Home > News content

Over 7000 times in 20 years! Tencent's largest shareholder: will continue to hold Tencent for the long term

via:快科技     time:2023/7/17 23:00:26     readed:146

Fast Technology July 17 news,Prosus, the largest shareholder of Tencent Holdings, said it will continue to hold its stake in Tencent for the long term, remaining confident in Tencent's business and the prospects of China's Internet industry.

It is understood that Prosus currently holds about 26% of Tencent's shares, worth about $112 billion.

In 2021, when Tencent's stock reached a historical high, Prosus sold Tencent shares to cash in hundreds of billions of Hong Kong dollars.

It is understood that 20 years ago, MIH TC Holdings Limited, a subsidiary of Prosus, bought 45.5% of Tencent's equity from major investors such as PCCW, IDG and Tencent, which is the largest single shareholder of Tencent, and the amount spent that year was 32 million US dollars, according to Tencent's current market value estimate. The return on investment is more than 7,000 times.

At present, Tencent's market value is about 3.38 trillion Hong Kong dollars (about 3.07 trillion yuan). Prosus's stake in Tencent is worth more than its own market capitalisation ($95bn).

20年赚超7000倍!腾讯最大股东:将继续长期持股腾讯

translate engine: Youdao

China IT News APP

Download China IT News APP

Please rate this news

The average score will be displayed after you score.

Post comment

Do not see clearly? Click for a new code.

User comments