[New post] DBS: Tencent – BUY TP HK$671

alanyeo posted: " News Alert:Tencent divesting 2.6% stake in SEA and reducing voting power to below 10% Tencent entered into a transaction to divest 2.6% stake or 14.5m shares in SEA LtdManagement reasoned that the divestment provides resources to fund other investment" New post on Alpha Edge Investing DBS: Tencent – BUY TP HK$671 by alanyeo News Alert:Tencent divesting 2.6% stake in SEA and reducing voting power to below 10% Tencent entered into a transaction to divest 2.6% stake or 14.5m shares in SEA Ltd Management reasoned that the divestment provides resources to fund other investments and social initiatives Do not expect much share price reaction given the insignificant unlocked value […] Read more of this post alanyeo | January 5, 2022 at 4:47 pm | Tags: Tencent | Categories: Equities - Research Reports by Brokers/ Banks | URL: https://wp.me/p7fA1-7cU Comment    See all comments Unsubscribe to no longer receive posts from Alpha Edge Investing. Change your email settings at Manage Subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://alphaedgeinvesting.com/2022/01/05/dbs-tencent-buy-tp-hk671-2/