Largest Shareholder Sells Over 1 Million Tencent Shares, Ready for Further Sales
@钛媒体APP：
BEIJING, September 8 (TMTPOST)— Tencent’s largest shareholder seems to accelerate its trimming stakes in the Chinese tech giant. Source: Visual China Prosus NV, a Dutch technology investment company, sold 1,115,000 ordinary shares of Tencent, bringing its total ownership in the WeChat owner down to 27.99%, according to a statement Thursday. The sales came after US$7.6 billion worth of Tencent stakes entered in the Central Clearing And Settlement System (CCASS) of Hong Kong, spurring speculation about further offloading from South African internet and multimedia company Naspers, the major shareholder holding Tencent via its unit Prosus. The recent stake cut was made to fund buyback, and as part of ongoing implementation of the repurchase program, Prosus said it has taken the administr
