Naspers hammered on China crackdown
The share prices of Naspers and Prosus have suffered major declines following news of a regulatory crackdown in China.
Naspers’ share price declined from R295.30 per share on Friday to R248.75 on Tuesday — a decline of 15.8%. It reclaimed some of the losses on Wednesday, rising to R262.32.
The share prices of Naspers and Prosus have suffered major declines following news of a regulatory crackdown in China.
Naspers’ share price declined from R295.30 per share on Friday to R248.75 on Tuesday — a decline of 15.8%. It reclaimed some of the losses on Wednesday, rising to R262.32.