Tencent Shines Better Than Apple in Last Decade
Quote from Ndubuisi Ekekwe on October 27, 2020, 10:51 PMOver the last 10 years, Tencent has outperformed Apple on market returns. Tencent is one of the leading technology companies in China. Its major property is WeChat, the WhatsApp of China, and a super-app where commerce, social and indeed everything happens. So, if you have invested in Tencent ten years ago, your alpha would have turned out better, ahead of those who put money in Apple! Of course Apple itself has returned a truckload of money for investors. It just shows how great the new species of companies in China are performing.
Over the last 10 years, Tencent has outperformed Apple on market returns. Tencent is one of the leading technology companies in China. Its major property is WeChat, the WhatsApp of China, and a super-app where commerce, social and indeed everything happens. So, if you have invested in Tencent ten years ago, your alpha would have turned out better, ahead of those who put money in Apple! Of course Apple itself has returned a truckload of money for investors. It just shows how great the new species of companies in China are performing.
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