New RWA Perp Listing! You can now trade $TENCENT with up to 10x leverage. x.com/Lighter_xyz/status/20796…
· 13K Views
Back to @Lighter_xyz
New RWA Perp Listing! You can now trade $TENCENT with up to 10x leverage. x.com/Lighter_xyz/status/20796…
· 13K Views
@Lighter_xyz Leverage 10x? Guess I'm finally getting my PhD in “How to Turn a Meme into a Mortgage”. 👏
both baba and tencent are core assets for those that want to be long China tech. baba has a pretty clean “ai cloud rerating” story but it also has negative FCF and a quick-commerce subsidy fight BUT does has a large reported stake in moonshot (parent co of kimi). tencent (parent co of wechat) has ai optionality too but the core biz already generates a ton of cash