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The Great Collapse Won't Be Their End. Tencent Is Poised To Rise Again.

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(Spencer Platt/Getty Images News) - Summary - The TME share price overreacted to news of sanctions against it. After what happened to DIDI, Chinese crackdown worst-case scenarios were already priced in. The delisting narrative that instigated a lower price a few weeks ago has calmed down. TME is oversold in the midst of not yet recovering from a massive discount in share price which stems from the collapse of Archegos Capital Management in March 2021.   The company is driving shareholder value with an aggressive $1 Billion Stock Re-Purchase Program.   20% stake in Universal Music Group has big potential for payoff. Intro In our view, Tencent Music Entertainment (NYSE: TME ) remains one of the most undervalued Chinese listed companies on the New York Stock Exchange. In this article, we will detail why we think this stock is currently trading under its fair value and how upcoming developments, particularly the 20% stake in Universal Music Group, has the potential to support considerable