Companies / Telecoms & Technology Naspers, Prosus and Tencent plunge on renewed China tech fears Prosus’s share price has been under pressure since July 2021 when China launched a wide-ranging crackdown on technology companies B L Premium 21 February 2022 – 19:18 Mudiwa Gavaza

The share prices of Naspers and Prosus plunged on Monday, with the former wiping off about R75bn in value, as renewed concerns about tighter tech regulations in China resulted in a large market sell-off affecting their largest asset, Tencent.

Naspers, Prosus and Tencent plunge on renewed China tech fears comes via ChinaTechNews.com.