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Tencent Shares Decline
U.S. Designates Tencent and CATL as Military Companies, Shares Plunge
Tencent Holdings and Contemporary Amperex Technology Co. Ltd. (CATL) have faced significant stock declines following their recent designation as “Chinese military companies” by the U.S. Department of Defense (DoD).
The US just added Tencent — which backs US startups — to its list of ‘Chinese military’ companies
While the Chinese internet giant Tencent is best known for its super app WeChat, it’s also a major investor in U.S. tech companies and startups. Some of
Tencent Shares Decline After US Adds Company to Chinese Military Blacklist
The US has blacklisted Tencent Holdings Ltd. and Contemporary Amperex Technology Co. Ltd. for alleged links to the Chinese military, targeting the world’s biggest gaming publisher and top electric-vehicle battery maker in a surprise move weeks before Donald Trump takes office.
Tencent makes $193 million share buyback after US blacklist inclusion triggered sell-off
Tencent Holdings Ltd., China’s tech giant and social media behemoth, is navigating turbulent waters following its inclusion on a list over alleged ties to the Chinese military. This action has triggerred a sharp selloff of its stock.
1d
on MSN
Tencent loses billions in market value after the U.S. accuses the video game giant of links to China’s military
The Department of Defense accused Tencent and EV battery giant CATL of having ties to China's military. Tencent calls the ...
14h
China Market Update: NDRC Holds Press Conference On Trade-In Subsidies, Mainland Investors Buy
Asian equities were mixed but mostly lower overnight as Singapore and Korea outperformed and Pakistan and Hong Kong ...
1d
US adds Tencent, CATL to list of Chinese firms allegedly aiding Beijing's military
The U.S. Defense Department said on Monday it has added Chinese tech giant Tencent Holdings and battery maker CATL to a list ...
1d
on MSN
China's markets had a shaky start to the year, including a blow to 2 major tech companies
The Pentagon has designated two major high-profile tech companies — Tencent and CATL — as Chinese military companies ...
13h
on MSN
How China Is Advancing in AI Despite U.S. Chip Restrictions
It was almost a year before a handful of Chinese AI chatbots received government approval for public release. Some questioned ...
1d
Tencent's US blacklisting stokes fear of tech war escalation with China
The US government's move to add Tencent Holdings, China's most valuable company, to its list of Chinese military firms has ...
22h
China Steps Up Measures to Boost Spending, Defend the Yuan
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers ...
1d
on MSN
Chinese tech companies Tencent, CATL and others protest US listings as army-linked companies
The U.S. Defense Department has added major Chinese technology companies including gaming and technology company Tencent, ...
1d
Cracks appear in China stocks' fragile bull case
The bull case for China's stocks is on its face compelling: firms in the People's Republic are undervalued and often enjoy ...
Hosted on MSN
18h
China Warns US of "Unjust Suppression" After Tencent, CATL Added to Sanctions List
Tensions between the United States and China have escalated after Washington added two major Chinese companies to its list of ...
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