Prosus cuts Tencent stake in latest pullback from Chinese firms
The sales show increasing anxiety over the prospects for China’s biggest companies.
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The sales show increasing anxiety over the prospects for China’s biggest companies.
Tencent Holdings shares worth $7.6 billion (R131 billion) appearing in Hong Kong’s clearing and settlement system has fueled speculation that a large stakeholder may be selling its holdings.
Tencent stake worth $7.6bn appears in Hong Kong clearing system.
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Jack Ma is taking a weeks-long tour in Europe after largely disappearing from public view for almost two years, adding to signs that China's government is easing pressure on the entrepreneur.