2024-05-08 12:25:42
Graphics is omitting 2 EU companies: Accenture (Market value: US$214.2bn) and ASML (Market value: US$301.3bn) Value of Chinese tech companies is disputable as Chinese law prohibits foreign property ownership in most industries. Figures are Variable Interest Entity (VIE). [Link][Link] NEEDS_MORE_RATINGS(11-1-6) Author
2024-05-08 13:33:20
Tech in this context relates to electronics or companies that offer a direct online service. ASML, however, is active in the semiconductor industry (just like NVIDIA and TSMC), whereas Accenture is likely categorized as a consulting firm. NEEDS_MORE_RATINGS(2-0-1) Author
2024-05-08 15:21:11
The note about ASML is correct, but not about Accenture as it is a consulting company. Chinese stocks/ADR/VIE valuations should account for the ownership problem, and in any case these are the best numbers available. Overall, the thread's point is valid and no note is needed. NEEDS_MORE_RATINGS(4-0-1) Author
2024-05-09 00:40:16
The graphic appears to refer to software-based companies. ASML makes semiconductor industry equipment and Accenture provides consulting services; neither is substantially a software-based company. [Link][Link] NEEDS_MORE_RATINGS(1-0-0) Author