TCEHY - Tencent Holdings Limited

Other OTC - Other OTC Delayed Price. Currency in USD
40.86
-0.66 (-1.59%)
At close: 4:00PM EDT
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Trade prices are not sourced from all markets
Previous Close41.52
Open41.58
Bid0.00 x 0
Ask0.00 x 0
Day's Range40.85 - 41.63
52 Week Range31.54 - 54.84
Volume5,756,472
Avg. Volume3,648,023
Market Cap387.452B
Beta (3Y Monthly)1.12
PE Ratio (TTM)30.15
EPS (TTM)1.36
Earnings DateN/A
Forward Dividend & Yield0.13 (0.26%)
Ex-Dividend Date2019-05-16
1y Target Est55.90
  • Will NIO Miss Q1 Revenue Estimates Like Tesla, Tencent, and Baidu?
    Market Realistyesterday

    Will NIO Miss Q1 Revenue Estimates Like Tesla, Tencent, and Baidu?

    Wall Street Expects NIO to Outperform TSLA, TCEHY, BIDU, and BABANIO’s Q1 2019 earningsChinese electric car company NIO (NIO) is slated to release its first-quarter earnings on Tuesday. Wall Street analysts expect the company to report a wider

  • Could NIO Beat Its Q1 Estimates like TCEHY and BABA?
    Market Realistyesterday

    Could NIO Beat Its Q1 Estimates like TCEHY and BABA?

    NIO: What to Expect from Its Q1 Earnings(Continued from Prior Part)NIO’s Chinese peers reported earningsLast week, Alibaba (BABA), Tencent Holdings (TCEHY), and Baidu (BIDU) reported their results for the quarter ending in March. Tencent Holdings

  • SINA and Weibo: Falling Knives or Undervalued Stocks?
    Motley Foolyesterday

    SINA and Weibo: Falling Knives or Undervalued Stocks?

    The two Chinese companies are struggling with weak ad spending and a strong U.S. dollar.

  • China Trade War Is Music to a French Billionaire’s Ears
    Bloomberg2 days ago

    China Trade War Is Music to a French Billionaire’s Ears

    Private equity investors, tired of the glacial pace and the vendor’s punchy 25 billion-euro ($28 billion) valuation, have backed out of the process, leaving Vivendi to target strategic buyers. Tencent Holdings Ltd. is a name that repeatedly surfaces as a prospective partner. It’s hard to determine the extent of the Chinese technology giant’s interest.

  • Tencent Is Finally Bringing "League of Legends" to Smartphones
    Motley Fool2 days ago

    Tencent Is Finally Bringing "League of Legends" to Smartphones

    The world's top esports title is finally coming to mobile devices.

  • Tencent's latest education push is a nod to new collaborative structure
    TechCrunch2 days ago

    Tencent's latest education push is a nod to new collaborative structure

    When Tencent announced it had formed a new education brand this week, theinternet giant wasn't just flexing its muscles to conquer China's boomingonline education sector

