Selling at the wrong time-To The Moon - Tiger Brokers Online Investing Community - To The Moon

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BernardLL
12-09

Selling at the wrong time

Tencent Major Shareholder Prosus Sells 470K+ Shares, Slashing Stake to 23.99%

According to the shareholding disclosures from the Hong Kong Stock Exchange, Tencent's major shareholder Prosus sold 474,000 shares last Friday (6th) at an average price of approximately $410 per share, involving about $194 million.After this sale, Prosus's stake decreased from 24.01% to 23.99%.

Tencent Major Shareholder Prosus Sells 470K+ Shares, Slashing Stake to 23.99%

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