This game was launched in collaboration with Activision and received over one hundred million downloads in the first month. By innovating their products, they try to keep up with the competition.Īn example of a success they have achieved is the development of a mobile version of Call of Duty. Over 50% of the company’s employees work in research. Tencent understands the importance of innovation in the technology world. This can be a good reason to buy Tencent shares. With these products, Tencent has built a strong position in the Chinese market. This makes it easier for the company to monetize its activities.Īnother product of this company is the large internet portal QQ, which is the largest and most popular internet portal in China. Within the application, you can, for example, book flights and buy products. WeChat is the most popular chat application in China, and with TenPay, you can also make payments. Their other core business is social media. Through some popular games, the company has grown to become one of the largest gaming companies in the world. The company’s headquarters are located in Shenzhen, although the company is officially registered in the Channel Islands. Along with Apple, Alphabet (Google), Microsoft, and Amazon, Tencent is one of the largest companies in the world. The Chinese company Tencent, founded in 1998, is officially called Tencent Holdings Ltd. If you choose the US stock exchange, the exchange rate of the dollar plays an important role in your results. You can also invest in Tencent through the US stock exchange. The exchange rate of the Hong Kong dollar then affects your investment results. Before buying the stocks, you first exchange your currency for Hong Kong dollars. Tencent’s stocks are listed on the Hong Kong stock exchange. When investing in China, it is essential to pay attention to the exchange rate. However, these developments do limit future growth, and it is wise to be aware of this. However, the effects of these tensions are limited, as the majority of Tencent’s revenue comes from China. It is therefore important to keep an eye on the competition when you consider an investment in Tencent shares.
Tencent faces a lot of competition, both from Chinese and foreign parties.
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A similar incident was seen in India, where a border conflict led to the blockade of a series of Chinese applications. The difficult relationship between America and Tencent also adds to the risks: the US government could block various Tencent services, which would not be beneficial to the company’s profitability. The Chinese government also closely monitors the content that can be shared on Tencent’s platforms, which makes it difficult for the company to break through internationally. The Chinese government is increasingly imposing restrictions on the amount of time children can spend on gaming platforms. Moreover, the Chinese government is not always predictable: they could block parts of Tencent overnight.Ī significant portion of Tencent’s revenue comes from gaming. Governments, for example, ask more questions about privacy issues, and regulations are becoming increasingly strict. Technology companies worldwide are facing increasing political pressure. Investing in Tencent stocks is not entirely without risks. What are the risks of investing in Tencent stocks? Political pressure The company’s advertising revenue is growing rapidly, and if the trend continues, they can take more advertisers away from Baidu. Tencent has a solid financial foundation, which means the company is unlikely to encounter problems quickly. This makes the company somewhat less susceptible to political and economic developments in the Chinese market. Unlike many other Chinese tech companies, Tencent is also active in America, Europe, and other parts of Asia.
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Tencent’s software program is therefore diverse, which makes an investment attractive. It is possible to book a taxi within WeChat.Many WeChat users see the search engine Baidu as unnecessary, since you can use many services within WeChat: WeChat ‘steals’ many users from the major competitor, Baidu. The chat application, which is sometimes compared to WhatsApp, has more than a billion users. Tencent has built a dominant position in the Chinese market with WeChat. In addition, the internet is a growing sector, and Tencent has built a strong position with WeChat. Investments in China can therefore be profitable.
Investing in Tencent can be appealing! China is an emerging economy with a growing internal market. In the table below, you can see the stock prices of Tencent for the last 5 days: What makes investing in Tencent shares interesting? China is a growing market Stock prices of Tencent over the last 5 days Tencent company informationīelow, you can find the most essential company information for Tencent. For more information, visit /trading/fees.
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