Morningstar
•
Jan 22, 2025
Tencent Holdings Limited: China Issues 136 Game Licenses in January 2025
Symbols
TCEHYSector(s)
Communication Services
Rating
Current Price
$49.22
Fair Value
Economic Moat
Stewardship
Summary
Tencent holds a prominent position in China's internet sector, with a diverse portfolio of products and services used daily by a significant portion of the population. The company is the world's largest video game publisher and owns Honor of Kings, a top-grossing mobile game globally. Tencent also operates WeChat, China's largest social media super app. WeChat is deeply integrated into the daily lives of Chinese people for communication, entertainment, shopping, and more. Beyond its offerings, Tence
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