Tencent's plans to merge Huya with DouYu (NASDAQ:DOYU) to create China's top game-streaming platform -- which would strengthen its social networking business -- also faces antitrust scrutiny. Tencent's () stock recently tumbled after antitrust fears overshadowed its impressive fourth-quarter earnings. Tencent is growing fast and holds a great position in high-growth markets. The sell-off doesn't appear to be due to anything wrong with Tencent's business, but rather outside factors such as inflation fears, growing U.S.-China tensions, and the ongoing anti-monopoly crackdown in China.  Yet with a strong, diverse, and growing business, along with a lower stock price, Tencent looks like a solid value at today's prices, as the above concerns appear baked into its stock price. If you are looking for stocks with good return, Tencent Holdings Limited can be a profitable investment option. Therefore, I'd rather sell Tencent right now than buy it, since it's unclear when China's government will decide to drop the hammer on its core businesses. If those headwinds dissipate, I might consider buying the stock again. Tencent is seeing its first meaningful sell-off in a while. Tencent's advertising business grew at a faster rate than many of China's other leading advertising platforms. These shares continue to be some of the BEST JSE shares to watch and buy, although the majority of other investors will be thinking the same, so be wary of saturated buying. Its online advertising revenues -- which come from ads across its social media platforms, streaming media services, games, and other apps -- rose 22% year over year to 24.7 billion yuan ($3.8 billion), compared to its 16% growth in the third quarter. At Walletinvestor.com we predict future values with technical analysis for wide selection of stocks like Tencent Holdings Limited (TCEHY). This is in-part because more people are tuning to music streaming and interactive podcasts to counteract the stress (and tedium) related to pandemic-driven lockdowns and life and work style changes. To qualify for this selection, these picks had to have market capitalizations of at least $2 billion (with one exception) and be down . For every 10% that Tencent goes up, Naspers should go up by 15% to 20%, but it also goes . Some may argue . The segment's revenue rose 30% in the prior-year quarter. And while Tencent itself has managed to sidestep a lot of the pitfalls rival Alibaba has stepped into, it could still be the subject of fines, specifically for its data and algorithm usage to tip things in its favor. Excluding those gains, its adjusted net profit still increased 30% to 33.2 billion yuan ($5.1 billion). ET. Acquired by Chinese gaming behemoth Tencent, Sumo has been on a great run in the market, backed up by solid first-half 2021 results. Reply. Follow him on Twitter for more updates! Bottom line: Xpeng stock is in a buy zone. Tencent's fintech and business services unit -- which houses its payment platform WeChat Pay, Tencent Cloud, and other services -- grew its revenue by 40% year over year during the quarter and accounted for 30% of its top line. Quarterly gross margin reached 17.3%, 900 basis points better than Wall Street's estimate of 16.4%. Tencent remains a pillar of the Chinese tech economy. Tencent Holdings Ltd. ADR(OTC:TCEHY): The increasing desire to connect with others and share opinions in today's era of remote connectivity has bolstered the user bases of Chinese social media players Weibo (WB) and Tencent Holdings (TCEHY). Cumulative Growth of a $10,000 Investment in Stock Advisor, Tencent Holding Ltd. (TCEHY) Q3 2021 Earnings Call Transcript, 2 Chinese Stocks to Watch During These Huge Volatility Swings, This Top Stock for the Augmented Reality Boom Is On Sale Now, Why Tencent Is a Lot Like Berkshire Hathaway, Copyright, Trademark and Patent Information. Sohu Stock. The State Administration for Market Regulation (SAMR) passed stricter anti-monopoly laws in February. So Tencent's value outside of its investment portfolio is about 26 times its current earnings run rate. •. Just look at the MSCI China - and a big component of the index is . As an investor, you want to buy stocks with the highest probability of success . On April 28, Spotify stock fell over 12 percent after the company reported its first-quarter earnings results. YTD returns: -29.5%. That seems fairly cheap for a company that sees large growth opportunities ahead, and which can also funnel its cash flows into a high-growth venture-capital-like portfolio. China's central bank is also reportedly seeking new ways to regulate WeChat Pay and Alipay as financial institutions instead of payment platforms. In fact, you may not have noticed, but Tencent's stock has corrected more than 20% of its 2021 highs. Finally, Macquarie lowered shares of Tencent Music Entertainment Group from a "neutral" rating to an "underperform" rating and cut their target price for the stock from $11.30 to $5.10 in a research report on Tuesday, August 17th. Tencent's past growth looks healthy, but its future looks murky. 