From Morningstar: 2024-05-03 05:25:00

Jonathan Pines believes China won’t invade Taiwan, as markets are already pricing in that risk. He now owns Tencent (TCEHY) due to its decreased valuation, trading at 12 times next year’s earnings. The stock, previously trading in the 30s P/E, is considered undervalued for its stability and strong management.



Read more at Morningstar: MICUK: China’s Taiwan Invasion Appears to be Off