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2 Ways Tencent Can Grow in the Coming Years


Over the last two years, it has been difficult for Chinese companies. The continuous COVID-19 pandemic lockdown, tightening regulatory grip on major companies, among other headwinds, have impacted growth companies like Tencent Holdings Limited (OTC: TCEHY).

But despite these issues, there are good reasons to believe that Tencent can continue to grow in the long run. Here are two things that Tencent has at its disposal to keep its growth machine spinning.

Image source: Getty Images.

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Source Fool.com

Tencent Holdings Ltd. Stock

€44.25
-0.020%
With only a change of -€0.010 (-0.020%) the Tencent Holdings Ltd. price is nearly unchanged from yesterday.
Our community is currently high on Tencent Holdings Ltd. with 4 Buy predictions and 0 Sell predictions.
On the other hand, the target price of 40 € is below the current price of 44.25 € for Tencent Holdings Ltd., so the potential is actually -9.6%.
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