Tencent Holdings Ltd. (0700) - An Updated Valuation On 3rd August 2021
This sprawling Chinese tech conglomerate seems to have its tentacles in everything. Their scale has proven profitable, but they're drawing the ire of the Chinese Regulator once again.
Summary
Tencent, the sprawling Chinese tech conglomerate, seems to have its tentacles in almost everything. This has been highly profitable for them and has allowed them to corner markets, crush the new competition, and build an incredible scale and network advantage. But, the same practices that made them successful are the ones that could lead to theirβ¦