Feirre wrote a post · Apr 13, 2023 10:51

JPM reiterated a buy on Prosus NV with a 47% upside.

But as long as $Tencent (TCEHY.US)$ accounts for at least 50% of $Prosus N.V. Sponsored ADR (PROSY.US)$ mcap, a bullish call has to include a strong outlook for Tencent shares. BUT Tencent shares depressed by Prosus sale program.

If you guys have any thoughts, please leave a message.

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