@JohnnyYoung:$iQiyi Inc.(IQ)$ Are we going to close at the "Sign of the Devil" at $6.66?That would be PERFECT!!!!!!!!!!!!!!!!!!!!!!!!Everything seems to be falling in place. Even the Friday did not stop this today.The yuan is on a terrific ride upwards, China is staying open and subscriptions are growing. I wonder how that new product is doing that went on sale in early December?Could that b e why the ANALyst are all raising their estimates on revenues and profit?
@peppywoo:$TENCENT(00700)$ As one of the giant tech firms in China, TCEHY has been beat down and undervalued, more than its peers despite healthy earnings above expectations. This was due to the crackdown on Tech companies. Now that China realizes they boo-boo'd and started to reverse their policies, TCEHY is a solid pick going into 2023. It has several upside potentials: 1)As a holding company, Tencent is well diversified in online products and services; 2)As Chinese companies begin growth post-Covid lockdown, Tencent's enterprise cloud business will benefit greatlyTencent's products and services are "digital" so they are much less impacted than the companies that have "physical" goods manufacturing.
@peppywoo:$TENCENT(00700)$ As one of the giant tech firms in China, TCEHY has been beat down and undervalued, more than its peers despite healthy earnings above expectations. This was due to the crackdown on Tech companies. Now that China realizes they boo-boo'd and started to reverse their policies, TCEHY is a solid pick going into 2023. It has several upside potentials: 1)As a holding company, Tencent is well diversified in online products and services; 2)As Chinese companies begin growth post-Covid lockdown, Tencent's enterprise cloud business will benefit greatlyTencent's products and services are "digital" so they are much less impacted than the companies that have "physical" goods manufacturing.