  • Buy American for Safer Growth with Dividends
    InvestorPlace2 days ago

    Buy American for Safer Growth with Dividends

    The trade tirade is now a full trade war between the U.S. and China. And how do you know that it's a war? Well, there's a new "fight song" with lyrics like: "Trade war! Trade War! Not afraid of the outrageous challenge! Not afraid of the outrageous challenge! A trade war is happening over the Pacific Ocean!"Source: Shutterstock The song borrows its music from a 1960's-era theme in a Chinese film titled "Tunnel War" that depicts a fictional conflict with Japan. The song is being hyped up, and is making its way through the excellent WeChat app that's part of Tencent (OTCMKTS:TCEHY) which I've used for years for messaging with my friends in the mainland and beyond via my Blackberry (NYSE:BB).China was working with advisors who came from the traditional U.S. political sources in negotiating with the current U.S. administration. That has apparently come to an end. Beijing has finally come to the conclusion that the U.S. is being led by a different kind of leadership.InvestorPlace - Stock Market News, Stock Advice & Trading TipsFor now, it appears that the rhetoric on both sides is being ratcheted up and that tariffs are not set to go away.This is very bad news. Consider that Huawei, a privately held company that is one of the leading makers of smartphones and telecom equipment, has been in the crosshairs lately. The U.S. government has been unsuccessfully campaigning to force nations around the globe to ban telecom equipment for their networks. * 6 Stocks to Buy for This Decade's Massive Megatrend But this week came news that Alphabet's (NASDAQ:GOOG, NASDAQ:GOOGL) Google was instructed to cease doing business in providing support and some access to its open-source Android operating system to Huawei. And similar reports are coming from Intel (NASDAQ:INTC) as well as Qualcomm (NASDAQ:QCOM) and other U.S. tech companies. The Markets Were Not FansThe stock market didn't like this at all -- on top of the fears that had already sent the S&P 500 Index down 2.9% from its 2019 high, and the S&P Information Technology Index down 5.4% for the same period.This price action didn't sit well at 1600 Pennsylvania Avenue. So, we got a 90-day reprieve similar to last year's similar deal that allowed U.S. telecom companies to continue to do business with ZTE (OTCMKTS:ZTCOY). So, we're seeing some buying again in the general market and the tech market.Don't get too comfortable with this. I see more volatility on the horizon. The precedent of instructing U.S. companies to cut off vital customers and suppliers -- and getting cooperation from those companies -- is truly frightening for us as investors. This has me now evaluating how this may play out, as the stock market has plenty of exposure to the technology companies of the globe.My original call was that China was going to cut a deal as Beijing is fearful of a further economic slowdown which could lead to instability. Instability is the number one thing that it wants to avoid. But the second thing it wants to avoid is looking like it caved into the U.S. It doesn't want to show that weakness.Plus President Donald Trump faces his own if the markets slide and the U.S. economy slows as the 2020 election is fully underway.But you don't have to wade into all that. I am directing your attention to more of the purest of domestic income and growth plays that are completely separate from the trade war. U.S. Real EstateU.S. real estate investment trusts (REITs) are one of the safe havens to own through the trade war. They as a nearly pure Buy American strategy for growth and income. And the market sector continues to perform even during the recent trade tension sell-off.For the past year, REITs as tracked by the Bloomberg REIT Index have earned a return of 17.9% which is significantly higher than the return for the S&P 500 Index at 7.1%. In addition, during the big sell-off in stocks during the fourth quarter of last year, REITs did drop by 6.1%. However, that was way better than the drop in the S&P 500 Index of 13.5%.Bloomberg US REIT Index & S&P 500 Index Source BloombergNow, the same question has to be asked of REITs -- whether the market is still a value in light of its strong performance?Well, to start the REITs inside the S&P 500 Index reporting in the first calendar quarter have shown revenue gains averaging 4.4%, with earnings advancing by 6.9%. That's significantly better than for many of the other segments in the S&P 500 Index sector members reporting so far.But what about value? On a price-to-book basis REITs are sitting on average at 2.47 times which is well below highs seen early this year and highs over the past thee years. This is important as buying REITs just like for individual properties means not paying too much for the land and buildings.I have a large and diverse collection of REITs in the model portfolios of my Profitable Investing. And from a value standpoint the average price-to-book value for all of them is at a bargain level of only 1.87 times. This means that our REITs are even better buys right now than even the value-priced general REIT market.And as noted above, REITs reported higher revenue and earnings for the first quarter. But one of the specific metrics for profitability comes from the rate of return from funds from operations (FFO). This measure the profits that REITs make from just the core business of collecting rents from their tenants.There are several REITs with significantly higher FFO returns, but on average for my collection, the FFO return is running at 10.3%. That's quite positive and is supportive for higher dividend payments. REITs to RecognizeAs noted above, I have a collection of REITs in the portfolios of Profitable Investing -- all make for great buys. Here are three to recognize for their particular opportunities.I'll start of American Campus Communities (NYSE:ACC). This REIT has educational properties focused primarily on dorms for colleges and universities around the nation. This is an attractive market with a captive market for students looking for housing near their classes and activities. The space has been so good that one by one the leading public REITs there has been bought out by non-public investments and private equity.ACC is the one focused REIT still here. And it is performing with the trailing year return of a much better 25.3%. Revenues are up by 10.6% with a return from funds from operations (FFO) at a nice 9.5%.It is a value too at only 1.88 times its book of business, including its properties. And the dividend is an attractive 3.9% and has been climbing over the past five years by an average of 5.02%.Next is WP Carey (NYSE:WPC), which I've followed since it came to the public market back in the late 1990s. WP Carey is a large, diversified REIT with assets around the U.S. Its focus is doing sale-lease-back transactions, where owners and occupiers sell their properties to and then lease them back from WPC. It also focuses on triple-net leases, whereby tenants pay insurance, upkeep and taxes instead of WPC.The return over the past trailing year is a whopping 29.6%, and while revenues have slowed a bit recently to a gain of 4.4%, the FFO return is better at 10.6%. It is also a bargain at only 1.9 times its book value.And the dividend which keeps rising every quarter by policy is even more attractive at 5.4%.Last up is Medical Properties Trust (NYSE:MPW). This REIT is focused on health care properties from hospitals to other facilities. And like WP Carey -- MPW focuses on net leases which lowers costs and operating risks.The trailing year return is running at 44.6%. And yet the stock is only at 1.41 times its book value. Revenues are rising at 11.3% and the FFO return is running at 11.6%.Now I've presented some of my favorite stocks that are separate from the trade war risks. For more -- look at my Profitable Investing. Click here to learn more: https://profitableinvesting.investorplace.com/Neil George is the editor of Profitable Investing and does not have any holdings in the securities mentioned above. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 6 Stocks to Buy for This Decade's Massive Megatrend * The 7 Best Stocks to Buy From the IPO ETF * 7 Athletic Apparel Stocks With Marathon Pace Compare Brokers The post Buy American for Safer Growth with Dividends appeared first on InvestorPlace.

