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My youtube channel: https://www.youtube.com/channel/UCAPWOEQKCpCWmzKkdo7v-iw Alibaba and Tencent are undoubtedly the best known Chinese big tech companies that the world has known. If you are a financial investor of Chinese equities, it would not be that surprising to you when you hear that tencent had on 22 December 2021 announced the distribution of JD shares that it owns to its shareholders. But what does it truly mean? Considering that tencent's share price has declined from 775 HKD to around 443 HKD now, representing at least 40% decline from price peak, this move has the signs of helping to reduce further share price downward pressure. But this is only one level of thinking.... If you read my article on the second level of thinking, we would have to think further.. Is this step a conjunction of the anti-monopoly moves against the big tech and that tencent has read the political intention of central authorities so clearly that it has decided to pledge its loyalty first by shedding really unnecessary investee companies? What I want to say is I do not think the regulation by chinese tech companies is nearing an end though I have a prediction that the intensity of the chinese tech data and regulation will be much less going into 2022. As always, this should not be construed as any investment or trading advice. $腾讯控股(00700)$ $京东(JD)$ $京东集团-SW(09618)$ $老虎证券(TIGR)$ $富途控股(FUTU)$