To start comparing quotes and simplify insurance-buying, check out Policygenius: Policygenius.com/wallstreetmillennial . Thanks to Policygenius for sponsoring this video!
Basically they stole everything from foreign applications and use it for free and made pennies from every user. Without them having a source to steal from, they'd be nothing. This is quite the business model. Piracy. They didn't even pay any licensing or royalties to the original plagiarized developers. They kept stealing ideas and technologies of online payments and voice recognition and messaging so 0 cost of development and can afford to give for free and 100% profit . So ccp reaped back all the money westerners saved by using them for cheap manufacturing
Sidenote: They did not buy Epic games. Tencent acquired a 40% stake in Epic for more than $300 million in 2013 in Epic Games. Founder and CEO Tim Sweeney maintains a majority ownership.
the title was deceiving, i knew that there was something wrong with the title which talks about a (fall) but if your stock plummeted it doesn't mean you are dead ... this is only the stock market ... they still have 1.3 billion users to milk and they will find a way to do it.
the exchange rate is kill the stock price too, coz hkd is linked to usd directly, so it appreciated a lot compare to chinese yuan, which is the primary income of tencent
They also give advantages to Chinese players vs other players. I'm playing a game right now that is owned by Tencent and there are alot of pay to win and Chinese players pay about 30% less then we do on almost all purchases giving them the advantage but there are ways we deal with this but it is illegal and some of us from the US abuse the shit out of it
Yeah it has nothing to do with nationalism it’s purely business and trying to squeeze customers to pay to catch-up, most p2w mobile games are predatory and should be regulated
@@adamwallace7638 yes you are right, they should be regulated, Last Christmas season alot of players quit because Chinese accounts were getting free stuff while everyone had to pay, I wonder how this Christmas will go
Gaming, Social network, Ads is a mature business for Tencent. The person who buy Tencent supposed to know about this. The rising star is FBS and VC segment which is a hidden gems inside Tencent, I suggest you guys to study Ant financial and Cloud then comeback to look and FBS again. This is all hints i can give, i want Tencent to stay low so i have more time to acquire more ownership of this company
Interesting discussion. Regardless of whether the company is likely to recover or not, I still wouldn't invest in any Chinese company. You're not really buying equity in the company, because that would be illegal under Chinese law. You're buying a membership in an organization run by a Cayman company owned by Tencent/Nio/Alibaba/etc. In addition, China has shown that they will not allow any private company to get large enough to be a near peer player with the state. To make money on Chinese stocks, you'd have to discover the company very early and get out before it catches the ire of the state, which is almost impossible for Westerners.
There is an excellent video of Patrick Boyle about the ADRs of chinese companies. Check out the China show as well and then you would never ever buy chinese companies. They will become similar to russian shares nowadays.
Games have a negative impact to millennials and gen z ! But the amount of damage social media and targeted propogranda has created is far worse. But I can't deny the fact that currently games and e-sport has become a huge part of millennials and will continue play a huge cultural development for the future generations.
@@jp_skywalker I think they also crack down on social medias too, no wonder america likes to think they are evil, they crack down on everything that are clearly bad for society
@@KageNoTenshi tick tock was used for brainwashing their citizens with propogranda and the tick tock in west is used to promote and monotize off harmful and disgusting trends and ideals like transgender, racism and hate while harvesting users data and phone activity for the CCP. Which is seriously dangerous as many medical reports have started insta and ticktock shorten attention span and cognitive ability of it's users and develop toxic personalities and depression.
it's almost insane in china, tencent flagship game is "honor of kings" and its active daily player is more than 130 million, which is 10% of the total population in china. I saw old people playing this game on the street in china. I don't get it, I don't even see the appeal of playing this game on a phone not to mention it has F2P microtransactions that suck your wallet dry.
Where's the "fall" part? Am I missing something here? Based on the title, I thought there was going to be an exposé or news about leader incompetence or a mishandling of funds. it only showed a market correction.
I couldn’t help laughing. History has shown I wouldn’t trust any financial statements coming out of American companies and governments. 🤣🤣 Let's go, FJB and MAGAA frogs.
Also I don't think Chinese game piracy was very advanced at the time. Pretty sure they were well known for pirating older games so the incentive to create new games should still be there.
Yeah! It replaced ICQ for a lot of students, and helped with homework and group projects. Documents could be sent to each other. You could also tell who's still awake haha.
Generally you don't need life insurance after your children are grown and you are old. I had a 20 year policy that I bought when my children were born, and I was happy that I never needed it.