29 2021, Published 10:44 a.m. There are a number of reasons Tencent might have sold off on otherwise solid results. You can buy the stock directly or invest in funds that have exposure to the stock. Its adjusted net income rose 13% to 34 billion yuan ($5.2 billion), beating estimates by 1.2 billion yuan. Forward price-to-earnings (P/E) data provided by Morningstar. Tencent Holdings Ltd (TCEHY-OTC) 09/03/2021 at 04:00pm. And the moment the selling stabilised, the CCP started investigating Tencent Music for anticompetitive practices. The average twelve-month price target for Tencent is $167.41 with a high price target of $510.00 and a low price target of $60.18. Alibaba and Tencent are the other major Chinese stocks in ARK's portfolio. Tencent Music Entertainment Group(NYSE:TME): Tencent Music Entertainment's (TME) online music subscription and social entertainment services revenues have been growing at an exponential rate. In this article we will take a look at the 10 best stocks to buy in 2021 according to Cathie Wood. Market value: $71.1 . See the report's 7 new picks today . The Motley Fool owns shares of and recommends JD.com and Tencent Holdings. The fund's portfolio value increased to $556.11 million in Q1 2021, from $552.30 million Q4 2020. The sell-off seems to have trigger other Chinese stocks as well, Huya Doyu and TIGR were all down big . Tencent Holdings Limited (TCEHY) is a leading internet content & information business based in the US. Tencent reported third-quarter revenue that was up 13% year-over-year. Basically, Tencent remains a world class company, and long-term oriented investors shouldn't hesitate to take advantage of the current weakness in its shares. TCEHY - The Chinese economy is expected to generate higher growth in 2021 because leaders there aim to keep the country's macro policies consistent, stable and sustainable. Tencent has always held a reputation of being judicious in monetizing its assets, so the company has many growth levers to pull while trading at a cheap valuation of only 25 times forward earnings. Sohu Stock. Tencent also said it would contribute RMB50 billion (roughly $7.8 billion) to a social equity fund, with the payoff being uncertain for shareholders. Tencent's decline was pertaining mainly to the Chinese stocks . So the question remains, is Tensent stock a 'buy', 'sell' or 'hold'? Activision Blizzard. Leo is a tech and consumer goods specialist who has covered the crossroads of Wall Street and Silicon Valley since 2012. Stock Advisor launched in February of 2002. Tencent has amassed cash and short-term investments totaling 260.0 billion renminbi ($36.7 billion), although total debt tallied up to 259.3 billion renminbi ($36.6 billion) as of the end of June . (Updated on Nov 08, 2021) Buy candidate since 2021-11-08 PDF The Tencent Holdings Ltd stock price gained 2.07% on the last trading day (Monday, 8th Nov 2021), rising from $58.59 to $59.80. There are 3 methods. First, some investors anticipate fines from China's market regulator. Returns as of 11/17/2021. Bottom line: Xpeng stock is in a buy zone. Good read. We think this bodes well for Chinese high-growth stocks Tencent Holdings Limited , Baidu, Inc. , and NetEase, Inc. . Apr. With these assumptions, the fair value of TCEHY is $117.67. Live. That said, I still see Tech as one of the best ways to bet on China's long-term growth. Those are high growth rates for a stock that trades at just 25 times forward earnings. Tencent Music Entertainment Group, whose market valuation is $12.53 billion at the time of this writing, is expected to release its quarterly earnings report Nov 08, 2021 - Nov 12, 2021. OTC-traded shares of Tencent can be purchased from the domestic market . If you suffered losses exceeding $50,000 investing in Tencent stock or options between March 22, 2021 and March 29, 2021 and would like to discuss your legal rights, call Faruqi & Faruqi partner . And it hasn't stopped, but it has slowed. On the surface, Tencent is an attractive growth stock. Doing so twice in successive decades