Tencent Stock (TCEHY) Slips on Reports It Could Get the TikTok Treatment

FomoAnxiety · 2026-03-04T16:28:41+00:00

Tencent's stock fell 1.72% amid reports that the Trump administration may compel it to divest its U.S. video game investments, similar to the TikTok case with ByteDance. This potential move could significantly impact Tencent's gaming presence in the U.S.

FomoAnxiety

2026-03-04 16:28:41

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Tencent TCEHY -1.72% ▼ stock fell on Wednesday alongside reports that the U.S. might force it to give up on its video game investments in the country. According to a report from the Financial Times, the Trump administration could give Tencent the same treatment it has given ByteDance, which has been forced to divest TikTok due to alleged security threats.

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If the Trump administration moves forward with plans to make Tencent divest its U.S. video game investments, it could mark a major change for the entertainment company. Tencent has heavily invested in video game companies over the past few years, including its 28% stake in _Fortnite _developer Epic Games. The company also outright owns League of Legends developer Riot Games, and Back 4 Blood and Left 4 Dead developer Turtle Rock Studios. Tencent has investments in several other game studios as well, including some in Europe and Japan.

Several of the Trump administration’s top Cabinet members have reportedly met to discuss the potential security risk that Tencent’s gaming investments present to the U.S. Another internal meeting was set for Tuesday, but was reportedly delayed. The results of this meeting could drastically affect Tencent and the video game sector.

Tencent Stock Movement Today

Tencent stock was down 1.72% on Wednesday, extending a 16.29% drop year-to-date. The shares have also fallen 0.96% over the past 12 months.

Is Tencent Stock a Buy, Sell, or Hold?

Turning to Wall Street, only a single analyst has recently covered Tencent. Four-star Erste Group analyst Hans Engel has a Hold rating and no price target for TCEHY stock. Traders will note he last weighed in on the company on Feb. 18, 2026, when he downgraded the shares to the current Hold rating. This lack of coverage means investors will want to be wary about taking a stake in Tencent, especially in light of today’s Trump administration news.

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