South Africa's Naspers shares fall more than 30% after Prosus market debut
JOHANNESBURG (Reuters) - Shares in South Africa's e-commerce giant Naspers <NPNJn.J> tumbled more than 30% on Wednesday following the market debut of its spin-off Prosus <PRX.AS> in Amsterdam.
Prosus comprises Naspers' global empire of consumer internet assets, with the jewel in the crown a 31% stake in Chinese tech titan Tencent <0700.HK>.
Naspers shares were down 31.02% at 2,428 rand by 1021 GMT.
(Reporting by Onke Ngcuka, editing by Louise Heavens)