Key facts
- Tencent Holdings Ltd. share price increased by 10%.
- Naspers' stock price also saw a rise.
- Dr. Steve Minnaar of Abax Investments commented on the situation.
Tencent Holdings Ltd. saw a significant 10% surge in its stock price. This rise was discussed by Dr. Steve Minnaar, a portfolio manager at Abax Investments, who also commented on the currency exchange rate and the performance of Naspers, a major shareholder in Tencent. The specific reasons for the surge beyond the general market commentary were not detailed.