[zitterbewegung]

Nah, they just want to do something with all that money they have. Leaving it in China might be an issue if the market in China changes.

[verelo]

So why not just buy something safe, like a US bond?

[pm90]

Diversification. The Chinese Govt. already holds trillions of dollars in US bonds.

I think if Snap goes south and wants to get acquired, Tencent would get first dibs. It would be in a better position to gobble up the company and get all those engineers who already have a ton of messaging app experience for cheap.