In his first detailed comments since the Naspers share price came under heavy selling pressure from the Chinese crackdown on technology companies, Naspers CEO Bob van Dijk vowed not to abandon the world’s largest internet market.
While acknowledging the company’s share price had faced “significant” volatility due to increased Chinese regulatory intervention, Van Dijk told a company event on Wednesday that he believed in Tencent’s ability to deliver value...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.
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