Prosus Sells Tencent Stock in World’s Second-Biggest Block Trade

(Bloomberg) -- Shares of Tencent Holdings Ltd. edged lower in Hong Kong after Prosus NV priced its placement of the Chinese internet giant’s stock at the top end of a marketed range, raising HK$114.2 billion ($14.7 billion) in the world’s second-biggest block trade on record. E-commerce group Prosus’ sale of a 2%...

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China Hong Kong Louis Tse Prosus Tencent Holdings Ltd VC Asset Management Ltd