PRX is basically a bet on whether Tencent and these emerging market internet businesses keep growing, since…by @factcheck_fana on $PRX

PRX is basically a bet on whether Tencent and these emerging market internet businesses keep growing, since Prosus owns chunks of them. The discount to its own stake value has closed a bit, which is why it's moved, but you're still buying a conglomerate holding company rather than a pure play on any one thing.