  • Tencent's Revenue Growth Slows Again, but the Picture Is Not Bleak
    Motley Fool2 days ago

    Tencent's Revenue Growth Slows Again, but the Picture Is Not Bleak

    This top China tech company is still on a positive trajectory.

  • Reuters3 days ago

    Exclusive: Tencent and Riot Games developing mobile version of League of Legends - sources

    BEIJING/SHANGHAI (Reuters) - China's Tencent Holdings Ltd is working with its U.S. unit Riot Games to develop a mobile version of "League of Legends", the world's most popular desktop-based game, three sources with knowledge of the matter told Reuters. Relations between Tencent and Riot have long been strained over how to best to capitalize on the game, in which players hack and slash their way through battle arenas. Riot rejected a Tencent proposal years ago to develop a mobile version, one of the sources said.

  • Emerging World's Three Biggest Stocks Are Now Down $170 Billion
    Bloomberg3 days ago

    Emerging World's Three Biggest Stocks Are Now Down $170 Billion

    Tencent Holdings Ltd., Alibaba Group Holding Ltd., and Taiwan Semiconductor Manufacturing Co., the three biggest stocks on the MSCI Emerging Markets Index, have lost a combined $170 billion in value this month. The slide by those stocks comes as the dispute between the world’s two biggest economies changes its focus from trade issues to tech companies. The MSCI Emerging Markets Index is down 8.4% this month, in line for the most since October.

  • Reuters3 days ago

    Chinese travel site Mafengwo raises $250 million in Tencent-led funding round

    SHANGHAI (Reuters) - Chinese travel site Mafengwo said it has raised $250 million in a funding round led by Tencent Holdings Ltd as it expands in the booming online travel market. In a statement on Wednesday, ...

  • Bloomberg3 days ago

    Tencent Leads $250 Million Round in Chinese Travel Site Mafengwo

    The Beijing-based company also attracted General Atlantic and Qiming Venture Partners to its latest funding round, Mafengwo said in a statement. Nine-year-old Mafengwo -- which means “hornets’ nest” -- helps Chinese travelers seeking destination and sight-seeing recommendations from fellow globetrotters.

  • iQiyi Retakes the Lead in Chinese Streaming
    Motley Fool3 days ago

    iQiyi Retakes the Lead in Chinese Streaming

    But does that mean it’s a buy?

