diggydog
2022-11-17

Buy Tencent $TENCENT(00700)$ . 3Q22 earnings beat the consensus due to better cost control. Tencent also plans to distribute interim dividend by way of distributing shares of Meituan $Meituan(03690)$  with 10:1 ratio (every 10 shares of Tencent get 1 share of Meituan), which is about 5% of dividend yield as of current price.


Below is data and update from Tencent 3Q22 Earnings Presentation.

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