is unheard of. Chinese shares . I love looking at the "story" behind investments from an interdisciplinary point of view, with an equal appetite for high-growth disruptors and beaten-down value names. Tech stocks are all the rage right now and China has her own fair share of exciting tech companies. So, it might be a good idea to keep an eye on it and buy when it starts to turn around. Tencent Music Entertainment Group(NYSE:TME): Tencent Music Entertainment's (TME) online music subscription and social entertainment services revenues have been growing at an exponential rate. It's also got a low P/E ratio of around 4, which could mean that it's undervalued. During the day the price has varied from a low of $62.20 to a high of $63.54. In the first quarter of 2021, Tencent reported good revenue and profit growth. WeChat, Tencent's top messaging platform and Mini Program ecosystem, still grew its monthly active users 5% year over year to 1.23 billion. While Tencent Cloud trails Alibaba, the company is stealing share growing from 15.1% in the second quarter of 2020 to 18.8% in 2021 per data analytics firm Canalys. Get Alerts. Tencent Holdings Ltd pulled off a pair of successes for its League Of Legends franchise over the weekend, with a raucous eSports tournament that drew more viewers than ever before and the strong debut for a new video series on Netflix.. Arcane, an anime series based on the League fantasy universe, premiered to an overwhelmingly positive response, garnering 130 million views in China within a . Tencent was nearly $100 two weeks ago and now $84. More than any other large-cap technology company, Tencent has utilized its ample cash flows to invest in other high-growth technology businesses. Average returns of all recommendations since inception. Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. The 15 Best Tech Stocks to Buy for 2021; Data is as of market close on March 11. Check out why we believe Tencent stock is a buy now. The latest price was $62.83 (25 minute delay). Tencent's stock price rose slightly after the report, but it's still shed over 20% of its value this year amid China's crackdown on its tech sector. Specifically, Tencent Holdings' shares decreased by close to -8% in a single day on . As of August 10, fuboTV Inc. (NYSE: FUBO) has 681,721 . We’re motley! Cost basis and return based on previous market day close. Earlier this month, Bio-Techne Corporation (NASDAQ: TECH) declared a quarterly dividend of $0.32 per share. Until that oppressive cloud dissipates, it's smarter for investors to stick with other growth stocks that don't face any near-term regulatory headwinds. This year's list spans blue-chip stocks, pandemic plays, hedges against a lousy… Making the world smarter, happier, and richer. For the top stocks to buy in August 2021, I went to MAPsginals.com and I found 50 of the most frequent Top 20 stocks in the last 6 months. Prosus Sells Tencent Shares! View the best shares to buy in 2021 right here on this page. In 2021, the company is valued at roughly $45 billion after going public, which was nearly ten times its worth in 2020. Tencent Music Entertainment Group stock price ended on $7.80 on Friday after losing 0.89%(Updated on Nov 05, 2021) Buy or Hold candidate since 2021-10-22 Loss -8.13% PDF. All that uncertainty has made it tough to buy Tencent, Alibaba, and other Chinese tech stocks. Sohu stock peaked in . The company reported its third-quarter financials on November 3, 2021. Tencent attributes the segment's growth to higher demand for ads across the online education, e-commerce, and fast-moving consumer goods sectors, as well as its consolidation of Bitauto -- the online auto marketplace it took private last year. This article represents the opinion of the writer, who may disagree with the “official” recommendation position of a Motley Fool premium advisory service. HSBC upgraded the stock to "buy". The sell-off doesn't appear to be due to anything wrong with Tencent's business, but rather . That's right -- they think these 10 stocks are even better buys. Keeping them in my watchlist. Tencent (700 HK) AIA (1299.HK) BYD (1211 HK) China Tower (788 HK) DBS Group (DO5 SG) Macquerie Group (MQG.AU) Fortescue Metals Group (FMG AU) The region provides one of the best long term structural growth opportunities for investors. But the Naspers party is now well and truly over. The SAMR recently blocked Tencent's proposed merger of Huya (NYSE:HUYA) and DouYu (NASDAQ:DOYU), which would have created China's largest esports streaming platform, and forced Tencent Music (NYSE:TME) to abandon its exclusive streaming music rights. Oct 22, 2021 | 6:46am Buy These 3 Tech Stocks Before They Soar Further Tech stocks, which were underperformers at the start of the year, have made their way back as investors have been buying on the dip. Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. French luxury group Kering was among the top gainers on the CAC 40, gaining 2.0% after its top brand Gucci said it expected 2021 revenues to be in line or higher than their pre-pandemic level. Long-term investors should look at these seven stocks to buy and hold April 27, 2021 By Tezcan Gecgil , InvestorPlace Contributor Apr 27, 2021, 1:23 pm EST April 27, 2021 And the company has a lot of room to grow with only a market cap of close to $40 million. Most notably, Tencent is the world's largest vendor of video games. Stock Advisor will renew at the then current list price. Based on our forecasts, a . Each stock is a Zacks Rank #1 Strong Buy. It opened the day at $62.46 after a previous close of $62.78. Based on our forecasts, a . Frequently Asked Questions . . This gives you a large margin of safety based on this DCF. Tencent attributed that acceleration to rising demand for ads for internet-based services and consumer staples, as well as its consolidation of the car comparison site Bitauto. Revenue for fiscal Q2 2021 has come up by . Similarly, BABA has popped from $225 back to $280, round trip. Stock Advisor list price is $199 per year. The share price's amazing performance is rooted in an inspired decision in 2001 to pay $32m for 50% of a then fledgling Hong Kong business called Tencent. Image source: Getty Images. Average returns of all recommendations since inception. Since its high of HK$757 on 11 Feb 2021, it has tumbled 43% to HK$446 by 28 Jul 2021 (at point of publishing). There are 3 methods. Tencent’s core businesses are still generating impressive growth. Here are potentially the top 7 Stocks to watch and buy in Asia. February 2, 2021 at 10:26 pm . A hold rating indicates that analysts believe investors should maintain any existing positions they have in TCEHY, but not buy additional shares or sell existing shares. Dan Caplinger has no position in any of the stocks mentioned . In the meantime, here are 10 Chinese stocks to buy on the dip. Click here to read why TCEHY stock is a great buy at current levels. One analyst has a sell rating on JD stock. That little company mushroomed . And experienced another 9% decline on the following day. The Chinese mobile gaming firm was one of the early Chinese internet firms on U.S. markets, going public in July 2000. This came as a result of the company's . Discounted offers are only available to new members. First it was the Archegos forced unwinding (he held a big position in Tencent Music). That growth was impressive since Baidu (NASDAQ:BIDU) -- which owns China's top search engine -- posted seven straight quarters of revenue declines. Tencent stock is mispriced after investors are overreacting to the moves of the Chinese Communist Party. China’s ongoing crackdown on its top tech companies still makes it a tough stock to own. Should investors ignore that noise and buy the stock, which looks historically cheap at 26 times next year's earnings, or should they avoid it? Navellier's portfolio is diversified and consists of small-cap, mid-cap, and large-cap stocks. Hong Kong stocks roar into 2021 on surge of investment from China. Tencent Cloud ranks third in China's cloud infrastructure market behind Alibaba and Huawei, according to Canalys, with a 13.7% share in the first quarter of 2021. Average returns of all recommendations since inception. You can skip our detailed analysis of Wood's history, investment philosophy, and hedge fund . Tencent also suspended new user registrations for WeChat in late July, citing a need to review its data security policies. China's Ministry of Industry and Information Technology (MIIT) then rebuked WeChat, along with more than 40 other apps, in mid-August over their data handling practices. Discounted offers are only available to new members. The price has fallen in 6 of the last 10 days and is down by -8.06% for this period. Tencent's fintech and business services revenue, which primarily comes from its online payment platform WeChat Pay and its cloud infrastructure platform Tencent Cloud, rose 29% year over year to 38.5 billion yuan ($5.9 billion), compared to its 24% growth in the third quarter. The value of Tencent, Naspers's major investment, is now significantly more than the Naspers