2021 sale to get great companies
Both $Tencent (TCEHY.US)$ and $Alibaba (BABA.US)$ are companies with a monopoly in china. Their basic infrastructure are hard to replace. They are also heavily invested in oversea companies, tencent has been buying shares of fintech companys (supercell,futu etc). Alibaba has lazada to compete agaisnt shopee. Insane value, these stock would only rise in value overtime. they would probably return to their highs in 2 years.
The main threat is delisting by the US government.
The main threat is delisting by the US government.
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B3llo : The funny thing is that no one talks abt Sea Limited EPS are in the red. Ppl just like to pay for "growth" like tesla