Tencent is one of China’s most famous tech companies. It has been dominating the gaming, social media, online music markets in China for over a decade, and still shows great growth potential. But where can you buy Tencent stock?
There are three ways. Let’s take a look at them one by one.
The first method: You can buy Tencent shares from the US stock market. The stock symbol for Tencent ADR shares is: TCEHY. This is the easiest way if you are an investor from the Unite States. You can also buy its shares even if you are not in the US or a non-US citizen. Many internet based stock brokers allow their users to invest in US stocks regardless of which country they are from.
The second way is to buy Tencent shares through the Hong Kong stock exchange. This might turn out to be difficult for many because only investors from Hong Kong or mainland china are allowed to buy Hong Kong stocks. The stock symbol for Tencent in HKEX(Hong Kong’s Stock Exchange) is: 0700.
The final approach is to buy Tencent shares indirectly through ETFs(Exchange Traded Funds). Find US ETFs that have invested heavily in Tencent shares, and you’ll benefit from the price gains of Tencent stock. Because when Tencent share price move up, your ETF’s value will also tend to move up.
related links:
https://www.nasdaq.com/symbol/tcehy/stock-chart
https://finance.yahoo.com/quote/0700.HK