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Tencent Holdings (SEHK:700) Valuation Check After Geopolitical Tensions Hit Emerging Market Tech Stocks
Geopolitical shock hits Tencent shares
Emerging market stocks came under pressure after the US ordered a blockade of the Strait of Hormuz following failed peace talks with Iran, and Tencent Holdings (SEHK:700) was among the technology names caught in the broad selloff.
See our latest analysis for Tencent Holdings.
At a share price of HK$517.0, Tencent’s 1 day share price return of 3.61% contrasts with a 30 day share price return decline of 6.00% and a year to date share price return decline...