Naspers, SA’s largest publicly traded group, and its Prosus subsidiary had a rocky week in the markets with almost R200bn in shareholder value lost — highlighting the risk of a single dominant stock on the JSE — as Chinese authorities clamped down on tech companies.

After losing as much as R190bn between Monday and Tuesday, the technology group has recovered some of the losses, gaining about R100bn since Wednesday...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.

Questions or problems? Email or call 0860 52 52 00. Got a subscription voucher? Redeem it now