‌I was just wondering, why would ‌$TENCENT(00700)$ selling of stakes in company such as ‌$Sea Ltd(SE)$‌ and ‌$JD.com(JD)$‌ be so negative. It basically means that it is reducing its stake inthe other companies. Yet it cause FUD in its other stake such as ‌$PINDUODUO ADR R(0A2S.UK)$‌ and ‌$KUAISHOU-W(01024)$‌ when nothing has been announced yet! ‌$Lion-OCBC Sec HSTECH S$(HST.SI)$

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  • maroketo
    ·2022-01-05
    The decline of Tencent's share price is mainly influenced by regulatory policies. Only when all the regulatory problems are solved can Tencent's share price resume rising. As far as the current situation is concerned, Tencent should choose to sell its shares, and then use all the cash obtained to buy back the company's shares.
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  • uuunited
    ·2022-01-05
    Don't worry. Tencent is the best Internet company in China, with the largest user base, and its share price will rise sooner or later.
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  • ladyman
    ·2022-01-05
    Tencent seemed to have Tesla shares that year. I wonder if Tencent sold it.
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