$TENCENT(00700)$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.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments