Before I start, please also refer to my disclaimer.
SEA LIMITED – LARGEST COMPANY BASED IN SINGAPORE
Sea Limited is the largest company by market cap based in Singapore worth over USD170 billion backed by its largest shareholder Tencent. It is listed in NYSE as SE. For perspective, DBS is the largest company listed in SGX, but is just a third of SEA’s size by market cap.
Unlike China’s tech stocks’ share prices that are suffering from a slew of Chinese regulatory crackdown, Sea with the support of Singapore, is in a complete opposite fortune. Sea has seen its share price surge more than 60% to US$321 a share this year. And in just one month, the share price increase by 19%.
In May, I also gave a preview of SEA Limited. Read : Rolf’s Tech Stock Series – Sea Limited
POSITIVE 2Q2021 RESULTS
Last week, Sea reported her 2nd quarter results with mostly positive news. Read Sea 2Q2021 results here....