Tencent priced in China Crackdown already
$TENCENT(00700.HK$ Hey noob investors. Tencent share price already priced in the china crack down already. Thats why it fell from HKD$700 to current price. Shareprice will go up gradually when the weak hands are shake off from this money tree stock.
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BB Cafe LiveOP onglai88: time in market beats timing the market =) I got in at a very good price already
BB Cafe LiveOP onglai88: U have much to learn bro. If you had research deeper, you see foreign and local chinese institutions are buying while retail investors are panic selling.
divinepapa : I hv picked up, whether or not the multi billions earning giant (last reported usd 29b) where on earth could beat the beast even the impact of DIDI, education since their main is game and financial services. Nothing less than 500 is the minimum target.
Fat FIRE : I don't think retailer have such power to panic sell till tencent is negative 10% for the day. Such a big cap company, biggest in china, retailer can panic sell to -10%? like a joke if thats the case. (shouldnt touch already) But anyway just wait below 400 to buy. If want to buy now, just buy Alibaba. Alibaba already been punished, merely got drag down by this saga.
OptionDan : Are you refilling your portfolio for this stock?
102968938 : Important question is: what is the gaming revenue % to the total revenue? Then we would know what is the impact on the share price
patricklowck123 : got it at 440...keep my finger crossed..
Aivern : dude did u pass away