Tencent loses in value amid the loss of a large minority shareholder
About 29% of Tencent‘s shares belong to the South African media group Naspers. And she’s going to get rid of them. This affects the price of Tencent.
The asset’s valuation is somewhere around $100 billion. The media group plans to get rid of it gradually.
Such a move negatively affected the value of the shares of the Chinese developer of games and online services. Today alone, it has fallen by 2.5%.
