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Podcast: WorldWide Markets with Simon Brown
Episode: Tencent ex-growth. Woe is Napers & Prosus (#486)
Description: Simon Shares Just One Lap is 11 years old :) FOMC, as expected. Local MPC tomorrow. Nasdaq, time to buy? Also FTSE100. Both a technical buy, not taking a view on the fundamentals.  Brent almost back at US$120. China opened up already, well Foxcon at least. Tencent results, flat-lining. The end of an era! So says Tencent as revenue grows in single digits, the lowest quarterly number since listing back in 2004. Tencent's declaration is resignation that any expansion will be cautious and controlled. Prosus down 8.2%, Naspers down 8.4%. Prices still look vulnerable — David Shapiro (@davidshapiro61) March 23, 2022...