Steven Romick Swaps Prosus For Naspers, Trims Top Holding Glencore

Summary The guru entered a new position in Naspers. He sold out of Prosus and Flutter Entertainment. Romick trimmed his Glencore and BroadcomAVGO investments. Steven Romick (Trades, Portfolio) disclos...

Chinese Tech Titans Are Losing Their Global Backers

Ma ”Pony” Huateng, cofounder of Tencent Holdings Ltd. (Photo by Jerome Favre/Bloomberg) © 2015 Bloomberg Finance LP China’s biggest technology companies, which had generated rich returns f...

Legendary China Bets Unwind as Buffett, SoftBank, Naspers Sell

(Bloomberg) — For early backers, they’ve been some of the most profitable Chinese stock investments of all time: Tencent Holdings Ltd., Alibaba Group Holding Ltd. and BYD Co. Most Read from Bloo...