Tencent (TCEHY) in Harding Loevner Global Equity Q2 2024

Internet and IT Services Leadership Amidst Regulatory Hurdles

Apr 15, 2025

Summary

Dominance in internet and IT services in China.
Strong growth in gaming and social media platforms.
Regulatory challenges in China impacting operations.
Significant contributor to the fund's returns.
Strategic focus on innovation and market expansion.

Tencent (TCEHY, Financial) was highlighted in the Harding Loevner Global Equity Q2 2024 report for its leadership in internet and IT services in China. The company's strong growth in gaming and social media platforms has made it a significant contributor to the fund's returns, despite facing regulatory challenges in China.

"Tencent’s strategic focus on innovation and market expansion continues to drive its success, making it a key component of our portfolio." — Harding Loevner Global Equity Q2 2024 Fund Letter

Read full letter at gurufocus harding loevner global equity q2 2024 report 2024 Q2 page.

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