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Are you looking to buy Tencent stocks? Chech our BAMagazine with an in-depth review, check prices, statistics and see if buying this stock is interesting right now. This article will help you buy OTC:TCEHY! and analyze the company to see if this stock might be an interesting option to invest in. We will enlighten you about Tencent stocks and how to buy and use them. Click on the button to start reading the review right now or scroll down for real time statistics about this company.
Tencent Holdings Limited, an investment holding company, provides value-added services (VAS) and Internet advertising services in Mainland China, the United States, Europe, and internationally. The company operates through VAS, FinTech and Business Services, Online Advertising, and Others segments. It offers online games and social network services; FinTech and cloud services; and online advertising services, such as media, social, and others advertisement services. The company is also involved in production, investment, and distribution of films and television programs for third parties, as well as copyrights licensing, merchandise sales, and other activities. In addition, it develops software; develops and operates online games; and provides information technology, information system integration, asset management, online literature, and online music entertainment services. The company was founded in 1998 and is headquartered in Shenzhen, the People’s Republic of China.
Average volume
3.59 million shs
MARKET CAP
$914.59 billion
Stock exchange
OTCMKTS
Buy this stock!
- Stephen Johnson
- November 6, 2021
- No Comments
How to buy Tencent stocks?
Below is a quick guide on how to buy OTC:TCEHY stocks safe, fast and around the world in less than five minutes.
Step 1: Open an account with eToro – eToro is the best broker to buy Tencent shares in the world as you won’t pay any commissions. To do this, visit the eToro website and open an account, it is 100% safe and they offer a huge amount of stocks.
Step 2: Upload your ID – As per KYC regulations eToro will ask you to upload a copy of your passport or driver’s license.
Step 3: Deposit Funds – Deposit some money into your newly created eToro account. You can choose between wire transfer, e-wallet or debit/credit card or Paypal.
Step 4: Buy Tencent – Search for “”OTC:TCEHY”” and click on the “”Trade”” button. Enter the total amount of your investment (minimum $50) and confirm the order by clicking the “”Open Trade”” button. And that’s it: you have just bought Tencent stocks with 0% commission!.
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Is Tencent a buy right now?
10 Wall Street equities research analysts have issued “buy,” “hold,” and “sell” ratings for Tencent in the last year. There are currently 1 sell rating, 1 hold rating and 8 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should “buy” Tencent stock.
What stocks does BAMagazine like better than Tencent?
Wall Street analysts have given Tencent a “Buy” rating, but there may be better short-term opportunities in the market. Some of BAMagazine’s past winning trading ideas have resulted in 5-15% weekly gains. BAMagazine just released five new trading ideas, but Tencent wasn’t one of them. BAMagazine thinks five stocks may be even better buys in the how to buy stocks guide.
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How to buy Tencent stocks step by step guide
It can be difficult to navigate through all the outdated and incorrect information related to purchasing OTC:TCEHY stocks. We believe that stocks should be accessible for all, which is why we’ve created this handy guide on where to buy Tencent stocks with a step by step approach.
Step 1: Open an Account with a Broker
You’ll need to register with a broker, in these times you can’t go without once and it’s crucial to use a regulated broker that’s allowed to operate there, otherwise, you risk losing funds. eToro is one such broker, and one of the best brokers to buy Tencent stocks with 0% comission, to sign up just click on open account in the following table or compare other options.
Step 2: Verify your Account
Because eToro is a regulated platform, you’ll need to complete the KYC process, this is standard practice and only takes a couple of minutes. You’ll need to provide a photo ID (passport, driving licence) and proof of address (utility bill, bank statement).
Step 3: Fund your eToro Account
Once you’ve signed up and verified your account, you’ll need to deposit funds. eToro accepts credit/debit cards, bank transfers, and also e-wallets. So whatever your preference there will be something for you.
Step 4: Search for Tencent stocks
Now that you’ve funded your eToro account, just type “OTC:TCEHY stocks” into the search bar at the top of the screen and press “trade”.
Step 5: Buy OTC:TCEHY
All that’s left is to buy some OTC:TCEHY stock. Simply enter the amount you want to purchase and hit the “buy” button. The amount you bought will be automatically credited to your account where you can monitor its performance.
How And Where To Buy Stocks Conclusion
All in all, OTC:TCEHY is an incredibly interesting company that has the potential to solve some major issues in the business space. After reading this guide you should know how to buy this investment using the best broker or platform. We recommend eToro to anyone looking for a regulated, easy-to-use, fully-featured broker to buy Tencent stocks. As with any broker or online platform, it’s crucial you set up 2FA when using their tools as it ensures your funds are completely safe.
