$TENCENT (00700.HK)$ Have you received the dividend of jd.com's shares?

$TENCENT (00700.HK)$ Some people
China Securities Stock Exchange fell: “You see, China is not working anymore. It's all about the Chinese government, how is it that Chinese companies should fall”
China Securities Stock Exchange Rises: “It's All Blame the Chinese Communist Party for Bailing Out the Market and Interfering in the Market”
Unbeknownst to me, without further intervention, the Chinese stock market will also be raped by the Federal Reserve and US capital, just like they did to other countries' markets around the world

Yesterday - relentless selling
Today - rocket to the moon
Tomorrow - anyone’s guess
Chinese concept stocks are often subject to external / macro environment’s pressure. But if you invest correctly, the upside can be enormous. Invest safely alright!
  $Tencent (TCEHY.US)$  $JD.com (JD.US)$ 
$BABA-W (09988.HK)$  $Hang Seng TECH Index (800700.HK)$    $NIO Inc (NIO.US)$ $Li Auto (LI.US)$  $DiDi Global (Delisted) (DIDI.US)$  $XPeng (XPEV.US)$  $NIO Inc (NIO.US)$ 
$Hang Seng H-Share Index ETF (02828.HK)$ ...

$XIAOMI-W (01810.HK)$Boil the frog in warm water, lower a few percentage points every day.

$Microsoft (MSFT.US)$ agreed to buy $Activision Blizzard (ATVI.US)$ in an all-cash deal valued at about $75 billion, using its largest acquisition by far to grab a videogame heavyweight. 
The deal, if completed, would sharply expand Microsoft’s already sizable videogame operation, adding a stable of popular game franchises including Call of Duty, World of Warcraft and Candy Crush to Microsoft’s Xbox console business and its own...

$Alibaba (BABA.US)$
$TENCENT (00700.HK)$
Tencent was using 100% of its profits on investing into startups during the past 10 years. Ends up holding shares in hundreds of companies, check who is owning Nio, Futu, Xpeng, Pinduoduo, etc.
The esitimated value for these assets are over 1.5T usd.
It is the exact same case for Baba, every single chinese startup is either tencent/baba.(not just chinese ones)
Therefore, i would argue main business for Tencent is not gamming, and the main business for Baba is not e commerce. The main business for them are inventment banks in China. Because that is the most profitable business for them. Why are they even evaluated using gaming/e-conmerce revenue? If they are evaluated this way, the valuation should close to 10x of the current one.
e-commerce bla bla bla is just non sense.

$TENCENT (00700.HK)$
Reflect investment value. In terms of the current market value, the value of the invested company in which Tencent is the first or second largest shareholder is not reflected in Tencent's market value. That is to say, even without these shares, Tencent's current stock price has little impact, but dividends can reflect the investment value.

Breaking: Mohnish Pabrai sold $Alibaba (BABA.US)$ for two reasons…
1. Tax loss harvesting
2. He concluded after buying Alibaba that he likes Prosus better (as a discounted play on $Tencent (TCEHY.US)$ )
Disclosed today via Everything Money interview

If you want to take advantage of low prices in China I think $Tencent (TCEHY.US)$ is the best bet. $Alibaba (BABA.US)$ is slightly cheaper, but Tencent is higher quality with better management imo. Both trade at ~10-12x NTM earnings if you back out investments and cash.