$TENCENT(00700)$ Nothing wrong

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Nothing wrong selling. And selling 0.02% and stake drop from 24.01% to 23.99% should not be considered 'slashing'!

This is one of the main counter China govt or their investment vehicle don't own much of. So I forsee more buying from them. China would not think twice to buy tencent or buy that 23.99% if they willing to sell. :)

Drop more please I will DCA in.

Not Financial Advice and DYOR.

Disclaimer : I proudly own tencent stocks but not enough of it.

Tencent Major Shareholder Prosus Sells 470K+ Shares, Slashing Stake to 23.99%

According to the shareholding disclosures from the Hong Kong Stock Exchange, Tencent's major shareholder Prosus sold 474,000 shares last Friday (6th) at an average price of approximately $410 per share, involving about $194 million.After this sale, Prosus's stake decreased from 24.01% to 23.99%.

Tencent Major Shareholder Prosus Sells 470K+ Shares, Slashing Stake to 23.99%

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.

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BernardLL
·12-10
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I don’t think Tencent will drop much. From now till next year I predict it will move up to $500 range and consolidate from there
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- Aenon:
  Yeah…. I am looking to accumulate more actually for long term. Just came back from China….🇨🇳 so walked the ground like Philips Fisher..
  12-10
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neo26000
·12-10
TOP
The reporters just wants to sensationalize news...with words like slash. 0.02% of people are lazy or dumb enough not to do the maths.
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- Aenon:
  Yeah tell me
  About it. Creates fud and sell…. But China govt accumulating. So it’s good for them actually
  12-10
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And selling 0.02% and stake drop from 24.01% to 23.99% should not be considered 'slashing'!</p>\n<p>This is one of the main counter China govt or their investment vehicle don't own much of. So I forsee more buying from them. China would not think twice to buy tencent or buy that 23.99% if they willing to sell. :)&nbsp;&nbsp;</p>\n<p>Drop more please I will DCA in.</p>\n<p>Not Financial Advice and DYOR.</p>\n<p>Disclaimer : I proudly own tencent stocks but not enough of it.&nbsp;</p></body></html>","htmlText":"<html><head></head><body><a href=\"https://ttm.financial/S/00700\">$TENCENT(00700)$&nbsp;</a><v-v data-views=\"1\"></v-v>&nbsp;\n<p><br></p>\n<p>Nothing wrong selling. And selling 0.02% and stake drop from 24.01% to 23.99% should not be considered 'slashing'!</p>\n<p>This is one of the main counter China govt or their investment vehicle don't own much of. So I forsee more buying from them. China would not think twice to buy tencent or buy that 23.99% if they willing to sell. :)&nbsp;&nbsp;</p>\n<p>Drop more please I will DCA in.</p>\n<p>Not Financial Advice and DYOR.</p>\n<p>Disclaimer : I proudly own tencent stocks but not enough of it.&nbsp;</p></body></html>","text":"$TENCENT(00700)$ Nothing wrong selling. And selling 0.02% and stake drop from 24.01% to 23.99% should not be considered 'slashing'! This is one of the main counter China govt or their investment vehicle don't own much of. So I forsee more buying from them. China would not think twice to buy tencent or buy that 23.99% if they willing to sell. :) Drop more please I will DCA in. Not Financial Advice and DYOR. 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From now till next year I predict it will move up to $500 range and consolidate from there","text":"I don’t think Tencent will drop much. From now till next year I predict it will move up to $500 range and consolidate from there","html":"I don’t think Tencent will drop much. From now till next year I predict it will move up to $500 range and consolidate from there","likeSize":1,"commentSize":1,"subComments":[{"id":380143357661544,"commentId":"380143357661544","gmtCreate":1733836425888,"gmtModify":1733836430900,"authorId":4096954397979090,"author":{"id":4096954397979090,"idStr":"4096954397979090","authorId":4096954397979090,"name":"Aenon","avatar":"https://static.tigerbbs.com/5f68c79feb70bd0e2aba2d7aec25d3e0","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-3","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Legendary Trader","description":"Total number of securities or futures transactions reached 300","bigImgUrl":"https://static.tigerbbs.com/656db16598a0b8f21429e10d6c1cb033","smallImgUrl":"https://static.tigerbbs.com/03f10910d4dd9234f9b5702a3342193a","grayImgUrl":"https://static.tigerbbs.com/0c767e35268feb729d50d3fa9a386c5a","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2022.11.15","exceedPercentage":"93.15%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"hat":"https://static.tigerbbs.com/4c5ceab71416b120bab4604c0754b52a","crmLevel":7,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":379748260049200,"objectIdStr":"379748260049200","type":1,"supId":379867980996688,"supIdStr":"379867980996688","prevId":0,"prevIdStr":"0","content":"Yeah…. I am looking to accumulate more actually for long term. Just came back from China….