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Tencent loses $143B in market value

bloomberg.com

41–50 of 84 posts

Re: Tencent loses $143B in market value

#41

Good riddance. Tencent is closely associated with the corrupt Chinese government. Better that it fall and cripple the governments effort to censor all

Can you cite a government who is not corrupted?

It's not binary. I can name _many_ governments far less corrupt than China. Humans will always be corrupt to some degree; the amount and type of corruption present in a government is what makes all the difference.

Re: Tencent loses $143B in market value

#43
post #21

Sounds like it's opportunity to buy on the dip.

The Chinese stock market drop is due to underlying economic weakness, debts, tariffs, and capital flight. This will run for at least 10 years

We've banned this account for using HN for nationalistic battle.

Please don't create accounts to break the site guidelines with. It will eventually get your main account banned as well.

https://news.ycombinator.com/newsguidelines.html

Re: Tencent loses $143B in market value

#44
post #37
post #20

Earlier quoted context omitted.

>Miniclip - majority stake Now that's a name I haven't heard in a long time. I wasn't even aware that they were still around, but apparently they are.

major flashbacks to bush's white house shootout. i wonder if they still host all the old games? honestly i wonder about the flash games sites in general. what happens when flash finally gets brought behind the barn?

Flashpoint has been organizing an archive that bundles in the standalone flash player.

Re: Tencent loses $143B in market value

#45
post #21

Sounds like it's opportunity to buy on the dip.

Sure, they're a pretty successful company. I bet it's a decent buy long term.

Though, if you use ethics in some form to guide your investment choice, you may want to consider whether supporting creators of social credit systems conflicts with your ethics. Maybe it doesn't, but.. it's worth consideration if you are guided by such things.

Re: Tencent loses $143B in market value

#46

Earlier quoted context omitted.

Bloomberg News is low quality news. Don't read them unless you want to be misinformed. They're copy paste jobs from other low quality news.

What would you recommend, instead?

Financial Times. The WSJ is mostly accurate but you have to watch out for some things (ignore the entire editorial section, for instance).

Re: Tencent loses $143B in market value

#47
post #20

Earlier quoted context omitted.

While this is true, Tencent also owns major shares in a ton of the games that might be considered among the most popular, as well as minor shares in many of the companies they don't control. Arena of Valor, most popular mobile MOBA game; 80m daily players as of Dec 2017 and I believe it's currently the biggest game worldwide despite mostly being popular in China (I think there are even stories of politicians delaying…

>Miniclip - majority stake Now that's a name I haven't heard in a long time. I wasn't even aware that they were still around, but apparently they are.

Anyone play their mining game where you are a drill?

Re: Tencent loses $143B in market value

#48
post #47
post #20

Earlier quoted context omitted.

>Miniclip - majority stake Now that's a name I haven't heard in a long time. I wasn't even aware that they were still around, but apparently they are.

Anyone play their mining game where you are a drill?

omg motherload. memories <3

Re: Tencent loses $143B in market value

#49
post #43

Earlier quoted context omitted.

The Chinese stock market drop is due to underlying economic weakness, debts, tariffs, and capital flight. This will run for at least 10 years

We've banned this account for using HN for nationalistic battle. Please don't create accounts to break the site guidelines with. It will eventually get your main account banned as well. https://news.ycombinator.com/newsguidelines.html

You know their real account? How? (Just interested :))
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