Naspers and Prosus on track for record days as Tencent recovers almost a quarter
Tencent staged a recovery on Wednesday from a recent brutal sell-off sparked by regulatory concerns, helping to lift Naspers 18% in early trade
16 March 2022 - 10:36
UPDATED 16 March 2022 - 11:54
Shares of Naspers and Prosus were on track for their best days since listing on Wednesday morning, benefiting as Tencent recovered from its recent brutal sell-off, surging by almost a quarter.
Tencent, which lost almost 10% on Tuesday and even more on Monday, rebounded 22% in early trade, with Asian markets also cheered by a report that China was planning to ease the strict nature of its Covid-19 containment policies...
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