🇨🇳 so walked the ground like Philips Fisher..","text":"Yeah…. I am looking to accumulate more actually for long term. Just came back from China….🇨🇳 so walked the ground like Philips Fisher..","html":"Yeah…. I am looking to accumulate more actually for long term. Just came back from China….🇨🇳 so walked the ground like Philips Fisher.."}],"verified":10,"allocateAmount":0,"commentType":"hot","coins":0,"score":0},{"id":380026921353400,"commentId":"380026921353400","gmtCreate":1733805560062,"gmtModify":1733808383915,"authorId":4131703342800552,"author":{"id":4131703342800552,"idStr":"4131703342800552","authorId":4131703342800552,"name":"neo26000","avatar":"https://community-static.tradeup.com/news/11d50ec0d6202770a8629aa7f06a5d4f","vip":1,"currentWearingBadge":{"badgeId":"9427a906234c4b18a82ec3d7730b7fa8-1","templateUuid":"9427a906234c4b18a82ec3d7730b7fa8","name":"Star Contributor","description":"Have published 3 or more picked posts, and have published at least one picked post and participated in comments within 30 days","bigImgUrl":"https://community-static.tradeup.com/news/1866dcf97a73be1c330f85862546aedc","smallImgUrl":"https://community-static.tradeup.com/news/4f5c5fa8e2c7683bb5a7fce8753ee456","redirectLinkEnabled":1,"redirectLink":"https://ttm.financial/activity/market/2023/star-contributors/","hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.11.08","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":2007},"hat":"https://static.tigerbbs.com/4c5ceab71416b120bab4604c0754b52a","crmLevel":9,"crmLevelSwitch":1,"individualDisplayBadges":[{"badgeId":"9427a906234c4b18a82ec3d7730b7fa8-1","templateUuid":"9427a906234c4b18a82ec3d7730b7fa8","name":"Star Contributor","description":"Have published 3 or more picked posts, and have published at least one picked post and participated in comments within 30 days","bigImgUrl":"https://community-static.tradeup.com/news/1866dcf97a73be1c330f85862546aedc","smallImgUrl":"https://community-static.tradeup.com/news/4f5c5fa8e2c7683bb5a7fce8753ee456","redirectLinkEnabled":1,"redirectLink":"https://ttm.financial/activity/market/2023/star-contributors/","hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.12.21","individualDisplayEnabled":1,"backgroundColor":{"dark":"#675a37","tint":"#f9ebc2"},"fontColor":{"dark":"#ffffff","tint":"#ab7a0e"},"individualDisplaySort":0,"categoryType":2007}]},"repliedAuthorId":0,"objectId":379748260049200,"objectIdStr":"379748260049200","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"The reporters just wants to sensationalize news...with words like slash. 0.02% of people are lazy or dumb enough not to do the maths.","text":"The reporters just wants to sensationalize news...with words like slash. 0.02% of people are lazy or dumb enough not to do the maths.","html":"The reporters just wants to sensationalize news...with words like slash. 0.02% of people are lazy or dumb enough not to do the maths.","likeSize":1,"commentSize":1,"subComments":[{"id":380126625976720,"commentId":"380126625976720","gmtCreate":1733836465597,"gmtModify":1733836663488,"authorId":4096954397979090,"author":{"id":4096954397979090,"idStr":"4096954397979090","authorId":4096954397979090,"name":"Aenon","avatar":"https://static.tigerbbs.com/5f68c79feb70bd0e2aba2d7aec25d3e0","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-3","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Legendary Trader","description":"Total number of securities or futures transactions reached 300","bigImgUrl":"https://static.tigerbbs.com/656db16598a0b8f21429e10d6c1cb033","smallImgUrl":"https://static.tigerbbs.com/03f10910d4dd9234f9b5702a3342193a","grayImgUrl":"https://static.tigerbbs.com/0c767e35268feb729d50d3fa9a386c5a","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2022.11.15","exceedPercentage":"93.15%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"hat":"https://static.tigerbbs.com/4c5ceab71416b120bab4604c0754b52a","crmLevel":7,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":379748260049200,"objectIdStr":"379748260049200","type":1,"supId":380026921353400,"supIdStr":"380026921353400","prevId":0,"prevIdStr":"0","content":"Yeah tell me\n<br>About it. Creates fud and sell…. But China govt accumulating. So it’s good for them actually ","text":"Yeah tell me\n<br>About it. Creates fud and sell…. But China govt accumulating. So it’s good for them actually ","html":"Yeah tell me\n<br>About it. Creates fud and sell…. But China govt accumulating. So it’s good for them actually "}],"verified":10,"allocateAmount":0,"commentType":"hot","coins":0,"score":0}],"hasMoreComment":true,"orderType":2}