Tencent loses $24 billion in market cap after Naspers’ selldown

Tencent loses $24 billion in market cap after Naspers’ selldown
March 22, 2018
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HONG KONG (Reuters) – China’s Tencent Holdings Ltd saw its shares down 4.51 percent at the midday trading break on Friday after the internet firm’s largest shareholder, Naspers Ltd , said it would lower its stake for the first time in 17 years.