Stock market does not matter to Chinese goverment. However: China wants companies to do well, so expect companies like Alibaba and Tencent to do well, while US media increases fear level. US retail usually buy high and sell low. Chart min 40.
m
A report I read from Morningstar mentioned the possibility that another sector that was in danger of coming under regulatory trouble was Online Gaming. The reason I got into TCEHY years ago was because of the popularity of their Honor of Kings. At the time I invested I thought "what could be better than an addictive video game investment?" Well, it looks like it was too good to be true and I fear that Morningstar may be right. I think I will take my 40% reduced from the high gain and run.... unless I can buy some cheap long term puts to hedge. Anyway, best to y'all. Thanks for your insights over the years.
s
The valuation of baba, baidu and tencent are a screaming buy. This is a big exaggeration so my opinion.
We will change the direction still today and will see a Rallye end of day.
Am I right that TCEHY is trading OTC and hence does not have any delisting risk?
C
I am buying the fear. This company is so rich and its not going anywhere. This is just a scare that is not warranted. I can't even see how any of these so called crack downs are going to hurt their current bottom line. So they pay drivers slightly more. Big deal.
Bullish
M
chinese gov is pushing down the tech companies so they can buy 51% shares, control from inside and make lots of money for the communists boys in power. Communists love money too
k
I'm buying. Tencent is just too big in china. biggest gaming company in the world biggest social media player in china massive investment on a lot of companies, Like JD, NIO, Tesla, etc.... And the CEO Pony Ma plays low, not like jack ma has a big mouth.
W
Not sure about you guys, but I added a few more shares today. Discounts like these don’t come around everyday. Massive panic selling about nothing imo... buy when others are fearful!
B
game over for Chinese stocks, game over man
M
Wow. When will the regulatory bad news end for $tcehy? Global investors will rethink tencent. What’s a good entry point, or no touch?
w
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I
Tencent's broadcast of the Olympic opening ceremony tried to cut off Taiwan team's entry (to avoid hearing the word "Taiwan" which would upset commie officials). By doing so it actually ended up missing China team's own entry which occurred 4 spots behind Taiwan's. Looks like severe penalty coming for Tencent folks from the commie government LOL
A
Very long time since I have seen such a drastic price drop, and across the board from one country. I am curious how long the Chinese government can watch here...?
D
I think the news forgot to mention wechat registration resumes in early August..... Long term opportunity
Bullish
S
oh its just didi right? Tencent Suspends WeChat User Registrations Amid Tech Fears. . I know that country very well. I warn this is gonna happen you people are to hard headed.
max 15% more down before a 50%-80% increase according to my chart 470 hkd and 420 hkd were buy levels since a few months ago, I got excited a few % too early
J
Baba fined 2.8billion tencent fined a bag of peanuts!!!! Loll 77k fine is all they got!!! China favors tencent!!!! All the talk was for a 2billion fine and it only got 77k!!! Stock should pop Monday!!!
Bullish
s
Chinese companies are completely undervalued, but will never benefit being publicly traded companies due to Communism! A company cannot trade freely on a stock exchange when dominated by a communist government. This one is a lost cause!!
This is a big exaggeration so my opinion.
We will change the direction still today and will see a Rallye end of day.
In baba, baidu and tencent.
YTD Price Performance
$XPEV -18%
$NIO -18%
$BABA -21%
$TCEHY -21%
$JD -29%
$PDD -54%
Tencent is just too big in china.
biggest gaming company in the world
biggest social media player in china
massive investment on a lot of companies, Like JD, NIO, Tesla, etc....
And the CEO Pony Ma plays low, not like jack ma has a big mouth.
he shows he can creatively destroy capital with the best of them !
https://www.facebook.com/republicansoverseas/videos/374210543622184/
$TCEHY $BABA $BIDU
https://seekingalpha.com/news/3719432-china-wipeout-continues-as-crackdowns-prompt-hang-seng-to-plunge-5
470 hkd and 420 hkd were buy levels since a few months ago, I got excited a few % too early