When is Tencent’s next earnings date?
Tencent is scheduled to release its next quarterly earnings announcement on Wednesday, March 17th 2021.
View our earnings forecast for Tencent.
How were Tencent’s earnings last quarter?
Tencent Holdings Limited (OTCMKTS:TCEHY) issued its quarterly earnings data on Thursday, November, 12th. The technology company reported $0.42 earnings per share (EPS) for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.42. The technology company earned $18.13 billion during the quarter, compared to the consensus estimate of $17.80 billion. Tencent had a trailing twelve-month return on equity of 18.76% and a net margin of 26.91%.
View Tencent’s earnings history.
How has Tencent’s stock been impacted by COVID-19?
Tencent’s stock was trading at $49.56 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, TCEHY shares have increased by 92.5% and is now trading at $95.40.
Is Tencent a good dividend stock?
Tencent pays an annual dividend of $0.14 per share and currently has a dividend yield of 0.15%. The dividend payout ratio of Tencent is 11.57%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Tencent will have a dividend payout ratio of 6.42% next year. This indicates that Tencent will be able to sustain or increase its dividend.
View Tencent’s dividend history.
Where to Buy Tencent Stocks Broker Reviews
Launched in 2006, eToro is, in our opinion, without a doubt the best broker for buying OTC:TCEHY stocks in the world. The onboarding process is simple, it’s designed to make sure even those new to the stock market are ready to start investing the shortest amount of time possible. As a regulated platform you gain several benefits, most importantly, you know they’re not going to run off with your hard-earned money./
- eToro takes pride in keeping their customers safe, they follow strict data protection rules to keep access to sensitive information to a minimum. Any of the information you provide eToro is even protected by SSL encryption, this ensures that even if someone were to gain access to the servers all your data remains safe.
Over 95% of client funds are kept offline, in cold storage, which is crucial for any broker that manages your assets. Regardless of how secure a platform is meant to be, we recommend using 2FA to add an additional layer of security to your account.
Excellent for both new and experienced traders
eToro offers users a range of features to start investing as quickly as possible. They have a relatively unique feature called copy trading, which lets you earn a passive income by mirroring experienced traders, this allows you to start earning profit quickly, and gives you a better understanding of the strategies used by professionals. Additionally, eToro allows users to invest in managed portfolios, a managed portfolio being a variety of similar assets grouped together, allowing you to diversify your account, reducing any potential risk. For those with previous trading experience, you can invest in markets outside of stocks, as eToro allows users to trade ETFs, commodities, crypto and indices. If you already invest outside of the stock market space this can be very useful, as it allows you to manage all your investments in just one place.
What price target have analysts set for TCEHY?
10 analysts have issued 1-year price objectives for Tencent’s shares. Their forecasts range from $69.03 to $92.87. On average, they anticipate Tencent’s stock price to reach $81.03 in the next year. This suggests that the stock has a possible downside of 15.1%.
View analysts’ price targets for Tencent or view top-rated stocks among Wall Street analysts.
Who are Tencent’s key executives?
Tencent’s management team includes the following people:
Mr. Huateng Pony Ma, Co-Founder, Chairman & CEO (Age 49)
Mr. Chi Ping Lau, Pres & Exec. Director (Age 48)
Mr. Liqing Zeng, Co-Founder & Advisor Emeritus (Age 51)
Mr. Chenye Xu, Co-Founder & Chief Information Officer (Age 50)
Mr. Zhidong Zhang, Co-Founder & Advisor Emeritus (Age 49)
Mr. Yidan Chen, Co-Founder & Advisor Emeritus (Age 50)
Mr. Weibiao Zhan, Managing Director (Age 48)
Mr. Shek Hon Lo, CFO & Sr. VP (Age 52)
Mr. Yuxin Ren, Chief Operating Officer (Age 45)
Mr. Shan Lu, Sr. EVP and Pres of Technology & Engineering Group (Age 46)
Compliance
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.
Who are some of Tencent’s key competitors?
Some companies that are related to Tencent include SEA (SE), Johnson Controls International (JCI), Balfour Beatty (BAFYY), NV5 Global (NVEE), Flight Centre Travel Group (FGETF), Donnelley Financial Solutions (DFIN), COMTEX News Network (CMTX), Monitronics International (SCTY), Altisource Portfolio Solutions (ASPS), Applied DNA Sciences (APDN), Performant Financial (PFMT), Twin Vee PowerCats (TVPC), Helios and Matheson Analytics (HMNY), Generation Alpha (GNAL) and Sharing Economy International (SEIID).
