Tencent: The Opportunity Has Been Overstated, Why I'm Out (Ratings Downgrade)

Freer Law/iStock Editorial via Getty Images Tencent (OTCPK:TCEHY) has been a strong performer relative to US tech peers, a seemingly unusual occurrence in the recent past. The company continues to represent an enviable collection of businesses spanning across multiple facets of daily Chinese life. However, I am growing concerned about the inability for overall growth rates to accelerate - potentially indicating that the company may have finally reached that inevitable moment where it is simply too big for i ...