Naspers is up smartly this morning. There was a Barron's article titled Tencent Is China's Facebook, J.P. Morgan Ups To Buy. Naspers trades higher as a result of the Tencent price having caught a serious bid, that stock in Hong Kong was up 3.67 percent in their market to 124.4 HKD, JP Morgan has a 12 month price target of 160 Hong Kong Dollars. A quick refresher for all of you on what the portion inside of Naspers is made up of their holding in Tencent -> 33.85 percent of the Tencent market cap (1.11 trillion HKD) at 1.51 ZAR to the HKD = 568 billion Rand. Last evening, Naspers had a market cap of 663 billion Rand. The gap is certainly widening, perhaps the realisation that their (Naspers) businesses are worth more!