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2022-01-11

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@Alvin Chow:Tencent dumps Sea, PDD is next

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[Smile]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9002338871","repostId":"695371411","repostType":1,"repost":{"id":695371411,"gmtCreate":1641354150591,"gmtModify":1676532529372,"author":{"id":"3558908080415665","authorId":"3558908080415665","name":"Alvin Chow","avatar":"https://static.tigerbbs.com/2abf7014742f3e282e9781e945db75b0","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"title":"Tencent dumps Sea, PDD is next","htmlText":"1. 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Yesterday, Tencent sold $3b worth of<a target=\"_blank\" href=\"https://laohu8.com/S/SE\">$Sea Ltd(SE)$</a>&nbsp;Sea shares at $208 each. Sea share price dropped 11.4% to $197.84.2. Tencent's stake in Sea has declined from 21.3% to 18.7% after the sale. Tencent will be restricted to sell Sea shares during the next six months. But I believe the divestment will continue thereafter, adding more selling pressure Sea shares.3. This means that Tencent can raise another US$20.52 billion if it eventually divest everything at today Sea's market cap.4. With the current $3b sale in Sea and $16.4b sale in JD.com, Tencent is sitting o","text":"1. Just not long ago$TENCENT(00700)$ Tencent announced it was divesting JD and it caused JD share price to tank. Yesterday, Tencent sold $3b worth of$Sea Ltd(SE)$ Sea shares at $208 each. Sea share price dropped 11.4% to $197.84.2. Tencent's stake in Sea has declined from 21.3% to 18.7% after the sale. Tencent will be restricted to sell Sea shares during the next six months. But I believe the divestment will continue thereafter, adding more selling pressure Sea shares.3. This means that Tencent can raise another US$20.52 billion if it eventually divest everything at today Sea's market cap.4. With the current $3b sale in Sea and $16.4b sale in JD.com, Tencent is sitting o","images":[],"top":1,"highlighted":2,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/695371411","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":108,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":9002338871,"gmtCreate":1641912737922,"gmtModify":1676533661185,"author":{"id":"3585918143276151","authorId":"3585918143276151","name":"kellyditte","avatar":"https://static.tigerbbs.com/6802f171811670eb6e24d69a873e8f09","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"[Smile]&nbsp;[Smile]&nbsp;","listText":"[Smile]&nbsp;[Smile]&nbsp;","text":"[Smile] [Smile]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9002338871","repostId":"695371411","repostType":1,"repost":{"id":695371411,"gmtCreate":1641354150591,"gmtModify":1676532529372,"author":{"id":"3558908080415665","authorId":"3558908080415665","name":"Alvin Chow","avatar":"https://static.tigerbbs.com/2abf7014742f3e282e9781e945db75b0","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"title":"Tencent dumps Sea, PDD is next","htmlText":"1. Just not long ago<a target=\"_blank\" href=\"https://laohu8.com/S/00700\">$TENCENT(00700)$</a>&nbsp;Tencent announced it was divesting JD and it caused JD share price to tank. Yesterday, Tencent sold $3b worth of<a target=\"_blank\" href=\"https://laohu8.com/S/SE\">$Sea Ltd(SE)$</a>&nbsp;Sea shares at $208 each. Sea share price dropped 11.4% to $197.84.2. Tencent's stake in Sea has declined from 21.3% to 18.7% after the sale. Tencent will be restricted to sell Sea shares during the next six months. But I believe the divestment will continue thereafter, adding more selling pressure Sea shares.3. This means that Tencent can raise another US$20.52 billion if it eventually divest everything at today Sea's market cap.4. With the current $3b sale in Sea and $16.4b sale in JD.com, Tencent is sitting o","listText":"1. Just not long ago<a target=\"_blank\" href=\"https://laohu8.com/S/00700\">$TENCENT(00700)$</a>&nbsp;Tencent announced it was divesting JD and it caused JD share price to tank. Yesterday, Tencent sold $3b worth of<a target=\"_blank\" href=\"https://laohu8.com/S/SE\">$Sea Ltd(SE)$</a>&nbsp;Sea shares at $208 each. Sea share price dropped 11.4% to $197.84.2. Tencent's stake in Sea has declined from 21.3% to 18.7% after the sale. Tencent will be restricted to sell Sea shares during the next six months. But I believe the divestment will continue thereafter, adding more selling pressure Sea shares.3. This means that Tencent can raise another US$20.52 billion if it eventually divest everything at today Sea's market cap.4. With the current $3b sale in Sea and $16.4b sale in JD.com, Tencent is sitting o","text":"1. Just not long ago$TENCENT(00700)$ Tencent announced it was divesting JD and it caused JD share price to tank. Yesterday, Tencent sold $3b worth of$Sea Ltd(SE)$ Sea shares at $208 each. Sea share price dropped 11.4% to $197.84.2. Tencent's stake in Sea has declined from 21.3% to 18.7% after the sale. Tencent will be restricted to sell Sea shares during the next six months. But I believe the divestment will continue thereafter, adding more selling pressure Sea shares.3. This means that Tencent can raise another US$20.52 billion if it eventually divest everything at today Sea's market cap.4. With the current $3b sale in Sea and $16.4b sale in JD.com, Tencent is sitting o","images":[],"top":1,"highlighted":2,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/695371411","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":108,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}