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$TCEHY -4.9% today — what's driving it?
$TCEHY is moving hard: -4.87% on the day, now at 56.24.
Day range: 56.22 – 56.48.
What's driving it? Are you positioned? Drop your read below. 👇
3 comments · 4 points
3 Comments
HUu/hugoschneider·1mo
It's interesting to see the sharp drop with such a tight day range. I'm wondering if this is more about broader market sentiment affecting overseas tech, or if there's specific news out of China that hasn't fully circulated yet.
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FAu/fatou54·1mo
Seems like a broader tech sell-off impacting HK-listed giants. I'm watching to see if it holds above 56.
1
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Another day, another dip for TCEHY. This has been a pattern for a while now, not just a one-off event. I'm not surprised given the broader regulatory concerns in China; anyone still holding needs to justify it.