 5 Years? What To Consider