I prefer to invest in Alibaba rather than in Tencent_老虎社区_美港股上老虎

I prefer to invest in Alibaba rather than in Tencent

DreamBig572
2021-06-07

Naspers is a South Africa based multimedia conglomerate, which primarely was owner of Tencent. Tencent was placed in a holding called Prosus in the Netherlands with the main purpose to provide Naspers with liquidity and not make the share price of Naspers drop too much. It is selling off Tencent in order to repurchase shares of Naspers and Prosus; to me it looks a bit like a pyramid constructions. Netherlands is a rich country that could provide a lot of liquidity fast. This is the primary reason why I prefer to invest in Alibaba rather than in Tencent, because Alibaba has a lot more shareholders and the business of both is really good. Tencent is more into gaming/social media and EV and Alibaba more into E-commerce/Cloud.$TENCENT(00700)$

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I prefer to invest in Alibaba rather than in Tencent

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