What are your thoughts on Tencent?

Hi there anon, Tencent announced its 2021 first-quarter earnings on Thurs, 20 May.

Total revenue for the quarter grew 25% year-on-year to RMB 135.3 billion with all business segments seeing growth. Net profit, meanwhile, rose 22%.

It was a decent quarter overall.

Ma Huateng, chairman and CEO of Tencent, said that going forward, the company is stepping up its investment in areas including business services and enterprise software, high-production-value games, and short-form video. It may cause a dip in the operating margins for the short-term, but the investments are something the company believes will deliver high returns in the long run.

It'll be interesting to watch how the investments pan out. There's also optionalities for Tencent to grow with the investments, on top of its already-growing businesses. ​​​

Solid company with huge moats. Basically a monopoly. I wrote a piece on Tencent before.

Best way is to expose them via an ETF if you don't understand how to evaluate individual stocks. Good luck!