Tencent is heavily investing in many foreign video games. The company has many reputable IPs games, and that's a good thing. The reason Tencent investments abroad is to reduce the risks that the CPP would eventually get involved in their day to day business operations and its assets, due to the communist government is targeting video games industry and the excuse is children addiction to video games. It is obvious, it is trying to control the flow of ideas and political videos in the industy. It also noted, the CPP is concern that the citizens would go against them, and its avoiding it by reducing the influence of creativity and IPs on the basis of educational formats for the gamers.
The stock market has been a really tough one this past year, but I watched an interview on CNBC where the anchor kept mentioning " karina mattis ". This prompted me to get in touch with her, and from August 2022 till now we have been working together, and I can now boast of $540,000 in my trading portfolio.
The one that lost the most money with Tencent declines, is south Africa. naspers owns 31% of tencent, while ma huateng only owns 7%. 20% of naspers is owned by the south african government investment funds.
It doesn't help that by using any of Ten Cent products outside China, much of your online meta data (data like your phone number, your home address, your occupation, bank you use, your registration to religious and political groups etc.) gets stored in a CCP giant database in China, accessed at any time by CCP and PLA officials. Ten Cent will deny this, but it's compulsory for any Chinese IT company to allow unfettered data access of any individual (inside or outside China) to government in China. I for one thing, are uncomfortable to allow an oppressive totalitarian government to get copious data on me. It's a violation of my privacy rights as an individual, even worse than the commercial purposes set up by Apple and Google.
Given the power of the CCP to overtake Tencent whenever they care to, I'm not sure that many people on the International market would be willing to use WeChat pay. I am not interested in giving the CCP any access to my money.
I will believe that this company has fallen when I no longer see games like Nikke and Pokemon Unite being made by companies that are subsidiaries of Tencent. I really want that to happen
Iam crying in cornor. When pubg mobile was developed by Tencent Games in 2018. that was A Diamond gift for me... Now our Indian pubg version developed by Korean developer now the game totally destroyed... They're looting us....
@@EroticOnion23And what I didn't mention to you is that Tencent micro payments are very scam, you have to spend on lucky roulette wheels and the worst thing is that with each shot the price doubles exaggeratedly.
king of plagiarism and expensive micropayments (game without content and everything in literal micropayments) You instantly get bored of their games because of how monotonous their games are.
Chinese government has access to WeChat. My relatives in China don't, and tells me not to, talk about anything controversial even in our private chat group. For example recent removal Hu from party congress. They say it's being monitored.
@@havencat9337 it's has nothing to do with it you are important or not, everyone and everything going on int the app is monitored. It's not funny, just life in China.
To start comparing quotes and simplify insurance-buying, check out Policygenius: Policygenius.com/wallstreetmillennial . Thanks to Policygenius for sponsoring this video!
Basically they stole everything from foreign applications and use it for free and made pennies from every user. Without them having a source to steal from, they'd be nothing. This is quite the business model. Piracy. They didn't even pay any licensing or royalties to the original plagiarized developers. They kept stealing ideas and technologies of online payments and voice recognition and messaging so 0 cost of development and can afford to give for free and 100% profit .
So ccp reaped back all the money westerners saved by using them for cheap manufacturing
In 2009 tencent went into the rap/music industry and experienced 500% growth and became 50cent
I like! I like!
Knowing china I can’t tell if this is a joke or not…
Sidenote: They did not buy Epic games. Tencent acquired a 40% stake in Epic for more than $300 million in 2013 in Epic Games. Founder and CEO Tim Sweeney maintains a majority ownership.
I think its extremely EARLY to call it the "fall of Tencent". Not even close
How much Tencent stock do you own?
@@davidbeppler3032 I was wondering that too .
@@brooklynknite I bet he just read the title of the video, made a comment, then closed without watching it.
The stock has fallen so the title isn't wrong
Found the bagholder
anybody that invests in chinese companies is just insane in my view.
It carries a greater risk but it's not insane.
Insane is OTDE option trades.
NEVER EVER trust anything chinese!
the title was deceiving, i knew that there was something wrong with the title which talks about a (fall) but if your stock plummeted it doesn't mean you are dead ... this is only the stock market ... they still have 1.3 billion users to milk and they will find a way to do it.
Chinese tech worker work 996, I am sure they will recover soon ha
fall doesn't mean you're dead either.
