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In this video we go over the rise and fall of the Chinese technology giant Tencent. At their peak in 2021 their market cap reached within striking distance of $1 trillion. Since then their stock has lost more than 70% of its value and there are questions about the company's long-term prospects given the unpredictable nature of China's regulatory environment.
0:00 - 1:50 Intro
1:51 - 3:09 Policygenius
3:10 - 4:58 QQ messaging app
4:59 - 6:48 QQ games
6:49 - 7:43 Original Tencent games
7:44 - 9:28 WeChat
9:29 - 11:20 Acquisition spree
11:21 - 13:10 Regulatory crackdown
13:11 - 14:34 Financial performance
14:35 Future outlook
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All materials in these videos are used for educational purposes and fall within the guidelines of fair use. No copyright infringement intended. If you are or represent the copyright owner of materials used in this video and have a problem with the use of said material, please send me an email, wallstreetmillennial.com, and we can sort it out.
#Wallstreetmillennial #tencent #china
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Buddha by Kontekst https://soundcloud.com/kontekstmusic
Creative Commons — Attribution-ShareAlike 3.0 Unported — CC BY-SA 3.0
Free Download / Stream: http://bit.ly/2Pe7mBN
Music promoted by Audio Library https://youtu.be/b6jK2t3lcRs
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In this video we go over the rise and fall of the Chinese technology giant Tencent. At their peak in 2021 their market cap reached within striking distance of $1 trillion. Since then their stock has lost more than 70% of its value and there are questions about the company's long-term prospects given the unpredictable nature of China's regulatory environment.
0:00 - 1:50 Intro
1:51 - 3:09 Policygenius
3:10 - 4:58 QQ messaging app
4:59 - 6:48 QQ games
6:49 - 7:43 Original Tencent games
7:44 - 9:28 WeChat
9:29 - 11:20 Acquisition spree
11:21 - 13:10 Regulatory crackdown
13:11 - 14:34 Financial performance
14:35 Future outlook
Sign up to our daily newsletter for free: https://wallstreetmillennial.com/newsletter
Email us: Wallstreetmillennial @gmail.com
Support us on Patreon: https://www.patreon.com/WallStreetMillennial?fan_landing=true
Check out our new podcast on Spotify: https://open.spotify.com/show/4UZL13dUPYW1s4XtvHcEwt?si=08579cc0424d4999&nd=1
All materials in these videos are used for educational purposes and fall within the guidelines of fair use. No copyright infringement intended. If you are or represent the copyright owner of materials used in this video and have a problem with the use of said material, please send me an email, wallstreetmillennial.com, and we can sort it out.
#Wallstreetmillennial #tencent #china
––––––––––––––––––––––––––––––
Buddha by Kontekst https://soundcloud.com/kontekstmusic
Creative Commons — Attribution-ShareAlike 3.0 Unported — CC BY-SA 3.0
Free Download / Stream: http://bit.ly/2Pe7mBN
Music promoted by Audio Library https://youtu.be/b6jK2t3lcRs
––––––––––––––––––––––––––––––
Sidenote: They did not buy Epic games. Tencent acquired a 40% stake in Epic for more than $300 million in 2013 in Epic Games. Founder and CEO Tim Sweeney maintains a majority ownership.
<Useful information! Thank you for sharing this info. Also, You know you could work for 40yrs to have $1M in your retirement, meanwhile some people are putting thousands of dollars in a meme coin and now they are multimillionaires. Things probably will get back to normal trends
Gaming causes nearsightedness? What garbage. Citation needed.
iT IS FAIR TO CALL SOME cHINESE COMPANY'S COPY CATS ESPECIALLY WHEN THEY GO OUTSIDE OF COPYRIGHT
I have options on Ali Baba expiring in 2024. I was going to buy Tencent
The great firewall of China have existed since as early as 2002.
I wouldn't touch anything withing the grasp of the CCP.
"We all hope we never need life insurance" huh? Pretty sure no one here is hoping for immortality or dying alone.
Dude, they are not wrong though, video games are not the same as opium, they are more addictive, and worse because they are target at kids
If they own LoL, not only will they not have any financial trouble, but comparing it to opium may not be an overstatement lol
Tencent typical Chinese copycats.
F*** em
The fall is due to politics. Tencent will be likely militarized and nationalized by the Party and PLA soon.
I pay for YouTube premium NOT to watch ads. Why waste my time with sponsor bs?
League of legends and finance. It cant get better than this
They are now only worth 10 cent
They saw the future back then. Now, who knows what they can see that we can't.
the exchange rate is kill the stock price too, coz hkd is linked to usd directly, so it appreciated a lot compare to chinese yuan, which is the primary income of tencent
Guys like Jeremy from Financial Education were pumping Chinese stocks hard before The pandemic like Alibaba and a few others. I bought into the hype the quickly realized that I wasn’t actually buying any of those stocks since the CCP doesn’t allow it. I figured since the communists don’t care about my capitalist dollars that cashing out my investments was the best thing to do even while the stocks continued to soar. So glad I got out in time. Many people lost their shirts investing in Chinese stocks following the youtubers that don’t give financial advice but surely lead you astray if you don’t do your own due diligence.
I do love league of legends
Amazing reporting. Relevant, concise, moving. Impressive.
The problem is that we don't know what we buy. Chinese ADRs are shells incorporated in Panama. Books are not open to USA auditors. If we buy NIO( car) on the Hong Kong Stock exchange in the USA ADR can be secured against a wheel. I suspect that Chinese ADRs are financial vehicles created to suck out $ from the USA investors. I got burned on Alibaba and I will never again invest in Chinese ADRs.
Great strategy, jus copy successful shit from overseas. Typical Chinese behavior
You're telling me Tencent is underreported by the Media? Really?
As if Tencent is under-reported…
One thing is wrong google pulled out of China now their trying to get back in
And I love WeChat
Tencent is treaky things are hard when you have the Communist party on your neck
anybody that invests in chinese companies is just insane in my view.
Rip pubg
Tencent is too good to fail
Having every citizen on the same social media and payment platform is the surveillance state's wet dream. As such Tencent will not be allowed to fail by the CCP.