Abney Associates Comments on Tencent Joining Exclusive Club

Abney Associates advising investors on Tencent Holdings Ltd. having joined the rarified group of Chinese companies whose market capital exceeds $100 billion.

Shenzhen based Tencent Holdings Ltd., who went public in 2004, has now joined six other member companies of the Hang Seng Index worth in excess of $100 billion market capitalization. Many analysts and investors have described the internet provider’s rise to the top as spectacular, with the Chinese concern seeing an average yearly increase in value ..

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