Tencent Holdings: China’s “One Foot, One Punch, One Inch” Initiative Undermines Tencent.
Follow Antya Investments Tencent Holdings (700 HK) along with Alibaba Group Holding (BABA US) has been a leading light in the emergence of China as a formidable Internet economy. Investors have been handsomely rewarded for their faith in both. Nonetheless, in ANTYA’s view, BABA will outperform Tencent going forward, given the changes implemented by the […]