  • Alibaba to Help Standardize Mobile Payment in Japan
    Market Realist3 days ago

    Alibaba to Help Standardize Mobile Payment in Japan

    Investor Updates: The Latest Buzz from Alibaba(Continued from Prior Part)Standardized QR code to simplify mobile paymentAlibaba (BABA) will work alongside Tencent (TCEHY) and several other entities in Japan to help standardize QR (quick response)

  • If Nio Stock Has Disappointed You, Read This
    InvestorPlace3 days ago

    If Nio Stock Has Disappointed You, Read This

    As far as newly minted stocks go, China's electric car maker Nio (NYSE:NIO) is off to a miserable start. Nio stock, currently trading near $4.00, is now down more than 30% from its September IPO price. Perhaps the startup isn't the next Tesla (NASDAQ:TSLA) after all.Source: Shutterstock Or maybe it is -- and investors only now remember one doesn't simply turn a multi-billion dollar enterprise into a profitable success overnight.That is actually the case here, to be clear. As we've seen far too often within just the past several months, investors are willing to dive head-first into a euphoric initial public offering based on a story, ignoring the fact that it's a sales pitch. Only afterwards do those pesky fundamentals start to matter, deflating puffed-up public offerings. Nio is the real deal, though. Even analysts expect big things soon.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThe period between the public offering and validation, however, could be a rough one. Been There, Done ThatMore than a few recent public offerings have turned out punitive for early believers.GoPro (NASDAQ:GPRO), for instance, now trades 70% lower than its 2014 IPO price. As it turns out, nobody disputes the company makes the world's best action cameras. It just so happens that most consumers don't care to own one.Snap (NYSE:SNAP) is presently valued about one-third less than its public-offering price (and 60% less than its post-IPO high) not because it's a poor social networking platform, but simply because consumers don't need another one other than Facebook. * 10 Small-Cap Stocks That Look Like Bargains Demand or marketability aren't the problem here, however. Electric carmaker Nio is, more than anything else, a name that went public too soon.Founded in 2014 and initially owned by Tencent Holdings (OTCMKTS:TCEHY), Hillhouse Capital and founder and CEO Bin Li just to name a few, the company was largely designed to recreate what Tesla had done to date -- but do it better, and do it in China. While at the time of its September IPO, it had only made a few hundred vehicles, by the end of last year the company made almost 13,000 of its one-and-only ES8. The company clearly did something productive with the $1 billion it raised in that initial round of fund-raising.Nio and the early buyers of Nio stock still learned a quick lesson the hard way, however. That is, its vehicles may be just as marketable as Tesla's, and nobody doubts the company can scale up (existing automaker JAC, in fact, has agreed to manufacture all the Nio-branded EVs the company wants), but Tesla had something back in 2010 that Nio didn't have last year -- something new (at the time) to tout that made a lot of sense (electric vehicles), addressing a market that nobody else was competing in (at the time), and making a pitch nobody else could make at the time.What Nio should have done is demonstrate a clear path to profitability first, and then asked for more money, positioning itself as the un-Tesla. With nothing new or novel to excite them, investors quickly lost interest.Welcome to the game. Looking Ahead for Nio StockNio may still lack the scale Tesla has at this time, but Nio is being built from the ground up to become and remain profitable. Indeed, it's being careful almost to fault. It's still unclear that's the case for Tesla, which would be a great talking point that so far's been underutilized.And for what it's worth, given China's aim of becoming the world leader in electric vehicles, it would be naive to think Nio isn't going to get all the help it needs as well to become a global alternative to Tesla… here, there, and everywhere else. Rival BYD, which is technically the world's biggest EV maker, certainly gets such support.It's just not going to all fall in place tomorrow.It may start to happen in earnest next year, though, and even more so the year after that.Analysts -- analysts in the U.S. -- forecast a top line of $720 million this year, which will grow to $2.2 billion next year, and continue to grow at this clip into 2021. By 2022, Nio should be in the black. Click to EnlargeThey're just guesses, to be fair, but they're guesses from professionals that get paid to keep their finger on the pulse of their respective markets and look past the near-term noise. As a group, they're usually in the ballpark. Bottom Line on NIOThe trick, as previously noted, is getting through the volatile period between now and then.Don't sweat it if you're kicking the proverbial tires and struggling to find anything to get excited about. The chart's current action isn't a reflection of the company, nor is the rhetoric surrounding it, but it's rough all the same. There's still a myriad of the usual post-IPO kinks to work out. Fair or not, traders are still in control of Nio stock, and without any clear-cut bullish history to tout -- the result of going public a tad too early -- there simply aren't enough fans and followers on the same page to change the current direction of the Nio stock price.This is just part of that clumsy transition from being a new stock to an established company. Not unlike one's teenage years, they're going to be awkward. * 7 Safe Stocks to Buy for Anxious Investors Give it time, though. It'll turn out fine. Remember, Facebook (NASDAQ:FB) was a train wreck coming out of its 2012 IPO, getting more than chopped in half within a few months. Five years later, it's up nearly 500% from its public-offering value.As of this writing, James Brumley did not hold a position in any of the aforementioned securities. You can learn more about James at his site, jamesbrumley.com, or follow him on Twitter, at @jbrumley. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 Safe Stocks to Buy for Anxious Investors * 4 Tech Stocks Looking Vulnerable * Should You Buy, Sell, Or Hold These 7 Hot IPO Stocks? Compare Brokers The post If Nio Stock Has Disappointed You, Read This appeared first on InvestorPlace.

