Some of Asia’s largest technology sector investors are trimming their stakes in what seems to no longer be an attractive market. The heated regulatory pressures in China, coupled with falling stock prices, increased competition, and an unfavorable macroeconomic backdrop, are pushing investors away from the once-lucrative Chinese tech companies. Two of the major tech investors, Japan-based SoftBank Group Holdings (OTCMKTS:SFTBF) and Tencent Holdings Ltd. (OTCMKTS:TCEHY), have been the biggest sellers of tech shares this year. Let’s take a closer look at the largest share sales of both these investment giants.
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Tencent (PK) (USOTC:TCEHY)
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Tencent (PK) (USOTC:TCEHY)
Historical Stock Chart
From Mar 2022 to Mar 2023 Click Here for more Tencent (PK) Charts.