When I examined Singapore Press Holding’s sunset industry in print media, I was given a stark reminder that we need to be forward-looking, and to always look for new investment opportunities wherever they arise. I’ve been doing some reading on fintech, e-wallets, and blockchain technology – this could prove to be a huge area for future growth.
This brings us to Chinese tech giant Tencent Holdings (0700.HK). Tencent is the mastermind behind WeChat, and their core revenue comes from various holdings including video gaming, digital sales, online advertising, and electronic payment. Various major Tencent subsidiaries have decent synergy, allowing for smoother integration and partnerships.
Tencent Chairman, Mr. Ma Huateng, has expressed confidence in the company’s short-term future, especially regarding the company’s video-streaming subsidiary: Tencent Video. Tencent Video has exceeded 43 million subscribers as of October 2017, making it one of the biggest streaming service providers in …