Ma Huateng succeeded Xu Jiayin as the "new boss" of Hengteng Network. On November 5, according to the equity data of the Hong Kong Stock Exchange, China Evergrande reduced its holdings by 330 million shares of Hengteng Network, and after the completion of the transaction, Tencent held 23.9% of the shares and became the largest shareholder of Hengteng Network, and Evergrande held 22.98% of the shares as the second largest shareholder.
What does evergrande's initiative to give way mean to itself and even Hengteng Network? The analysis believes that Evergrande is currently in a deep liquidity dilemma to be solved, and reducing its holdings of Hengteng Network to withdraw HK$717 million in cash will help the company to further resolve the crisis.
At the same time, Hengteng Network has become the largest "dark horse" in the streaming media market, and the number of its pumpkin movie members has achieved explosive growth; Ruyi Pictures has also created "Hello, Li Huanying", "Send You a Little Red Flower", "Langya List" and many other "blockbusters". In this context, Tencent has become the largest shareholder, and the development advantages of Hengteng Network will continue to be consolidated, and the former's Internet ecology and resource advantages can be used by Hengteng Network, thereby promoting its accelerated capture of the streaming media market.
Edit: Lin Sen