![\"\"](\"http:\/\/www.pgmcapital.com\/wp-content\/uploads\/2018\/07\/2000px-Tencent_Logo.png\"){kind=logo}
<\/a><\/p>\nThe company also develops software; develops and operates online games; and provides information technology, asset management, online literature, and online music entertainment services.<\/p>\n
Tencent has been credited as one of the world’s most innovative companies by numerous media and firms, including\u00a0Boston Consulting Group.<\/p>\n
The company has a primary listing on the Hong Kong Exchange under the symbol 0700.HK, and at the close of the market on Friday, July 6, 2018, the company had a\u00a0market value\u00a0of US$466 billion (HK$3.68 trillion), and is\u00a0Asia’s most valuable company.<\/p>\n
PRODUCTS & SERVICES:<\/h3>\n
Tencent is the world’s biggest investment corporation,\u00a0one of the largest Internet\u00a0and technology companies, one of the biggest venture capital firms, and the largest and most valuable gaming (Tencent Games) and social media company.<\/p>\n
Its many services include\u00a0social network,\u00a0music,\u00a0web portals,\u00a0e-commerce,\u00a0mobile games,\u00a0internet services,\u00a0payment systems,\u00a0smartphones, and\u00a0multiplayer online games, which are all among the world’s biggest and most successful in their respective categories.<\/p>\n
Tencent controls hundreds of\u00a0subsidiaries\u00a0and\u00a0associates\u00a0in numerous\u00a0industries\u00a0and areas, creating a broad portfolio of ownerships and investment across a diverse range of businesses including\u00a0e-commerce,\u00a0retail,\u00a0video gaming,\u00a0real estate,\u00a0software,\u00a0virtual reality,\u00a0ride-sharing,\u00a0banking,\u00a0financial services,\u00a0fintech,\u00a0consumer technology,\u00a0computer technology,\u00a0automobile,\u00a0film production,\u00a0movie ticketing,\u00a0music production,\u00a0space technology,\u00a0natural resources,\u00a0smartphones,\u00a0big data,\u00a0agriculture,\u00a0medical services,\u00a0cloud computing,\u00a0social media,\u00a0IT,\u00a0advertising,\u00a0streaming media,\u00a0artificial intelligence,\u00a0robotics,\u00a0UAVs,\u00a0food delivery,\u00a0courier services,\u00a0e-book,\u00a0internet services,\u00a0education\u00a0and\u00a0renewable energy.<\/p>\n Tencent is the largest company in China by market valuation, currently near US$ 500 billion. It is also China’s largest provider of online music, video and literature, and has the largest mobile web browser and app store in China.<\/p>\n Tencent WeChat mobile platform, which has more than 1 billion users.<\/p>\n WeChat is a multipurpose messaging and social media app. It also serves as a payment system, with numerous other functions and platforms.<\/p>\n On May 16, 2018, the company reported its Q1-2018 financial results<\/a> with the following highlights:<\/p>\n Below chart shows the all-time performance of the shares of Tencent.<\/p>\n In January 2018, Tencent and\u00a0The Lego Group, the world’s largest toy company, are teaming up to jointly develop online games and potentially a social network aimed at children.<\/p>\n In March 2018, Tencent acquired a 5% stake in\u00a0Ubisoft\u00a0from\u00a0Vivendi,\u00a0and in May 2018 it acquired a majority stake in the New Zealand company\u00a0Grinding Gear Games, the developers of the game\u00a0Path of Exile<\/i>.<\/p>\n Based on the above we have initiated our coverage of the shares of Tencent, with a STRONG<\/strong>\u00a0BUY<\/strong>\u00a0rating.<\/p>\n Last but not least, before taking any investment decision, always take your investment horizon and risk tolerance into consideration and keep in mind that; share prices don\u2019t move in a straight line, that Past Performance Is Not Indicative Of Future Results and that technology stocks and stocks of emerging markets, experience a higher volatility than the ones of develop market big-caps.<\/p>\n Yours sincerely,<\/p>\n Eric Panneflek<\/p>","protected":false},"excerpt":{"rendered":" Dear PGM Blog reader, In this weekend blog article, we want to take the opportunity to discuss with you, why Investing in Tencent, can be lucrative for growth investors. INTRODUCTION: Tencent Holdings Limited\u00a0is a Chinese multinational investment\u00a0holding conglomerate, incorporated on November 19, 1989, and headquartered in Shenzhen, the People’s Republic of China. The company, provides[…]<\/a><\/p>\n","protected":false},"author":2,"featured_media":17390,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[51],"tags":[],"class_list":["post-17369","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-pgm-capital-blog"],"_links":{"self":[{"href":"https:\/\/www.pgmcapital.com\/nl\/wp-json\/wp\/v2\/posts\/17369","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pgmcapital.com\/nl\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pgmcapital.com\/nl\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pgmcapital.com\/nl\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pgmcapital.com\/nl\/wp-json\/wp\/v2\/comments?post=17369"}],"version-history":[{"count":26,"href":"https:\/\/www.pgmcapital.com\/nl\/wp-json\/wp\/v2\/posts\/17369\/revisions"}],"predecessor-version":[{"id":17404,"href":"https:\/\/www.pgmcapital.com\/nl\/wp-json\/wp\/v2\/posts\/17369\/revisions\/17404"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pgmcapital.com\/nl\/wp-json\/wp\/v2\/media\/17390"}],"wp:attachment":[{"href":"https:\/\/www.pgmcapital.com\/nl\/wp-json\/wp\/v2\/media?parent=17369"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pgmcapital.com\/nl\/wp-json\/wp\/v2\/categories?post=17369"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pgmcapital.com\/nl\/wp-json\/wp\/v2\/tags?post=17369"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}<\/a><\/p>\nPGM CAPITAL ANALYSIS & COMMENTS:<\/h3>\n
<\/a><\/p>\nQ1-2018 Financial Results:<\/h4>\n
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<\/a><\/p>\nInvestments done YTD:<\/h4>\n
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