Naspers and Tencent: The bigger picture

Naspers, being heavily exposed to Chinese internet giant Tencent, has been benefiting from an aggressive rally in Chinese equities since the third quarter of 2014, according to an analyst.

Neal Smith, SIM Global fund manager, talks China’s growth risks

China is a nation in transition. It’s trying to move from low cost, low value-add exports and state-financed construction into a provider of high value industries and services and increased domestic consumption. Listen to a podcast with SIM Global’s fund manager, Neal Smith, on why he still sees potential and opportunity in China.

Good news for Naspers – Tencent discount “getting harder to justify”

Tencent’s discount to Facebook is getting harder to justify. The Chinese social media giant brought in roughly the same amount of revenue as its U.S. counterpart last year and was more profitable. Yet it trades at a lower multiple of earnings. The valuation gap warrants a rethink.