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Bullish Case: Robust online music revenue, successful content partnerships, and subscriber gains, despite economic slowdown, signal potential upside.


Bearish Case: Missed forecasts, slowing economy, and historical price retracements indicate potential downward pressure on TCEHY stock.


Potential Outcomes: Upside from AI and new gaming titles (55%); backlash from missed earnings and economic downturn (45%).


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April 05, 2024


Tencent Forecast

TCEHY        Tencent
Price Forecast: NEUTRAL    Price Action: MEAN REVERTING (?)






Correlated Stock Forecasts

Assets that tend to move strongly with TCEHY



CWEB Forecast + Options Trading Strategies   [CWEB]  Direxion Daily CSI China Internet Index Bu (0.94)


BILI Forecast + Options Trading Strategies   [BILI]  Bilibili (0.9)


MESO Forecast + Options Trading Strategies   [MESO]  Mesoblast (0.89)


AEE Forecast + Options Trading Strategies   [AEE]  Ameren (0.88)


EWH Forecast + Options Trading Strategies   [EWH]  BlackRock Institutional Trust Company N.A. - iShares MSCI Hong Kong (0.88)



Uncorrelated Stock Forecasts

Assets with little price relationship to TCEHY



LSXMK Forecast + Options Trading Strategies   [LSXMK]  Liberty Media Corp. (Tracking Stock - SiriusXM) Series C (-0.0)


LSXMA Forecast + Options Trading Strategies   [LSXMA]  Liberty Media Corp. (Tracking Stock - SiriusXM) Series (-0.0)


FNGR Forecast + Options Trading Strategies   [FNGR]  FingerMotion (0.0)


IGLB Forecast + Options Trading Strategies   [IGLB]  BlackRock Institutional Trust Company N.A. - iShares 10 Year Investment Grade Corporate Bond (0.0)


VIPS Forecast + Options Trading Strategies   [VIPS]  Vipshop (-0.01)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against TCEHY



AMGN Forecast + Options Trading Strategies   [AMGN]  AMGEN (-0.83)


ANF Forecast + Options Trading Strategies   [ANF]  Abercrombie & Fitch (-0.83)


SFM Forecast + Options Trading Strategies   [SFM]  Sprouts Farmers Market (-0.84)


GRPN Forecast + Options Trading Strategies   [GRPN]  Groupon (-0.84)


AMR Forecast + Options Trading Strategies   [AMR]  Alta Mesa Resources (-0.84)





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