Investment Ideas: China, Tencent and Prosus

Dutch listed Prosus is in a unique double bind: the war in Ukraine and the never ending China Tech sell off. But if Tencent can survive a possible meltdown there’s growing value in Prosus shares

Chinese stocks are in trouble, especially in the tech sector. I can’t say I’m terrifically surprised and given the headwinds, I’m surprised the sell-off hasn’t been even greater. One indicator of sentiment is the tech-focused UK-listed investment trust Manchester and London which has long had significant Chinese tech exposure. Here’s their latest update…