Shuli Ren, Columnist

Hong Kong Can Save the African Whale

Naspers has outgrown the South African market.
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When you're the biggest fish in a small pond, sometimes the best thing to do is to seek more expansive waters.

Naspers Ltd. isn't so much a fish in a pond as a whale in a teacup. It accounts for almost a third of the MSCI South Africa Index, more than six times the weighting of the next biggest company.