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Technology Stocks : Tencent
TCEHY 80.25-0.5%Nov 4 3:59 PM EST

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From: Paul Senior10/13/2020 6:24:44 PM
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"Tencent Is the Big Gaming Winner as Huya and DouYu Agree to Merge"

finance.yahoo.com

Tencent will be a video game juggernaut. As the Chinese distributor for some of the most popular online games such as Call of Duty and PlayerUnknown's Battlegrounds, the 67.5% voting control it will exercise enhances its ability to generate even more revenue from esport streams derived from its titles.The merger is expected to close in the first half of 2021.


Stock moved up to an all-time high today. I'm using it as opportunity to cut back my position.
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