We’ve Lowered Tencent’s Fair Value Estimate

Our analysts expect delayed game launches will have an impact on profits, and have adjusted their fair value estimates lower.

Kate Lin, CAIA 04.10.2021
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The Chinese government continues to work on improving social stability and economic longevity. One of its favourite targets has been the video game industry. In addition to the rule that caps minors’ weekly gaming hours to a maximum of three hours, the National Press and Publication Administration, which clears video game launches, does not grant any licenses for August.

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Securities Mentioned in Article

Security NamePriceChange (%)Morningstar Rating
Tencent Holdings Ltd495.60 HKD2.57Rating

About Author

Kate Lin, CAIA

Kate Lin, CAIA  is a Data Journalist for Morningstar Asia, and is based in Hong Kong

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