Well this comment aged well 🤣
@@lfemomo77 Well this comment aged well
You're telling me Tencent is underreported by the Media? Really?
the exchange rate is kill the stock price too, coz hkd is linked to usd directly, so it appreciated a lot compare to chinese yuan, which is the primary income of tencent
I'm delighted that it goes bankrupt or continues to lose money, that company is a disease to video games and children
They also give advantages to Chinese players vs other players. I'm playing a game right now that is owned by Tencent and there are alot of pay to win and Chinese players pay about 30% less then we do on almost all purchases giving them the advantage but there are ways we deal with this but it is illegal and some of us from the US abuse the shit out of it
i think thats just about making more from richer customer.......
I mean if they can only play 3 hours a day your good lol
@@joep658 yea but there are lots of ways to bypass the system
Yeah it has nothing to do with nationalism it’s purely business and trying to squeeze customers to pay to catch-up, most p2w mobile games are predatory and should be regulated
@@adamwallace7638 yes you are right, they should be regulated, Last Christmas season alot of players quit because Chinese accounts were getting free stuff while everyone had to pay, I wonder how this Christmas will go
If they own LoL, not only will they not have any financial trouble, but comparing it to opium may not be an overstatement lol
Gaming, Social network, Ads is a mature business for Tencent. The person who buy Tencent supposed to know about this.
The rising star is FBS and VC segment which is a hidden gems inside Tencent, I suggest you guys to study Ant financial and Cloud then comeback to look and FBS again.
This is all hints i can give, i want Tencent to stay low so i have more time to acquire more ownership of this company
on more thing, Please dont invest in Tencent if you not a beliver in Papa Xi, and Uncle Ma
@@MrSiren2 Jack Ma's no longer with any company, thanks to his stunt that upset the feelings of Xi and the CCP
Interesting discussion. Regardless of whether the company is likely to recover or not, I still wouldn't invest in any Chinese company. You're not really buying equity in the company, because that would be illegal under Chinese law. You're buying a membership in an organization run by a Cayman company owned by Tencent/Nio/Alibaba/etc. In addition, China has shown that they will not allow any private company to get large enough to be a near peer player with the state. To make money on Chinese stocks, you'd have to discover the company very early and get out before it catches the ire of the state, which is almost impossible for Westerners.
I was very close to investing in Ant Finance. Quite a lesson.
@@yensteel then the ccp saved u from that mistake lol.
@@TheFirebird123456 Yeah
On the other hand, companies like tencent are the only ones with potential to really go global - something that the CCP want.
There is an excellent video of Patrick Boyle about the ADRs of chinese companies.
Check out the China show as well and then you would never ever buy chinese companies.
They will become similar to russian shares nowadays.
Dude, they are not wrong though, video games are not the same as opium, they are more addictive, and worse because they are target at kids
Games have a negative impact to millennials and gen z ! But the amount of damage social media and targeted propogranda has created is far worse.
But I can't deny the fact that currently games and e-sport has become a huge part of millennials and will continue play a huge cultural development for the future generations.
@@jp_skywalker I think they also crack down on social medias too, no wonder america likes to think they are evil, they crack down on everything that are clearly bad for society
@@KageNoTenshi tick tock was used for brainwashing their citizens with propogranda and the tick tock in west is used to promote and monotize off harmful and disgusting trends and ideals like transgender, racism and hate while harvesting users data and phone activity for the CCP.
Which is seriously dangerous as many medical reports have started insta and ticktock shorten attention span and cognitive ability of it's users and develop toxic personalities and depression.
@@jp_skywalker didn’t they make some america company buy all their business inside America or that didn’t fell through?
it's almost insane in china, tencent flagship game is "honor of kings" and its active daily player is more than 130 million, which is 10% of the total population in china. I saw old people playing this game on the street in china. I don't get it, I don't even see the appeal of playing this game on a phone not to mention it has F2P microtransactions that suck your wallet dry.
Where's the "fall" part? Am I missing something here? Based on the title, I thought there was going to be an exposé or news about leader incompetence or a mishandling of funds. it only showed a market correction.
its called clickbait
😂 I couldn’t help laughing. History has shown I wouldn’t trust any financial statements coming out of Chinese companies.
I couldn’t help laughing. History has shown I wouldn’t trust any financial statements coming out of American companies and governments. 🤣🤣 Let's go, FJB and MAGAA frogs.
@@sealtrader LOL.. Bear Stearns, Lehman Brothers, WorldCom, Enron, Fannie Mae, Freddie Mac, Washington Mutual.... we can go on and on.
