Kulmbach (www.aktiencheck.de) – Tencent stock analysis of “Der Aktionär”:
Lars Friedrich from the investor magazine “Der Aktionär” takes the share of the Internet company Tencent Holdings Ltd. in a current stock analysis. (ISIN: KYG875721634, WKN: A1138D, ticker symbol: NNND) under the magnifying glass.
Tencent obtained 8.3 billion USD from banks in February. This sum is exceptionally high even for the Chinese group. As usual with companies from the Middle Kingdom, the whole thing only came out in a roundabout way. Should investors worry about that? But on the contrary!
Bloomberg reported on the taking out of the largest offshore syndicated loan by a Chinese company since 2016, not citing a press release, but rather people who are familiar with the matter. This information policy is, however, quite common among Chinese companies.
Twelve banks should have participated in the deal, which was signed on February 4th, as is now known. In addition to Asian banks, Bank of America and JPMorgan should also be there.
The matter is not worrying. Previously, Alibaba had already obtained several billion on the capital market. The low interest rate environment enables strong companies to raise funds cheaply to expand and repay current loans. Tencent originally only wanted to raise USD 6 billion, it was said in advance. The higher sum ultimately indicates favorable conditions and the confidence of international investors in the company. Tencent remains a basic investment among the Chinese tech / Internet companies, according to Lars Friedrich from the investor magazine “Der Aktionär” in a recent stock analysis. (Analysis from 02/19/2021)
Please also note the information on the disclosure obligation in the event of conflicts of interest within the meaning of Directive 2014/57 / EU and corresponding EU regulations under the following link.
Stock exchanges Tencent share:
Tradegate share price Tencent share:
79,10 EUR +0,03% (19.02.2021, 22:26)
Hong Kong share price Tencent share:
741,00 HKD -0,87% (19.02.2021)
ISIN Tencent-Aktie:
KYG875721634
WKN Tencent Promotion:
A1138D
Ticker symbol Tencent stock:
NNND
Brief profile of Tencent Holdings Ltd .:
The Chinese internet company Tencent Holdings Ltd. (ISIN: KYG875721634, WKN: A1138D, ticker symbol: NNND) operates one of the largest and most frequented service portals in the People’s Republic. The company offers a wide range of Internet and mobile communication solutions, including the instant messaging service QQ, the online portal QQ.com, a games platform, a multimedia social network service and a Chinese online community.
The company’s aim is to provide users with information as well as entertainment, communication and e-commerce solutions with a large number of different media offers. The company holds a number of technology patents, including in the areas of instant messaging, e-commerce, mobile payment solutions, search engines, internet security and online games. Tencent operates the Tencent Research Institute, one of the first Chinese internet research institutes with branches in Beijing, Shanghai and Shenzhen. (02/20/2021 / ac / a / a)
Disclosure of possible conflicts of interest:
You can view possible conflicts of interest on the site of the creator / source of the analysis.
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