5 Most Profitable Chinese Stocks

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In this article, we will discuss the 5 most profitable Chinese stocks. If you want to see more stocks in this selection, go to the  11 Most Profitable Chinese Stocks.

5. Tencent Holdings Limited (0700.HK)

Trailing 12 months Net Income: $22.54 billion (HK$176.93 billion)

Tencent Holdings Limited (0700.HK) is a Shenzhen-based internet and technology conglomerate company that is one of the biggest revenue-generating entities in the media sector.

The company secured the 28th position on the 2022 Forbes Global 2000 list. Tencent Holdings Limited (0700.HK) also owns instant messaging services like WeChat and WeCom. WeCom achieved a key milestone by catering to the needs of 5.5 million companies and reaching 130 million monthly active users (MAUs) in December 2020. Meanwhile, WeChat has 1.3 billion users on its platform as of 2022. Tencent Holdings Limited (0700.HK) is also the home to QQ, a web portal and instant messaging software platform that provides group and voice chat, microblogging, movies, music, and shopping services.

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