Tencent's Pony Ma is Asian tech spaces' new Warren Buffett

Tencent Chairman and Chief Executive Officer Pony Ma Huateng attends a news conference announcing the company's results in Hong Kong, China March 17, 2016. REUTERS/Bobby Yip

Move over, Masayoshi Son. Pony Ma of Tencent Holdings Ltd. is emerging as the true Warren Buffett of Asia’s tech scene.

As many technology firms grow, they start to suffer what’s known as a conglomerate discount.

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