Thursday, August 30, 2018
Make sense of Tencent Price movement
Tencent listed in Hong Kong and New York had lost recently more than USD 165 Billions in Market valuation much more than what Face book lost, as Chinese Tech counters were hit hard. With Chinese regulators putting in more conditions on Gaming activities for young people, Tencent further lost close to 5 percent value on 31 August 2108. US president Trump is said to add next week, USD 200 billions in Tariff against Chinese exports. This will further cause market value loss to Chinese Tech counters, especially Tencent. Persons with deep pockets can consider buying Tencent below HK 300, say about HK 250 level for medium term gain. Once this tariff related noise settles out, Tencent will start moving up, as the long term potential in Chinese economy is considered good.
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Shri Lalitha Sahasranamam: Namam 852: Shri Sarvopanisad udghusta (ōṃ sarvōpaniṣadud ghṣṭāyai namaḥ)
The Divine Mother is celebrated or praised by all Upanishads. Upanishads are essence and highest part of Vedas. They are hidden in a way f...
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Shri Lalitha Sagaranamam, was instructed by Shri Lalitha Herself and recorded by her assistant Devis. It is considered the highest Sahar...
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In Namams 64 to 84, we will be seeing the Divine Mother destroying the Bhandasura. The Divine Mother is attended by the Goddess Sampat...
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From Nama 684 to 741 the glories of the Divine Mother are discussed. The Divine Mother is in Dakshinamurti (Shiva) form. Shiva is sitting ...
I'm watching this stock as well. It has a high Beta factor.
ReplyDeleteThanks for sharing. Agree with your view points.
ReplyDeleteTencent has gone down considerably in the recent past, but has good potential to go up.
I am considering to buy this.
Comparing to Alibaba, it’s a better counter.