share price. Headquartered in Shenzhen, China, TCEHY is an investment holding company that provides value-added . Investors' optimism about the company's current quarter earnings report is understandable. The Chinese tech giant's revenue rose 26% year over year to 133.7 billion yuan ($20.5 billion), beating estimates by 0.6 billion yuan. Leo is a tech and consumer goods specialist who has covered the crossroads of Wall Street and Silicon Valley since 2012. And the moment the selling stabilised, the CCP started investigating Tencent Music for anticompetitive practices. You can buy the stock directly or invest in funds that have exposure to the stock. This stock just can't catch a break - and is down 50% from its high of $30. Is China tech a good buy now? There are currently 3 sell ratings, 2 hold ratings, 5 buy ratings and 1 strong buy rating for the stock. Tencent Chinese Stocks Down Big Today!! Garry Lai. While some may quibble with a deceleration in its core online games business and slight margin compression, the company turned in an otherwise solid quarter: Data source: Tencent Q1 2021 earnings release. fuboTV Inc. (NYSE: FUBO) is a New York-based live TV streaming platform that ranks 12th on the list of 15 good stocks to buy right now. China's State Administration for Market Regulation (SAMR) recently issued Tencent several small fines of 500,000 yuan ($77,000) apiece for previously unapproved investments and acquisitions, but several reports suggest those lighter fines could precede a much larger fine of up to $1.5 billion. Questioning an investing thesis -- even one of our own -- helps us all think critically about investing and make decisions that help us become smarter, happier, and richer. OTC-traded There are 3 methods. Yet over time, game approvals eventually restarted, and Tencent's stock went on to new all-time highs. The Chinese mobile gaming firm was one of the early Chinese internet firms on U.S. markets, going public in July 2000. It also sells ads through its older social media network QQ, Tencent News, Tencent Video, its mobile app store, and its mobile advertising network. 1 of 5. OTC-traded shares of Tencent can be purchased from the domestic market, the original Hong Kong-listed shares can be bought through a broker or you can opt for electronic funds transfers (ETFs). An A is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F. Growth Score A. The stock ranks 10th in the list of best stocks to buy in 2021 according to Louis Navellier. Tencent is one of the largest advertising companies in China. HONG KONG -- One of the world's biggest laggards . Those alleged plans, along with the fear that Tencent would become the government's next antitrust target after Alibaba (NYSE:BABA), doused any enthusiasm for its quarterly results. That's great for those wanting to buy in. Cost basis and return based on previous market day close. Stock Advisor launched in February of 2002. Making the world smarter, happier, and richer. It dominates China's gaming and social media sectors, and analysts expect its revenue and earnings to rise 21% and 27%, respectively, this year. Of the 44 analysts covering the stock, 40 rates it as a buy while three have rated it as a hold. Tencent's net income attributable to equity holders was about $5 billion last quarter, about a $20 billion run rate, and that run rate, though muted by investments, should still grow throughout the year. To decide, let's examine three reasons to buy Tencent -- and one compelling reason to sell it. Volume fell on the last day by . Tencent is the largest video game publisher in the world. Estimates by analysts give the company expected earnings per share (EPS) of $0.07, with the EPS growth for the year raised at $0.35 for 2021 and $0.39 for next year. However, over half of those profits came from one-time gains during the quarter. The Chinese tech giant's revenue rose 20% year over year to 138.3 billion yuan ($21.3 billion), meeting analysts' expectations but decelerating from its 25% growth in the first quarter. Returns as of 11/17/2021. So the equivalent of Visa in China is Alipay, and the equivalent of Disney is Tencent. How to Buy Tencent. Today it was announced that Prosus stock (PRX, PROS.F, PROS.Y) is going to sell some of their Tencent Shares. For example, Baidu's (NASDAQ:BIDU) online marketing revenue rose 18% year over year in its latest quarter, but it benefited from an easy comparison to an 8% decline a year ago. Cumulative Growth of a $10,000 Investment in Stock Advisor, Tencent Holding Ltd. (TCEHY) Q3 2021 Earnings