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Before you buy stock in Tencent, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Tencent wasn’t ...
Tencent reported its third-quarter results after market hours on Wednesday, revealing that it managed to grow revenue by 8% year over year in the period to over 167 billion yuan ($23.1 billion).
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Chinese gaming giant Tencent Holding Ltd (OTC:TCEHY) reported fiscal third-quarter 2024 results Wednesday. Revenue grew 8% year-on-year to $23.9 billion (CNY 167.19 billion), quashing the analyst ...
Tencent Music, a subsidiary of Tencent in which Tencent owns a 52.5% stake, trades at 13 times forward earnings despite having a huge amount of cash on its balance sheet and no debt.
Spoiler alert: Alibaba (NYSE:BABA) is a better bet on a Chinese market recovery than Tencent (TCEHY).Source: Shutterstock But why? Both are strong stocks long term. In five years, BABA and TCEHY ...
The stock of Tencent Holdings (OTCPK:TCEHY, 30-year Financials) appears to be modestly overvalued, according to GuruFocus Value calculation.
Looking to keep its stock price moving higher, Tencent Holdings (OTCMKTS:TCEHY) announced Apr. 2 that it plans to buy back 10% of its shares. While that's good news for investors who bought ...