$TENCENT.HK$ Given the evergrande incident, there are murmurs that this would set off a 2008 crisis equivalent in CN. Let's look at tencent's fundamentals, gaming - if people are jobless and stuck at home, should go up? WeChat - CN is not going to open their country to WhatsApp and telegram, Tencent still holds the market monopoly on a super app. 20x PE probably factors in the mkts sentiment on the govt regs. Would like to know your target px-es (based on fundamentals).
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