this is an extremely valuable analysis. Thanks! Would love a dive into Chinese banks/Fin institutions like Ping An as well!

Great analysis, thanks

Very interesting remarks, thanks Chi Keng.

Great video, just found you! You provide accurate characterization with original considerations deeply root ed in acute obssrvation of the chinese environment Been dying to find this level of content on chinese tech stocks 🥲 Keep up the great work 🙏🏻🫡

I agree Tencent MOAT is very strong I also think maybe some people fear the regulation on gaming but the CPC shows they normally regulate once and than leave alone.

Hi. I think you might want to talk more about Tencents portfolio. It really is kind of like a Berkshire. It has 14% of PDD, it also has a share of Kuaishou, it had JD, I think Meituan too. And other interesting companies like Spotify, Nio, Huya and I think some Bytedance too, among others. I’m curious about PDD, why all that suspicious. I like Baidu more than you though. I think that is the future of “robotaxis” and it’s Ernie bot llm is promising. Although I’ve also seen that Tencent launched its own llm.

@taychikeng

Ай бұрын

They've "divested" JD and Meituan, in the forms of special dividends. On Baidu, I think they've sold a good story, they just need to show it in numbers

@stevejackson1977

Ай бұрын

I also like Baidu right now. Robotaxi's have been money losing for 7 years, but should become break-even/ profitable by the end of this year. Their new Apollo RT6 is half the cost of the previous version (28,000 -34,000 USD), they are ramping up now going from 55% safety driver rides last year to 25% last month (so 75% driverless and on their way to 100%). Wuhan is now 24*7 operation and will expand from 300 to 1000 vehicle fleet. IMO this part of their business is about to scale up like crazy. Lower costs and higher returns.

any thoughts on weibo?

BBG Electronics is #1 global cellular holding company

Tencent doesnt have to expand outside China, They just need to improve the ARPU for users in the app, Also china are now a lower-mid income country, if the GDP per capita increases in china, Tencent will make much more money ( People will pay more for advertisements and subscriptions) . Also im sure that the chinese people that havent moved to the cities are not using WeChat as much so they could see an increase of hours of activity of wechat for those.

@taychikeng

Ай бұрын

Agreed. Tencent seems quite aggressive in expanding their overseas gaming biz (for obvious reasons).

@Brodragon2225

2 күн бұрын

​@@taychikeng do you think rural china is still underpenetrated

@taychikeng

Сағат бұрын

@@Brodragon2225 Wym by underpentrated? In what domain? Payments, EComm etc - they're probably even better than us (meaning Singapore)

@Brodragon2225

45 секунд бұрын

@@taychikeng i mean an underpenetrated market all over the world

one biggest uncertainty is there is an uncertainty

I think if you are looking at Xiaomi as a tech stock, you should look at BYD too.

Hi Chi Keng, what do u think of China Tourism Group (CTG DUTY-FREE). Bought some last year believing end of Covid restriction, China re-opening and growing middle class will bode well for this company. But it has tanked. I am an investor rather than a trader. Tks.

@taychikeng

Ай бұрын

Haven't really looked at them. If you can summarize CTG, what's their moat, and why you think they will be bigger and stronger in the next 5-10 years?

Thank you for sharing. Financial education is crucial today to show incredible resilience and discipline in the volatile market, masterfully balancing strategy and insight for success. This dedication to continuous learning is inspiring...managed to grow a nest egg of around 2.1BTC to a decent 15B TC in the space of a few weeks... I'm especially grateful to Linda Wilburn, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape..

@KatBecker63

Ай бұрын

Linda Wilburn program is widely available online.

@redeyesband

Ай бұрын

Trading with an expert is the best strategy for beginners and busy investor s who have little or no time to monitor their trades.

Pdd is fishy and sketchy and so are the level of things they sell. Maybe books are cooked too. We’ll see

Yzj shipbuilding is the no1 chinese stock listed in sgx. Better than all these tech cos

You missed Lenovo

Tencent is the king of Chinese tech. no need to review so many tech stocks

!

TENCENT BIG DOG. WENDY THE BEST AMERICAN RESTURANT FOR ME.

@Pal-us9uv

25 күн бұрын

You voted for Joe Biden. I can tell.

Stay out of CN stocks😂