  • PR Newswire3 days ago

    Tencent Miying Launches AI-supported Auxiliary Diagnostic System

    KUNMING, China, May 22, 2019 /PRNewswire/ -- Tencent today announces the launch of an AI-supported auxiliary diagnostic system for conducting digital colposcopy at the Global Digital Ecosystem Summit being held in Kunming, China. This latest technology can rapidly identify the cervical transformation zone and the location of a lesion, enabling doctors to more accurately and efficiently diagnose cervical cancer – the most common cause of malignant tumors in the female reproductive organs.

  • 'League of Legends' might be coming to smartphones
    Engadget3 days ago

    'League of Legends' might be coming to smartphones

    League of Legends might eventually take up residence on fans' iOS and Android homescreens. Developer Riot is said to be working with parent company Tencent on a mobile version of the ultra-popular MOBA. The pair have been working on the port for over a year, according to a Reuters report, though you may have to wait until at least 2020 to play it.

  • China’s Xi Calls for ‘New Long March’ as U.S. Tensions Rise
    Bloomberg3 days ago

    China’s Xi Calls for ‘New Long March’ as U.S. Tensions Rise

    Xi made the remarks on Monday while leaving the Long March memorial garden in Jiangxi Province, according to a video clip released by state television. The site marks the starting point of a lengthy migration from 1934 by the Communist Party’s military after setbacks that forced it to join with troops in northwest China.

  • Tencent CEO warns companies must keep innovating to survive amid US-China tensions
    TechCrunch4 days ago

    Tencent CEO warns companies must keep innovating to survive amid US-China tensions

    On Tuesday, Tencent's usually low-profile founder and CEO Pony Ma made rare comments to weigh in on escalating tensions between the United States and China, calling domestic tech companies to build more self-reliance in a bid to stay competitive. "China has come to the forefront of development. As the ZTE and Huawei cases have intensified recently, we are also constantly watching whether the trade war will turn into a tech war," said Ma at an event in China's Yunnan Province per a transcript Tencent provided to TechCrunch.

  • CNBC4 days ago

    Tencent's Pony Ma says he's watching whether the trade war will turn into a tech war

    Trade tensions between the U.S. and China intensified this month as both sides have moved to increase tariffs on each other's goods. Pony Ma, the head of Chinese technology giant Tencent, says he's watching whether the trade dispute will turn into a tech war, according to local news website 36kr. Last week, the U.S. added Huawei Technologies and its affiliates to the Bureau of Industry and Security Entity List, making it more difficult for U.S. companies to conduct business with the Chinese telecom giant.

  • Moody's4 days ago

    Tencent Holdings Limited -- Moody's announces completion of a periodic review of ratings of Tencent Holdings Limited

    Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Tencent Holdings Limited and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.