Tencent on_老虎社区_美港股上老虎

RonaldNixon
2022-01-06

Tencent only trimmed its holdings in SEA from 21.3% to 18.7%. Market Overreaction. However, so many of these types of fast growth stocks have been deflating during the past few months. Regarding SEA, Weak hands sell, stronger hands hold or buy more.

I'm just going to come out and say it. Huge overreaction. Fundamentals are unchanged. Tencent sold the equivalent of 2% of the company stake, which means someone else bought them. The number of shares is the same, the Fundamentals are the same. Less Chinese influence, more say for Forrest Li. The CEO and the shareholder‘s interests are aligned. $Sea Ltd(SE)$ $TENCENT(00700)$

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