Tencent Holdings ADR

Hi, I really need your help. I have almost 20% invested in China in my growth portfolio.

However, this only includes the 4 shares: $BABA (-2,45%)
$1211 (-0,59%)
$BIDU (-1,28%)
$TCEHY (-0,6%)

The 20% is also a bit much for me, due to the risk that can already be mentioned, but I already see and believe in the excess return in the Chinese market. The overweight is also due to the recent strong rise in the market, which means that all 4 positions are up by around 30%.

I would like to hear your assessment as a Getquin community and what you think about the China share. A complete sale of China is currently out of the question for me, so the absolute China opponents can save their comments.

Also, which of the 4 shares should I sell? Tencent or BYD with a strong plus? Or Baidu, because it is the riskiest, or Alibaba, because it has the worst sales growth?

Thanks in advance

Reddit announced on Thursday an initial public offering on Thursday. Reddit was founded 2005 by tech founders Alexis Ohanian and Steve Huffman founded the company.

According to PitchBook Reddit has so far raised around 1.3 billion US dollars in funding to date and is targeting a market cap of 10 billion US dollars estimated.

Reddit was founded 2006 by the publishing house Condé Nast before it was 2011 was spun off as an independent company in 2011. Advancethe parent company of Condé Nastnow owns 34% of the voting rights.

The shareholders include Tencent ($TCEHY (-0,6%) ) and Sam Altman, from OpenAI.

$TCEHY (-0,6%)

Is anyone also with DKB? With me the dividend for the year 22 and 23 was canceled? Can anyone explain this?

$TCEHY (-0,6%) gave a stock dividend for $3690 (-2,32%) given. What would be the best way to add them to the portfolio? I don't see a function to add a security as a dividend.

Thank you and have a nice weekend.

Today again read an article, Tencent was allowed to release a game in China for a year again. In China, the regulation of gaming is really strict. For example, gaming is virtually forbidden for anyone under the age of 18, except from Friday to Sunday from 8 to 9 pm. Fortunately, Tencent is also very active outside of China. For example, Tencent owns the two biggest games, League of Legends and Fortnite, completely and partially, respectively. Here is a small overview of what else Tencent owns.

getquin Daily Summary 06.09.2022

Hello getquin,

the markets are moving back into the green and after a somewhat more action-packed Monday, things are a bit calmer today.

Europe🌍:

1st Porsche IPO at the end of September or beginning of October

The carmakers in Zuffenhausen and Wolfsburg have long pondered when to take Porsche public. Now they have apparently decided on late September or early October. Porsche wants to defy the poor market situation and raise new money, above all to push ahead with digitalization and electrification. The share is to be listed on the stock exchange in Frankfurt.

Read more: https://bit.ly/3qdmTlZ

🟩 $VOW (+0,78%) 195,03€ (🔼 +4,69%)

America🌏:

2. Triple H becomes Chief Content Officer of WWE

World Wrestling Entertainment Inc. has found a new content chief in wrestler Triple H, who understands the business. Whether he can apply his experience in his new job remains to be seen. But the shareholders are apparently not convinced.

Read more: https://bit.ly/3eqWQ8t

🟥 $WWE 68,02€ (🔽 -0,78%)

Asia🌏:

3. Sony and Tencent continue to buy

Both corporations continue their buying spree, investing in Elden Ring developer FromSoftware. Tencent suffers primarily from the restrictions on the gaming industry in its home market and wants to secure new formats outside of China. Sony, on the other hand, must continue to arm itself in the battle against the XBOX and Game Pass.

Read more: https://cnb.cx/3Qlja0D

🟥 $SONY (+0,27%) 76,75€ (🔽 -1,92%)

🟥 $TCEHY (-0,6%) 39,80€ (🔽 -2,57%)

Stocks of the day:

🟩 TOP $DHER (+3,89%) 44,16€ (🔼 +7,61%)

👍 A positive study by the US bank Morgan Stanley on Delivery Hero gave the sector a boost overall

🟥 FLOP $GME (+0,89%) 25,59€ (🔽 -8,50%)

👎 A new short squeeze probably does not show up and Gamestop crashes again

🟩 Most searched $ALV (+0,29%) , 169,72 (🔼 +0,66%)

🟩 Most traded $BYDDY (-0,77%) , 27,95 (🔼 +1,23%)

🟩 S&P500, 3,932.09 (🔼 +0.25%)

🟩 DAX, 12,867.33 (🔼 +0.83%)

🟩 Bitcoin ₿, 20,032.44 (🔼 +0.70%)

Time: 17:15 CEST

Joke of the Day:

How do you make a small fortune in the stock market?

.

.

.

By bringing a big one!

#MarketNews
#MarketNewsUpdate

"As part of a major strategy shift, the company has issued a soft target to divest about Rmb100 billion ($14.5 billion) of its $88 billion listed equity portfolio this year, according to two people familiar with the matter. This would be done depending on market conditions and internal profit targets."

The huge portfolio of $TCEHY (-0,6%) the companies could put pressure on the conglomerate as it goes through with its $14.5 billion sale. In January, Tencent already sold $3 billion of $9478 ,but still owns an 18.7% stake in the e-commerce company.

Madness what #tencent has built an empire

https://www.ft.com/content/5a7726d9-6c96-459b-b654-361685e7ca16

Blizzard $ATVI penetrate the mobile world:

Blizzard stock has gained 10.57% in the last 6 months. During this time there has been a lot of exciting news, both positive and negative. Most importantly, the year for Blizzard has been marked by news about Blizzard's attempt to conquer our cell phones. Here is a brief summary of the most important news around Blizzard's mobile games this year:

• Diabolo Immortal: Warcraft's first attempt to break into the mobile sector can be considered a success. The game has been dubbed by many as a successful Diabolo expansion, despite a lot of negative news around the controversial microtransactions in the game.

• Warcraft Arcane Rumble: Blizzard's second mobile launch is also announced for this year, proving how serious Blizzard is about mobile. Warcraft Arcane Rumble is a slightly less subtle attempt, #supercell ( Ttencent $TCEHY (-0,6%) ) to make competition. Arcane Rumble is scheduled for release in late 2022 and has strong similarities to Clash Royale, but already has a lot of hype.

• Warcraft mobile: Besides Warcraft Arclight Rumble, a real Warcraft game was also planned together with mobile game maker Netease. However, "the companies' collaboration ended prematurely as a result of a financial dispute." - Tech radar.

What's your opinion on Blizzard's mobile strategy? I was asked the other day why I still have quite few gaming titles in my portfolio. Moving into mobile I see (financially) as a positive for Blizzard and will be building a position in Activision via a savings plan for the next few months.

#gaming
#activision
#supercell
#gamingnews