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China's Tencent loses $51 bln in market value

Friday, March 23, 2018 - 01:28

China's Tencent Holdings has lost $51 billion in market value over two sessions, after the internet firm's largest shareholder, Naspers, said it would lower its stake for the first time in 17 years. Ciara Lee reports.

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China's Tencent Holdings has lost $51 billion in market value over two sessions, after the internet firm's largest shareholder, Naspers, said it would lower its stake for the first time in 17 years. Ciara Lee reports.

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China's Tencent loses $51 bln in market value

Friday, March 23, 2018 - 01:28