With buyback of shares from Tencent themselves it clearly undervalue.
Tencent has limited business in the US and wonder what the ban means actually.
Overall still Believe in Tencent and the things they develop and do. Socially they are doing a lot.
I remember travelling to China back in 2010 and we have to be issued 'fa piao, or receipts' and businesses usually have to buy those 'fa Piao' books so they can be tracked taxation wise by the local authorities.
Just because US themselves lack such a widely used app like tencent which Musk is trying to emulate for X/ twitter with x money.
Just imagine the banned got overthrown by Musk and Trump after the inauguration ceremony.
*Note: DYOR and not financial advice and I hold Tencent shares after my recent China Trip. It's here is no equivalent app out there.
#tencent
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