BUZZ-HK-listed Tencent falls after Dutch-based investor Prosus sells 2% stake
** Shares of Chinese tech giant Tencent 0700.HK fall as much as 2.5% to HK$614, their lowest since March 31, on course for a second session of losses
** Stock most actively traded by turnover in early trade; the sixth-biggest percentage decliner in the Hang Seng Tech Index .HSTECH
** Dutch-based technology investor Prosus (JO: PRXJn ) NT PRX.AS has sold a 2% stake in Tencent at HK$595 per share to raise $14.7 bln in the world's largest blocktrade, according to two sources with direct knowledge of the matter At $HK595 per share, the price was a 5.5% discount to Tencent's closing price of HK$629.50 each in Hong Kong trading on Wednesday
** Prosus' stake in Tencent will be reduced to 28.86% from 30.86% after the deal, and Prosus will not sell further shares in the company for at least the next three years, Tencent says in a filing to the Hong Kong bourse The Hong Kong Hang Seng sub-index tracking information technology firms .HSCIIT gains 0.2%, while the Hang Seng Tech Index .HSTECH climbs 0.5%
** The Hang Seng China enterprises index .HSCE climbs 0.3%, and the benchmark index .HSI rises 0.7%
** As of last close, stock up 11.6% this year
(Reuters Messaging: firstname.lastname@example.org)
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