Naspers reduced its holdings in Tencent and completed the sale of JD shares
Naspers group broke its commitment of "not reducing its holdings of Tencent for three years" and announced that it would reduce its holdings of Tencent holdings.
Naspers also completed the sale of JD shares, cashing in $3.67 billion.
Affected by this news, Tencent holdings plunged in the afternoon and once fell; JD.com expanded its growth, rising nearly 8% at one time.
$TENCENT(00700.HK$ $Tencent(TCEHY.US$ $JD-SW(09618.HK$ $JD.com(JD.US$ $NASPERS LTD ADR(NPSNY.US$
Naspers also completed the sale of JD shares, cashing in $3.67 billion.
Affected by this news, Tencent holdings plunged in the afternoon and once fell; JD.com expanded its growth, rising nearly 8% at one time.
$TENCENT(00700.HK$ $Tencent(TCEHY.US$ $JD-SW(09618.HK$ $JD.com(JD.US$ $NASPERS LTD ADR(NPSNY.US$
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whqqq : Oh, that's why it fell at noon today