@@sealtrader who's asking you to?
You must be rich now ?
I don't need history to know u know nothing about financial statements.
You guys remember the luckin coffee scam ? Cooking financial statements. I just don’t see how people can put their money there
They saw the future back then. Now, who knows what they can see that we can't.
4:12 wasn't MSN used a lot by the younger generation though? I'm pretty sure I used it a ton when I was a kid.
Also I don't think Chinese game piracy was very advanced at the time. Pretty sure they were well known for pirating older games so the incentive to create new games should still be there.
@@ktktktktktktkt maybe in the early days of msn it was used by companies but yeah defiantly a throw back to childhood for me
Yeah! It replaced ICQ for a lot of students, and helped with homework and group projects. Documents could be sent to each other. You could also tell who's still awake haha.
Communist Red China is truly a scary place when they can limit the time kids spend playing video games, by facial regulation.
This is a very high demand stock among investors. Monish Pabrai is its biggest admirer.
Life insurance is the biggest scam ever. There will be 100 reasons why you wont get your money when shit hits the fan
So we can blame Tencent for microtransactions? :@
"We all hope we never need life insurance" huh? Pretty sure no one here is hoping for immortality or dying alone.
Generally you don't need life insurance after your children are grown and you are old. I had a 20 year policy that I bought when my children were born, and I was happy that I never needed it.
@@warrengardner good point!
Should be titled “the rise and fall of Tencent stock (2022).
Smash The Like Button With Your FACE!!!
Is tencent really falling though? They have invested in a lot of different growing companies
Tencent is heavily investing in many foreign video games. The company has many reputable IPs games, and that's a good thing. The reason Tencent investments abroad is to reduce the risks that the CPP would eventually get involved in their day to day business operations and its assets, due to the communist government is targeting video games industry and the excuse is children addiction to video games. It is obvious, it is trying to control the flow of ideas and political videos in the industy. It also noted, the CPP is concern that the citizens would go against them, and its avoiding it by reducing the influence of creativity and IPs on the basis of educational formats for the gamers.
I wouldn't touch anything withing the grasp of the CCP.
@Wall Street Millennial thank you WSM
Who asked you to?
The stock market has been a really tough one this past year, but I watched an interview on CNBC where the anchor kept mentioning " karina mattis ". This prompted me to get in touch with her, and from August 2022 till now we have been working together, and I can now boast of $540,000 in my trading portfolio.
That's right, getting in touch with a consultant during the pandemic was how I was able to scale through the crazy stock downtrend.
That's massive. Can you please connect me with your personal broker, I would love to work with her
Like I said earlier , her name is karina mattis , and you can reach her via her website.
Just run a search on her name, and you would see all you need.
thanks for the info . found her website and it really impressive
The one that lost the most money with Tencent declines, is south Africa. naspers owns 31% of tencent, while ma huateng only owns 7%. 20% of naspers is owned by the south african government investment funds.
It doesn't help that by using any of Ten Cent products outside China, much of your online meta data (data like your phone number, your home address, your occupation, bank you use, your registration to religious and political groups etc.) gets stored in a CCP giant database in China, accessed at any time by CCP and PLA officials. Ten Cent will deny this, but it's compulsory for any Chinese IT company to allow unfettered data access of any individual (inside or outside China) to government in China. I for one thing, are uncomfortable to allow an oppressive totalitarian government to get copious data on me. It's a violation of my privacy rights as an individual, even worse than the commercial purposes set up by Apple and Google.
其实你不用太高估自己，普通人的个人信息没人感兴趣，连动机都没有，除非你在谋划什么了不起的事情。美国的大公司也在做类似的事情，美国政府的棱镜门也是，大家都在信息时代裸奔。
Given the power of the CCP to overtake Tencent whenever they care to, I'm not sure that many people on the International market would be willing to use WeChat pay. I am not interested in giving the CCP any access to my money.
🤣🤣🤣🤣I'm delighted that it goes bankrupt or continues to lose money, that company is a disease to video games and children
Tldr: no matter how good, dont invest in a chinese company, at least on the US exchanges
You misspoke. They did not acquire epic games. Tim Sweeney still has a controlling stake.
Rip pubg
Hahaha pubg tencent sucks , is better the pubg of krafton
I have options on Ali Baba expiring in 2024. I was going to buy Tencent
Lol, "inspired from mario kart", that game is a straight rip of mario kart.
As if Tencent is under-reported...
