bearish
Tencent (700 HK) To Divest Meituan (3690 HK) - Impact and Index Implications
498 Views16 Aug 2022 20:07
Tencent is said to be looking at a $20bn block sale of its stake in Meituan (3690 HK) by year end. That's a big block. Maybe a repeat of JD.com? Depending on method, there could be a big index buy.
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