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First trillion-dollar company
Posted: 10 February 2018

Here's an "outrageous prediction" from Saxo Bank for 2018:

Tencent will outstrip Apple and become the world’s largest company
Saxo’s head of equity strategy Peter Garnry writes that China is opening up its capital markets and the country’s enormous size and surging living standards are attracting investors from across the globe. Given this, it’s no surprise that tech-sector leader Tencent is bumping up against some of the world’s largest companies by market capitalisation.
He predicts that Tencent shares might advance another 100% despite the company’s already-enormous size and in 2018 the firm will steal the world market cap crown from Apple at well above $1 trillion.

via https://www.moneyweb.co.za/financial-advisor-views/outrageous-predictions-for-2018/

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