Which company’s stocks disappointed investors the most in 2018?

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Which company’s stocks disappointed investors the most in 2018?

September 19, 2018 - 11:45
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Out of ten companies valued more than $100 billion, which shares analytics recommended to buy, Chinese Tencent Holdings Ltd. showed the worst results, Bloomberg reports.

Photo © Csaba Nagy, CC0 1.0

Which company’s stocks disappointed investors the most in 2018? Out of ten companies valued more than $100 billion, which shares analytics recommended to buy, Chinese Tencent Holdings Ltd. showed the worst results, Bloomberg reports.

As of Tuesday, shares fell by 22% in Hong Kong, while value of the company declined by $108 billion. It shall be noted that in January Tencent stocks reached record level HK$474,60 after they gained 64000% since their debut in 2004. At the moment Tencent represents 5% of MSCI index for Emerging Markets.

Today shares gained 0,6% to HK$320.

Other stocks that disappointed investors this year include Belgian brewer Anheuser-Busch InBev NV (-17%), Samsung Electronics (-11%), Facebook Inc (-9%), Alibaba Group Holding (-7,9%). Chinese companies dominate in first 10 top list.

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