This Chinese Stock Delivered A 40% Return To Emerging Market Fund Managers 1

Tencent Holdings

Tencent Holdings Ltd. (TCEHY) stands second in our list of the most popular stocks that emerging market funds (EEM) (VWO) are invested in. The company was among the top 10 holdings of 7 out of 10 funds  that were part of our analysis. These are:

Among institutional investors, these are the funds that are invested into the TCEHY ADR currently:

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About 40% return over the past year

Tencent Holdings Limited is a Chinese investment holding company whose subsidiaries provide media, entertainment, internet and mobile phone value-added services and operate online advertising services in China.

Trading under the ADR ticker TCEHY on the NYSE, the company has the market capitalization of about $248.2 billion. The company reported a $40.39 billion in revenue in 3Q16, up from $35.69 billion reported in 2Q16. Earnings for the company stood at $10.65 billion in 3Q16 against $10.74 billion in 2Q16. The company generates a 12.28% Return on Assets (ROA) and a 27.73% Return on Equity (ROE) on trailing twelve-month basis.

Trading at $26.18 a share currently, the stock is already up 8.11% for the year. It has gained 39.73% over the past one year.

Analyst recommendation: HOLD

The stock currently has a HOLD recommendation from Morningstar analyst, Marie Sun.

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