View all of TCEHY’s competitors.
What is Tencent’s stock symbol?
Tencent trades on the OTCMKTS under the ticker symbol “TCEHY.”
How do I buy shares of Tencent?
Shares of TCEHY can be purchased through any online brokerage account. Popular online brokerages with access to the stock market include Interactive Brokers Review, eToro Review, DEGiro Review, AvaTrade Review, IG Markets Review, IC Markets Review, CMC Markets Review, Admiral Markets Review and many more. Read one of the reviews to find out everything about the broker and start buying stocks now.
What is Tencent’s stock price today?
One share of TCEHY stock can currently be purchased for approximately $95.40.
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How much money does Tencent make?
Tencent has a market capitalization of $914.59 billion and generates $53.57 billion in revenue each year. The technology company earns $13.50 billion in net income (profit) each year or $1.21 on an earnings per share basis.
How many employees does Tencent have?
Tencent employs 77,592 workers across the globe.
What is Tencent’s official website?
The official website for Tencent is www.tencent.com.
Where are Tencent’s headquarters?
Tencent is headquartered at Tencent Building Kejizhongyi Avenue Hi-tech Park, Shenzhen F4, 518057.
How can I contact Tencent?
Tencent’s mailing address is Tencent Building Kejizhongyi Avenue Hi-tech Park, Shenzhen F4, 518057. The technology company can be reached via phone at 86-755-8601-3388 or via email at ir@tencent.com
Stock Analysis disclaimer
At reportlab we want to help you with a detailed stock analysis, we want to remind you that the data provided on this website is not necessarily entirely current or accurate. The data and quotes on the website are not always provided by a market or exchange, but may also come from market makers. Therefore, the quotes may not be accurate and may differ from the actual price on a market. They are indicative quotes and are not suitable for trading purposes.
More information
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Frequently asked questions
How to buy Tencent stock?
The safest and easiest way to buy OTC:TCEHY stocks is by using a regulated broker like eToro or DEGiro. You can open an account with the platform, make a deposit and buy this stock in under 5 minutes from start to finish.
Opening an account with one of these brokers is a smart move, they have been active for more then 10 years, are very safe to use and they have the best platform for novice and experienced traders. If you want to learn more then we suggest you to read our eToro or DeGiro guides.
Where to buy Tencent stock?
You will first want to find a licensed broker that supports OTC:TCEHY stock. One of our favourite brokers, eToro for example, allows you to make investments into this asset from just $25 and only charges you the spread. Another option is using a regulated broker like DEGIRO or Interactive Brokers. You can open an account with these brokers and start buying or trading OTC:TCEHY stocks in a safe and complete environment.
Is OTC:TCEHY stock a good investment?
As with any other asset, there is an element of risk associated with buying OTC:TCEHY stocks. Therefore, you will want to study the market and make a decision based on your financial standing and the risk you are willing to take.
Is Tencent stock safe to invest in?
All stocks are volatile, or affected by market circumstances. The case with OTC:TCEHY is no different, with its price fluctuating dramatically within short periods. As such, if the market goes against you, then you will end up facing a loss. We advice you to do research first before investing in Tencent stock.
How do you trade Tencent stocks?
You can trade stocks by first opening an account with a regulated platform and making a deposit in US dollars, EUROs or other currency. Next, search for Tencent stock and choose from a buy or sell order – depending on whether you think the stock asset will rise or fall in value. If you speculated on OTC:TCEHY stocks correctly, you will have made a profit. The size of your trading profit will ultimately be determined by your stake and at what percentage your position grew.
How to sell Tencent stock?
To sell your OTC:TCEHY stocks investment, you can sign in to your broker account and cash out directly from within your portfolio. If you have stored the stocks elsewhere, you will first have to transfer them to a third-party provider or broker to cash out.
What is the best Tencent stock trading platform?
eToro, is a top-rated platform for beginners, albeit, it charges significantly lower fees. For example, there are no fees to deposit with a debit/credit card and you only need to cover the spread when trading OTC:TCEHY stock.
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Stephen Johnson
Stephen knows a lot about financial products and in particular has a great passion for the stock markets and its participants. We hope that the information provided will help you. Something not quite clear? Please leave your questions or comments at the bottom of the page.
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