HK11
2022-04-11

$TENCENT(00700)$Due to the stock market volatility in the recent months, HK stocks particularly has been underperforming. Tencent once drop below 300.0 has indicated that it has being severely affected.


However, due to the portfolio that Tencent holds and it's financial operation, I would see it as a long term worth holding stock. 

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Comments

  • ChristKitto
    2022-04-11
    ChristKitto
    You need to be patient when investing in Chinese stocks. Tencent is a long-term stock, so don't worry about short-term volatility
    • HK11
      Indeed, especially given everything has happened around. Long term is a wise option
  • LeilaLynch
    2022-04-11
    LeilaLynch
    Indeed, I agree with the author. Tencent's gaming business has suffered temporarily, but other businesses are booming
    • HK11
      High-Five mate! Thanks for sharing the same thoughts.
  • CyrilDavy
    2022-04-11
    CyrilDavy
    I firmly believe that Tencent, Ali, Nio and other stocks are due for a rebound, it is still a good buying opportunity, please seize it
    • HK11
      Yes, totally agree!
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