BUZZ-Prosus jumps 5% tracking Tencent gains

Reuters
2025/07/23
BUZZ-Prosus jumps 5% tracking <a href="https://laohu8.com/S/TCEHY">Tencent</a> gains

** Shares in Dutch technology investor Prosus PRX.AS rise over 5% with a trader saying the move follows a similar jump at Hong-Kong based Tencent 0700.HK

** Tencent's stock rose 5%, along with NetEase and other peers after China's regulator approved seven imported games in July

** An SBG security analyst points to a broader rise in Asian stocks on the US-Japan trade deal; Hong Kong's benchmark index jumped more than 1% to hit its highest level in almost four years

** Prosus owns a 23% stake in Tencent, according to LSEG data

** Prosus' largest shareholder Naspers NPNJn.J is up around 5%

** If gains hold Prosus' stock will see its biggest daily jump since May 2; including Wednesday's rise it has gained 36% YTD

(Reporting by Alessandro Parodi and Jerome Terroy)

((Alessandro.Parodi@thomsonreuters.com; jerome.terroy@thomsonreuters.com))

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