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Tencent's biggest shareholder says Chinese tech has been a 'bloodbath' — but the future looks bright - CNBC

Tencent's biggest shareholder says Chinese tech has been a 'bloodbath' — but the future looks bright  CNBC

- Naspers, a South African consumer internet company, owns a 31% stake valued at roughly $126 billion in Chinese tech giant Tencent. - In an interview at the Money20/20 Europe conference on Monday, Naspers CEO Bob van Dijk said China's tech scene has been a "bloodbath" in recent months. - Van Dijk blamed trade tensions between the U.S. and China but said he's not worried about Tencent. Tencent's biggest shareholder is bullish on Chinese tech stocks despite the trade war between the U.S. and China. Naspers, a South African consumer internet company, owns a 31% stake in Chinese tech giant Ten...


Tencent's biggest shareholder says Chinese tech has been a 'bloodbath' — but the future looks bright - CNBC
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