Tencent: Recent Blacklist May Provide An Attractive Entry Point For Politically Neutral Investors
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Tencent (TCEHY) reported strong revenue growth in 3Q24, with an 8.13% year-over-year increase. Despite geopolitical tensions and being added to the US Chinese military blacklist, Tencent continues to show robust growth and operational excellence.
January 08, 2025 | 10:30 am
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Tencent (TCEHY) reported strong revenue growth in 3Q24, but faces challenges due to being added to the US Chinese military blacklist, affecting its valuation and investor sentiment.
Tencent's addition to the US Chinese military blacklist is a significant regulatory challenge, likely affecting its stock price negatively in the short term. However, its strong revenue growth and operational performance may mitigate some negative impacts.
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