Johannesburg - Shares of South African e-commerce and media firm Naspers Holdings rise 2.4 percent to 962.58 rand, tracking a rise in shares of China's Tencent Holdings, of which Naspers owns more than 30 percent.
Tencent rose more than 3 percent in Hong Kong, hitting its highest level in a month, buoyed by strong listing debuts by two Chinese technology companies in New York on Friday.
Shares of Naspers are up 77 percent this year, according to Thomson Reuters data, making it the best-performing stock on the benchmark Top-40 index after paper-maker Mondi Plc.
Over the last decade, shares of Naspers have risen 23-fold, outperforming a more than four-fold rise in the Top-40. - Reuters