Alec Hogg: Why shocks rocking China are important for all SAs – not just Naspers shareholders

There's a lot of transitioning going on in China right now, with significant implications for investors around the world. Mostly in valuations of Chinese equities. But also for the likes of Tesla, Apple and other market favourites.

The video from our partners at the Wall Street Journal explains implications of the Chinese Communist Party's "common prosperity" campaign on businesses operating in the country. Most obviously, the direct impact on Naspers/Prosus whose valuation depends on the performance of 31% owned Tencent – a company in Beijing's crosshairs.

South African investors not directly exposed to Naspers/Prosus shares should also be paying attention. The Cape-based duo's heavy weighting on the JSE means they're ever present in most retirement funds. In a different but related issue, the collapse of what was once the world's most valuable property company also has a significant knock-on effect for SA.

___STEADY_PAYWALL___