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Friday, March 23, 2018

China's Tencent loses $51 billion in market value in two days

HONG KONG (Reuters) - Tencent Holdings Ltd's shares fell more than 4 percent on Friday, wiping out around $23 billion of market value, after the Chinese internet firm's largest shareholder, Naspers Ltd , lowered its stake for the first time in 17 years.


from Reuters: Technology News http://ift.tt/2I1dzcZ

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