Naspers and Tencent leap as much-anticipated game gets early release

Tencent Holdings shares staged their biggest rally since February after China's biggest internet firm nailed down an earlier-than-anticipated debut of one of the year's most eagerly awaited mobile games. Tencent set a May 21 start date for Nexon Co.'s Dungeon & Fighter Mobile for China — a marquee title expected to refresh an ageing pipeline, draw in new users and reaffirm Beijing's easing stance for the world's largest gaming market.

In morning trade on the JSE, Naspers was up almost 5% and Prosus 4%. Prosus, the Amsterdam-listed subsidiary of Naspers, holds a stake of almost a quarter in Tencent, whose shares were up 5.6% in Hong Kong.South Africans need to be in the know if we want to create a prosperous future. News24 has kept the country informed for 25 years, and we're about to enter a new chapter of fearless journalism.

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