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PROSY Prosus N.V. Sponsored ADR

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8.300
+0.060+0.73%

15min DelayClose Dec 20 16:00 ET

98.89BMarket Cap13.34P/E (TTM)

Prosus N.V. Sponsored ADR Stock Forum

TRIUMPHANT RETURNS

Sep 26 05:43

$Prosus N.V. Sponsored ADR (PROSY.US)$ Love PROSUS for its list of private equities from A to Z , from fintech , e-commerce to biomedical.
$Grab Holdings (GRAB.US)$ $Alibaba (BABA.US)$ $JD.com (JD.US)$ $PDD Holdings (PDD.US)$ $Olam Group (VC2.SG)$ $SATS (S58.SG)$ $SIA (C6L.SG)$ $Apollo Global Management (APO.US)$ $Advanced Micro Devices (AMD.US)$ $Netflix (NFLX.US)$ $Tesla (TSLA.US)$ $IFAST (AIY.SG)$

TRIUMPHANT RETURNS

Sep 24 18:32

took so long i almost wanted to take it down my list

$Spotify Technology (SPOT.US)$ $PDD Holdings (PDD.US)$ $Uber Technologies (UBER.US)$ $Carnival (CCL.US)$ $AMC Entertainment (AMC.US)$ $Alibaba (BABA.US)$

Share Your Profit/Loss

Feirre

May 28 05:21

Prosus Deposits 96 Million Tencent Shares

Prosus deposited 96 million Tencent shares into the Central Clearing and Settlement System (CCASS), equivalent to 1% of Tencent's issued shares.
The deposit supports Prosus' share buyback program.
As of 22 May, Tencent's Hong Kong shares increased by 96 million.
Goldman Sachs' position also increased by 84.4 million shares on the same day.
On 19 October 2023, Prosus made a similar deposit, boosting Goldman Sachs' position to 500 million shares.
As of 10 M...

Feirre

May 17 06:05

Naspers Appoints New CEO for Tencent's Major Shareholder

$NASPERS (NAPRF.US)$ , Tencent's major South African shareholder, and its Dutch subsidiary $Prosus N.V. Sponsored ADR (PROSY.US)$ have appointed Fabricio Bloisi as CEO, replacing interim CEO Ervin Tu. Bloisi will assume his role on 1 July, with Tu becoming President and CIO.
Prosus stated that their strategic objectives remain unchanged, aiming for a trading profit from consolidated e-commerce in the second half of the financial year.
$NASPERS LTD ADR (NPSNY.US)$ $PROSUS N.V. (PROSF.US)$ $TENCENT (00700.HK)$ $Tencent (TCEHY.US)$ $Hang Seng TECH Index (800700.HK)$

Feirre

Apr 24 05:54

Tencent's Aggressive Buyback Plans Exceed Expectations, Says BofA

BofA Securities recently released a report based on discussions with Tencent management and U.S. investors, revealing Tencent's ambitious plans for share buybacks.
Tencent intends to buy back shares worth $100 billion this year, demonstrating strong commitment, capability, and execution in shareholder return initiatives.
With Tencent accelerating its buyback pace to $1 billion per day in January, BofA Securities estimates the ann...

Feirre

Apr 17 22:05

Morgan Stanley Expects TENCENT's 1Q24 Revenue to Rise 5% YoY

Morgan Stanley predicts a 5% YoY growth in TENCENT's 1Q24 revenue, slightly below market expectations due to weaker gaming and fintech growth. However, advertising revenue remains strong. Gross profit and net profit are forecasted to increase by 18% and 25% YoY respectively, driven by increased share buybacks. TENCENT's aggressive buyback strategy is compensating for the sell-off by major shareholder $Prosus N.V. Sponsored ADR (PROSY.US)$ in 1Q.
...

Feirre

Apr 16 21:49

Tencent Outlook: Positive Catalysts and Strategic Analysis by CITIC Securities

$Prosus N.V. Sponsored ADR (PROSY.US)$ , a $NASPERS (NAPRF.US)$ subsidiary, will likely reduce its Tencent stake by about $11.6 billion in 1Q24, easing pressure on Tencent. CITIC Securities predicts Prosus will trim Tencent shares by around $200 million daily in 2024, with Tencent's annual buyback budget rising to $100 billion.
The continued decrease in the major shareholder's holdings, coupled with Tencent's increased buyback, ...

Feirre

Apr 2 21:33

Prosus Continues Reduction of Tencent Stake; Tencent's Robust Buyback Activity Noted

Prosus disclosed a decrease in its stake in Tencent to 2.324 billion shares as of April 2, down from 2.377 billion shares in December last year, marking a 24.6% stake.
Concurrently, its stake in $MEITUAN-W (03690.HK)$ remained unchanged at 258 million shares.
Tencent's aggressive buyback strategy saw $49 billion spent last year, surpassing its total buyback in the past decade.
$NASPERS (NAPRF.US)$ $NASPERS LTD ADR (NPSNY.US)$ $PROSUS N.V. (PROSF.US)$ $Prosus N.V. Sponsored ADR (PROSY.US)$ $TENCENT (00700.HK)$ $Tencent (TCEHY.US)$ $Hang Seng TECH Index (800700.HK)$
...

Feirre

Jan 11 20:33

Tencent's major shareholder Prosus: holds 2.36 billion shares of Tencent with a market value of 84.7 billion US dollars

Tencent's major shareholders had further disclose their holdings in Tencent.
On January 10th local time, Tencent's major shareholder, $Prosus N.V. Sponsored ADR (PROSY.US)$ , a Dutch subsidiary of $NASPERS LTD ADR (NPSNY.US)$ in South Africa, disclosed its holdings of 2.3635 billion shares in Tencent. Prosus also disclosed its holdings of 257.5 million shares in $MEITUAN-W (03690.HK)$ , 79.6 m...

Feirre

Dec 7, 2023 21:43

TENCENT's Major Shareholder Prosus Dumps Over 510K Shrs, Sheds Stake to 24.99%

TENCENT's major shareholder $NASPERS LTD ADR (NPSNY.US)$ and the latter's subsidiary $Prosus N.V. Sponsored ADR (PROSY.US)$ continued to proceed with the share buyback program and has offloaded 513,500 shares of TENCENT yesterday (7th), a regulatory filing showed. As a result of the share disposal, the stake of Prosus in TENCENT decreased to 24.99%.
$TENCENT (00700.HK)$ $Tencent (TCEHY.US)$ $China Concept Stocks (LIST2517.US)$ $Hang Seng TECH Index (800700.HK)$