Tencent Holdings Ltd (0700)

[specuvestor]

This is a 10ct stock, honestly remind investor that it is tencent. More than that don't buy.

It was called 10ct because in the past that was the cost to send a message: RMB0.10

[Drizzt]

Split dinner bills amongst wechat friends?

Send money home via wechat? (Kill western union and union pay)

Shop online with wechat acct?? Use QR for live shopping and payment???

i think just about right. lets look at it as a social circle itself. its really like another facebook if you think about it.

you can have a wechat room of this star with his/her fans.

you then chain many services to this social circle.

you can also get signals-to-ads from the data mine from this social channel.

it might be the case like how paypal is to ebay. ebay not flourishing much but paypal have become more valuable than the whole company.

[CityFarmer]

Tencent is aiming more than just those mentioned, with its application of private banking license. Maybe aiming to be a more direct competitor of Alibaba.

[Nick]

Split dinner bills amongst wechat friends?

Send money home via wechat? (Kill western union and union pay)

Shop online with wechat acct?? Use QR for live shopping and payment???

This is a 10ct stock, honestly remind investor that it is tencent. More than that don't buy.

You do realize that Tencent generated revenue of US$6.9 billion and earned a net profit of US$2.0 billion in FY 2012. This is far larger than the likes of SGX blue chips eg Keppel Corp.

[CityFarmer]

Split dinner bills amongst wechat friends?

Send money home via wechat? (Kill western union and union pay)

Shop online with wechat acct?? Use QR for live shopping and payment???

This is a 10ct stock, honestly remind investor that it is tencent. More than that don't buy.

You do realize that Tencent generated revenue of US$6.9 billion and earned a net profit of US$2.0 billion in FY 2012. This is far larger than the likes of SGX blue chips eg Keppel Corp.

Sharing the following article, as add-on to Nick's post. Tencent is not a penny stock, but a stock worth as much as Facebook in MC...

Tencent market cap tops US$100b on China Internet growth

HONG KONG — Tencent Holdings’ market value surpassed US$100 billion (S$126 billion) on Monday, bringing it within striking distance of Facebook as the company capitalises on China’s explosion in using the Internet to chat and play games.

Tencent closed up 2.5 per cent at HK$421.20 in Hong Kong yesterday, lifting its market value to HK$782.8 billion (S$127.3 billion).

That also places the company, which went public in 2004, among the ranks of six others listed on Hong Kong’s benchmark index, including PetroChina and China Mobile, valued above that level.

It trails a handful of technology companies worldwide, including Apple, Google, Microsoft and Samsung Electronics.

Facebook closed at US$44.31 on Friday, giving it a market capitalisation of US$107.9 billion.
...
http://www.todayonline.com/business/tenc...net-growth

[Nick]

Tencent Buys $448 Million Stake in Sohu Unit to Win Users
By Lulu Yilun Chen - Sep 17, 2013 10:32 AM GMT+0800

http://www.bloomberg.com/news/2013-09-16...users.html

[CityFarmer]

An un-expected "drive" for the popularity of WeChat in China.

Online crackdown gives mobile-messaging app a boost in China

BEIJING — Even before Beijing’s campaign against online rumours accelerated, Sina’s popular Twitter-like microblogging service Weibo was losing ground to Tencent Holdings’ WeChat mobile messaging service.

The WeChat app began as a way for users to chat with each other for free on smartphones, but it quickly ballooned into a full-scale social network. While Weibo users usually must have a large number of followers to get responses to posts — which are broadcast publicly — on WeChat, users can directly chat with groups of friends, or comment on photographs.

Despite investor hopes, which have pushed Sina’s share price up 40 per cent since April, others question how many people will continue to use Weibo if the crackdown on rumours continues.
...
http://www.todayonline.com/chinaindia/ch...oost-china

[CityFarmer]

Alibaba joins the bandwagon for messaging app. Alibaba and Tencent are becoming direct competitor, with new ventures stepping into other's turf...

Alibaba messaging app to challenge Tencent’s WeChat for China’s eyeballs

HONG KONG — Alibaba Group, the largest e-commerce company in China, is offering an instant-messaging app as it tries to compete against Tencent’s WeChat in the world’s biggest smartphone market.

The app, called Laiwang, allows users to form group chats with as many as 500 people and share maps, videos and stickers, according to Alizila, a website run by Alibaba. It has about one million existing users and the company wants to boost that to 100 million.

Alibaba’s competition with Tencent comes as smartphone shipments in China are projected to rise to 450 million units next year from 360 million this year, according to International Data Corp. Bloomberg data shows that more than 84 per cent of China’s Internet users regularly access instant messaging, making it the most popular online application.

“Alibaba wants to gain as many access points for users as possible,” said Mr Alex Wang, a Beijing-based analyst at Internet consulting group IResearch. “Tencent has an existing advantage with WeChat and lots of users. It would be a challenge for Alibaba to compete in that sense.”

Laiwang has privacy settings for photos and a feature that deletes a message after the recipient has read it, Alizila said. BLOOMBERG
http://www.todayonline.com/tech/alibaba-...s-eyeballs

[CityFarmer]

Tencent will benefit from the recent financial reform in China, IMO. I will expect its value to increase further in the next few years if it win in the competition...

China’s Tencent brand closes in on Wal-Mart

BEIJING — Internet-services company Tencent has grown so rapidly it is now China’s most valuable listed technology brand, with a value closing in on that of global retailer Wal-Mart Stores, a report published yesterday shows.

The Tencent brand is worth about US$33.9 billion (S$42.5 billion) although it is almost unknown outside its home turf, according to an annual ranking of China’s listed companies compiled by advertising firm WPP and research agency Millward Brown.Wal-Mart was valued at US$36 billion in this year’s WPP-Millward Brown global ranking, published in May.
...
http://www.todayonline.com/tech/chinas-t...s-wal-mart

[CityFarmer]

A perfect case of a win-win between China gov and savvy mobile users in China. It enable perfect growth story in China for WeChat, and maybe outside China as well...

China’s WeChat app may be good news for users, and censors

Hot messaging app is fast gaining popularity as a news source in China, while its self-censorship and lower chance of messages going viral suits the authorities just fine

WeChat, or Weixin in Chinese, meaning “micromessage”, leapt from 121 million global monthly active users at the end of September 2012 to 272 million in just a year. It has quickly become the news source of choice for savvy mobile users in China, where a small army of censors scrub the country’s Internet of politically sensitive news and “harmful” speech.

“For me WeChat is an essential tool,” said Mr Hu Jia, a Beijing-based dissident.

Unlike popular microblogging services such as Sina Weibo, where messages can reach millions of people in minutes, WeChat allows users to communicate in small, private circles of friends, and send text and voice messages for free — a big part of its success.

“Weibo is like a public square, and Weixin is like your sitting room,” said Mr Min Jiang, an associate professor studying China’s Internet at the University of North Carolina at Charlotte.

WeChat limits the size of ordinary chatrooms to 40 people, and public pages, which users can subscribe to, can only post one message a day.
...
http://www.todayonline.com/tech/chinas-w...nd-censors