Atlantis boss gets in her Tencents worth

Central Station | 12 Apr 2018

The share price of Tencent Holdings will top HK$1,000 by 2020.

That's the forecast yesterday of Liu Yang, chairwoman of Atlantis Investment Management and best known as the "Chinese Goddess of Stocks."

Liu hastens to add Atlantis is top heavy on Tencent for funds it manages, adding the investment house intends to hold on its holdings long term.

In January, Liu sent a Wechat message showing her Tencent inclinations to its chairman, Pony Ma Huateng.

"Stable stable," Ma replied.

Liu went in deeper for Tencent shares when its price hit HK$405, putting a one-day record HK$600 million on the counter.

But she refused to unveil the current total Tencent investment by Atlantis.

She had invested in Tencent twice before, when the stock was at HK$5 and around the HK$100 level.

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