3Yr·

Swap for Tencent. Almost identical share price performance. (China) risk limited.

16.08
Prosus logo
Bought at €72.87
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2 Comments

👍 Interesting. In what way do you see the risk with Prosus as being lower than with Tencent? Because Prosus is tradable in Europe? Or because it is more broadly positioned overall, i.e. not exclusively invested in Tencent? The share prices really do develop almost identically. Or do you just want to rule out a total loss?
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@MMmaster Exclusion of total loss with almost the same upside potential. Prosus is also somewhat more broadly positioned (currently further acquisition of Delivery Hero etc.) so that if KP goes crazy overnight, at least 20-30% should remain (in contrast to 0% for the Tencent share).
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