Alibaba VS Tencent ๐
if you are asked to choose which one better, what is your pick my friend? After doing some checking and comparing, myself think $Tencent Holding Ltd.(TCEHY)$ has better prospect than $Alibaba(BABA)$ Bullishbut both are good companies.
I am using USD price coz easier for me to compare because i am not familiar with HKD ๐
suggestion is to be patient, there will be a time market will bull again, only we don't know when. ๐
โOur China evaluation framework finally shows the majority of factors improving concurrently with the latest acceleration of Covid relaxation, property market stabilisation, regulatory reset wrapping up, as well as early signs of US-China bilateral communications accelerating,โ the report by Morgan Stanley said.
Why Tencent Is a Better Buy Than Alibaba by Motley Fool :
๐Tencent has more diverse Business than Baba
๐Tencent management seems to have better relationships with regulators
๐Tencent's investment portfolio and international assets are more impressive.
last time i like Baba only, now i will consider tencent too, added in my watch list.
More relax covid restrictions means more chance for stock price to go up, however remain cautious the selling pressure if interest rate keep going up.
Invest wisely my friend โค๏ธ
Comments