Good opportunity to pick up $Alibaba(BABA)$ , $Baidu(BIDU)$ , $Pinduoduo Inc.(PDD)$ and $JD.com(JD)$ shares. Draft proposals announced by Chinese authorities regarding online gaming, seriously has nothing with do with these companies.
As for Tencent, the selldown is overboard as I do not think the impact on its bottom line is that big to warrant a 13% drop in share price. $Tencent Holding Ltd.(TCEHY)$
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.
- dhalsimfksU·2023-12-28$gvh tooLikeReport