About

Tencent had more than 1.3 billion monthly active users of WeChat/Weixin at the end of 2023. Tencent’s WeChat is a central hub in China, driving multiple revenue streams and offering a significant moat that Western tech giants envy. I prefer investing in Tencent through Prosus, which offers a… Select to analyze similar companies using key performance metrics; select up to 4 stocks.

Earnings Growth

Tencent’s diversified portfolio of leading technology and e-commerce businesses has many people interested in learning about its stock. This guide will teach you everything you need to know about Tencent and how to invest in the Chinese tech stock. Please bear with us as we address hong kong dollar exchange rate this and restore your personalized lists.

Tencent: Growth At The Right Price

Tencent (TCEHY 2.25%) is a Chinese technology behemoth. Its communications and social services connect more than 1 billion people. It also publishes some of the world’s most popular video games. In addition, Tencent provides a range of services, including cloud computing, advertising, and financial technology. In many ways, Tencent is like many of the top U.S. technology companies all rolled into one.

Insider Buying vs. Insider Selling

It’s the biggest music-streaming platform in the world and it’s already making money, but us dollars half dollars and quarters that’s not all for this hugely exciting spin-off. Matt DiLallo has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Tencent. Tencent stepped up stock buy-backs after a HK$477 billion sell-off in the past six trading days. Tencent and the Guillemot family are evaluating which assets to include in the new entity.

Financial Performance

• The Motley Fool’s investing philosophy recommends building a diversified portfolio of 25 or more stocks you plan to hold for at least five years.
• You need to make sure your portfolio matches your risk tolerance, return expectations, and values.
• Of course, you might find a fantastic investment by looking elsewhere.
• Tencent has an aggregate monthly active user base of less than 600 million for QQ and over 1.2 billion for Weixin/Weixin.
• In addition, Tencent provides a range of services, including cloud computing, advertising, and financial technology.
• Not everyone wants to be an active stock picker, especially when it comes to investing internationally.
• Past performance of an eToro Community Member is not a reliable indicator of his future performance.

The company has split its stock once since its public listing. At the time, Tencent President Martin Lau commented on the reasoning behind the split, stating, “We hope to lower the investment threshold for investors.” They enable companies to fund their operations and expansion. Companies delivering rising profitability tend to grow shareholder value over the long term.

• The company is expected to exhibit robust earnings in the fourth quarter of 2024, driven by a significant increase in games revenue and a resilient marketing segment.
• Alternatively, email editorial-team (at) simplywallst.com.This article by Simply Wall St is general in nature.
• In many ways, Tencent is like many of the top U.S. technology companies all rolled into one.
• Investors need to carefully consider the added risks before adding Tencent to their portfolio.
• You’ll want to open and fund a brokerage account before buying shares of any company.

Revenue vs. Earnings

Tencent Holdings Limited, an investment holding company, offers value-added services (VAS), online advertising, fintech, and business services in the People’s Republic of China and internationally. It operates through VAS, Online Advertising, FinTech and Business Services, and Others segments. In addition, the company operates innovation business, which includes artificial intelligences; and discover and develops enterprise and next-generation technologies for food production, energy, and water management application. Tencent Holdings Limited was formerly known as Tencent (BVI) Limited and changed its name to Tencent Holding Limited in February 2004. The company was founded in 1998 and is headquartered in Shenzhen, the People’s Republic of China.

Internet and Direct Marketing Retail Stocks

Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of companies we expect will grow earnings. Since the stock has added US$791m to its market cap in the past week alone, let’s see if underlying performance has been driving convert us dollars to russian rubles long-term returns.

In March 2024, the company proposed to increase its annual dividend based on its 2023 results by 42% to HKD3.40 per share ($0.43 per share). You’ll want to open and fund a brokerage account before buying shares of any company. If you need to open one, here are some of the best-rated brokers and trading platforms.

With innovative investment tools and a collaborative trading community, eToro empowers millions of users in over 100 countries to trade and invest in a simple and transparent way. Tencent is a publicly traded company listed on the Hong Kong Stock Exchange. In addition, the Chinese e-commerce giant has a U.S. listing on the OTC Markets Exchange, where it trades under the stock ticker TCEHY. However, Chinese companies have higher risk profiles than those listed in the U.S. due to geopolitical concerns, foreign exchange rate fluctuations, and governance differences. Investors interested in Tencent need to weigh whether its upside potential is worth the risk. It developed the popular WeChat app and several other leading digital platforms.