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kellyditte

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- kellydittekellyditte
  ·2022-01-11
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  Tencent dumps Sea, PDD is next
  @Alvin Chow：
  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 $16.4b sale in JD.com, Tencent is sitting o
  Tencent dumps Sea, PDD is next
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Just not long ago<a target=\"_blank\" href=\"https://laohu8.com/S/00700\">$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. 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