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How to Buy Tencent Essentially for Free

TheMotleyFool

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Longtime readers may know I think that Tencent (OTC: TCEHY) is the best company in China, and the best positioned to weather the current regulatory crackdown.

Yet I don't own any Tencent shares. That's because since I have a very long time horizon, I've decided to own Tencent through its largest shareholder Naspers (OTC: NPSNY), as well as Naspers' spinoff, Prosus (OTC: PROSY).

That's because both entities, which own a large stake in Tencent and other companies in emerging markets, began to trade at a discount to the value of their stakes in Tencent alone -- not to mention their other holdings in classifieds, food delivery, fintech, and education tech companies in developing markets.

Source Fool.com

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