bullish

Tencent

Tencent (700 HK): An Accounting Incentive of Giving Away JD.com Shares

638 Views23 Dec 2021 15:43
Tencent will distribute most of its JD.com shares as dividend. We believe Tencent does this to save its EPS. We believe the company will has an upside of 35% for the year end 2022.
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Ming Lu
Overseas Chinese Equities
Aequitas Research
ChinaInformation TechnologyEquity Bottom-UpThematic (Sector/Industry)
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