Tencent’s Decline Proving Costly for These ETFs
March 28, 2014 at 09:30 AM EDT
Unlike many rival Chinese Internet companies, such as Baidu (NasdaqGS: BIDU), shares of Tencent Holdings (OTCBB: TCEHY), China’s largest Internet firm, do not trade on a major U.S. exchange. Rather, Tencent trades over-the-counter in the U.S., so it is understandable that some investors may not be...