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I'm fairly new to investing and don't have a lot of TC to invest so im pretty skeptical where I put my money. That said I'm curious what Blind thinks about Tencent and their plans to expand etc. Worth investing in?#investments #personalfinance
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Investing in tencent is like investing in the CCP which is like investing in nazi Germany why would you do it
Isn't Tencent acquiring y'all?
Nah not likely. Take 2 knows what we're worth so I doubt it.
Rumors are a hostile takeover of T2
Some Chinese companies once listed in US are gradually being delisted. I used to have China Mobile (CHL). Now it is gone. Others like CEO and BIDU will likely follow suit. If you own Tencent, think about the exit strategy. Who knows when they will be using face recognition technologies to identify minorities.
Sounds like more reasons to invest to me. Seems like a clear monetization strategy
Emerging markets are great but if you donβt have the knowledge on regulatory risks Iβd suggest investing in a broader ETF. You can just google and iβm sure thereβs a ton that has Tencent as one of its top holdings along with alibaba etc. The headwind with Tencent is that monetization / gaming as a whole is heavily regulated so hard to foresee all the risks.