I disagree with the video title, but I think they're losing money because the consumers are more conscious about their choices in video games
This genre is getting stale, particularly when the title is clickbait
The father of micro transaction.
He really does look like Winnie the Pooh. Can’t unsee. If only he was cuddly and not a communist authoritarian.
Why do they own cod mobile wtf bro should I delete it
It all started with 50cent....
COME ON MAN copying is always the case with CHINA they can do what they want because no one stomps on them which needs done and SOON
Avoid all tencent products. That includes riot games and level infinite owned by tencent.
Why build success when you can just copy it? The Chinese motto.
China numerous forays underperforming why?
Chinese companies once thought to become world monopolies just falling like dominos nowadays
best game company right now, but jumbled up with all other crap.
Yea i thought it went bankrupt or something
Maby correct the title dude
You never do video of the fall of Meta or USA government? Or British government…
“The rise and fall of tencent’’?I feel so catfished.Bye!
Title is very misleading. I just fell victim to a clickbait…
All that money and they are not diversified beyond games and payments? Weird.
How sure are we about their past records a healthy balance sheet does no just die over a period of a year it takes time
Let’s sell all their stocks and bring the value to ten cents to match against their company name
Need you to pronounce valorant like 5 more times in videos lol :D
Nft?
I will believe that this company has fallen when I no longer see games like Nikke and Pokemon Unite being made by companies that are subsidiaries of Tencent. I really want that to happen
Tencent is a publisher. Those companies will likely keep their games up if it goes belly up and enough money comes from them
Catch phrase title, since the company is not down and out.
Gaming causes nearsightedness? What garbage. Citation needed.
There will be winners and losers in every investment.
Iam crying in cornor. When pubg mobile was developed by Tencent Games in 2018. that was A Diamond gift for me... Now our Indian pubg version developed by Korean developer now the game totally destroyed... They're looting us....
Pubg mobile sucks
"No way....!"
I'm sure health defense game will be a smash hit! (sarcasm)
Tencent is too good to fail
"Fall"
Tencent has not fallen, dafq u talking abt
all because hacker in pubg.... 🤣🤣🤣
Dun worry try to recover less than 5 years.
13:50 the clip is from Indonesia :)
1,4 bil pll, 1,3 bil users, thats legit lol
US Twenty-Five cent is better.
Is Tencent really collapsing? Big if true. Good riddance.
The EA of China!
@@EroticOnion23You're right, but more expensive, even EA even moderates its prices
@@EroticOnion23And what I didn't mention to you is that Tencent micro payments are very scam, you have to spend on lucky roulette wheels and the worst thing is that with each shot the price doubles exaggeratedly.
Don't buy Tencent stocks then.
WeChat, we spy
@Helpline十⓵⓼⓵⓺⓹⓵⓸⓵⓼⓽⓵ pak u
They are now only worth 10 cent
I do love league of legends
630 b company
Do an ftx video
F*** em
this is not the fall of tencent, but I pray it is
🙏🏻👍🏻😁
😂😂😂
Video starts at 16:35
Tencent is a big company
Big company trash🤮🤮
king of plagiarism and expensive micropayments (game without content and everything in literal micropayments)
You instantly get bored of their games because of how monotonous their games are.
League of legends and finance. It cant get better than this
One thing is wrong google pulled out of China now their trying to get back in
And I love WeChat
Chinese government has access to WeChat. My relatives in China don't, and tells me not to, talk about anything controversial even in our private chat group. For example recent removal Hu from party congress. They say it's being monitored.
@@xiphoid2011 you think you are that important that they would monitor you, huh?:)))) lol dude, go chill, no one cares, they have bigger fish to fry
@@havencat9337 it's has nothing to do with it you are important or not, everyone and everything going on int the app is monitored. It's not funny, just life in China.
iT IS FAIR TO CALL SOME cHINESE COMPANY'S COPY CATS ESPECIALLY WHEN THEY GO OUTSIDE OF COPYRIGHT
CCP behind that company
Xi is right. Playing video games is such a waste of life.
I’m sorry but I have to fix y’all word in the we chat number one in the world now 2nd Pl., Facebook is the last one in the well nobody wants
Don't make winnie the pooh angry the end i can make a 2 second demise video
I pay for UA-cam premium NOT to watch ads. Why waste my time with sponsor bs?
Why pay if you can have adblocker for free.
I know, I miss UA-cam VANCED. It would skip that crap. UA-cam Premium isn't worth past a free trial.
BYE BYE CHINA, WAS NICE KNOWING YOU