Call Transcript, 2 Chinese Stocks to Watch During These Huge Volatility Swings, This Top Stock for the Augmented Reality Boom Is On Sale Now, Why Tencent Is a Lot Like Berkshire Hathaway, Copyright, Trademark and Patent Information. The 10 best stocks to buy for 2021 At the end of each year, U.S. News selects 10 stocks to buy for the year ahead. Recent stocks from this report have soared up to +178.7% in 3 months - this month's picks could be even better. This is in-part because more people are tuning to music streaming and interactive podcasts to counteract the stress (and tedium) related to pandemic-driven lockdowns and life and work style changes. Very few stocks achieve this "ten bagger" status. BUY on WEAKNESS. Meanwhile, Cathie Wood of ARK Invest is also bullish on JD stock and bought more shares of the Chinese stock in 2021. His wheelhouse includes cloud, IoT, analytics, telecom, and gaming related businesses. Name Email . Making the world smarter, happier, and richer. Stock Advisor will renew at the then current list price. His wheelhouse includes cloud, IoT, analytics, telecom, and gaming related businesses. However, Tencent's depressed valuation reflects the dark antitrust cloud that is casting shadows across all its businesses. Tencent mainly attributed the segment's growth to a rising number of digital payment transactions, and the digitization of public services in China (with its cloud software and other services). China starts out without the infrastructure of the West, so they are free to build whole new systems from the ground up. January 26, 2021 at 8:54 am . The segment faces a post-pandemic slowdown, but it still grew on top of its 40% growth in the prior-year quarter -- so it's still firing on all cylinders. Two analysts have rated the stock with a sell rating, eight have given a hold rating and seven have issued a buy rating to the company's stock. Mainland buyers help boost cheaper shares of locally listed H-share companies. Tencent's market capitalization has increased by a whopping 57,183% since its IPO. OTC-traded shares of Tencent can be purchased from the domestic market . That also marked a slowdown from its 29% growth in the third quarter. Tencent Holdings Limited quote is equal to 62.700 USD at 2021-11-14. YOY = year over year.Â, While the core video game segment, which is part of VAS, decelerated to 17%, it also had a tough comparison to the year-ago quarter, during which China was almost entirely in lockdown. In the low/mid-$80s it is an interesting range. WeChat Pay holds a near-duopoly in China's digital payments market with Alibaba (NYSE:BABA)-backed Alipay. Tencent made waves last year when it acquired a 5% stake in buy now, pay later (BNPL) darling Afterpay Ltd in May - an investment that would have already paid off very handsomely. See the 10 stocks *Stock Advisor returns as of September 17, 2021. The consensus among Wall Street analysts is that investors should "hold" Tencent stock. According to the issued ratings of 11 analysts in the last year, the consensus rating for Tencent stock is Hold based on the current 3 sell ratings, 2 hold ratings, 5 buy ratings and 1 strong buy rating for TCEHY. The Top ETFs for 2021; 10 Stocks To Buy in 2021 (Including 2 Every Investor Should Own) 5 Stocks Under $5; Premium Reports. While management maintains these new investments in cloud, high-end video games, and short-form video are due to large growth opportunities, some may see it as a sign of intensifying competition. Tencent's (OTC:TCEHY) stock recently tumbled after antitrust fears overshadowed its impressive fourth-quarter earnings. While the regulatory concerns are valid, remember that Tencent bounced back strongly from China's late 2018 halt on video game approvals, which caused Tencent's price to fall during that period as well. First it was the Archegos forced unwinding (he held a big position in Tencent Music). Cloud deployments in China had actually been hampered by the pandemic, and Tencent is gunning to be a winner in this high-growth market, so that growth was great to see.Â. The company has solid fundamentals from a diverse source pool of revenue while its share prices are well below record high levels. Tencent also owns stakes in many game publishers, including Fortnite publisher Epic Games, Activision Blizzard, and Ubisoft. Questioning an investing thesis -- even one of our own -- helps us all think critically about investing and make decisions that help us become smarter, happier, and richer.

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