Titanium Media App reported on September 1, two sources said that as part of a major strategic shift, Tencent has proposed a soft target to reduce its holdings of RMB 100 billion in listed companies’ stock investments this year. The specific situation will depend on market conditions and internal Profit target. After the news came out, Hang Seng Technology dived again, and Meituan fell nearly 6%. However, people familiar with the matter said that although Tencent is pushing to reduce the shareholding of large Chinese companies such as Meituan, Meituan is not a priority target for Tencent's share sale due to the strong performance of Meituan. Of course, the reduction is expected to reduce the pressure on Tencent. According to Hong Kong media reports, a Tencent spokesperson said that it did not set any target amount for the reduction; Tencent’s investment has always been aimed at creating substantial returns for the company and shareholders, rather than reaching a certain amount within any given time; Tencent also No external pressure on the portfolio. (Source: Securities Times)
media coverage
Titanium Media NetEase News Sina Technology
event tracking
- 2022-09-01 It is rumored that Tencent will reduce its holdings of 100 billion yuan in listed company stock investments this year
- 2022-03-23 Tencent Liu Chiping: Optimize the cost of loss-making business, and it is expected that the number of personnel will still increase this year
- 2021-05-20The number of paid members of Tencent Video increased to 125 million
- 2021-04-07 Tencent’s major shareholder Prosus will sell 192 million shares, cashing out more than 120 billion
- 2021-01-21 The eve of Tencent’s first stand on HK$700: Liu Chiping reduced his holdings by 400,000 shares and cashed out 250 million
This article is reprinted from: https://readhub.cn/topic/8iXiHMnjfTG
This site is for inclusion only, and the copyright belongs to the original author.