Tencent shares fall 8% in Hong Kong after U.S. designates it a Chinese military company
Other Chinese companies added to the list included battery maker CATL, which is part of the supply chain for automakers like Ford and Tesla.
U.S. Defense Department says Tencent and other Chinese companies have ties to China's military
The U.S. Defense Department has added dozens of Chinese companies, including games and technology company Tencent, artificial intelligence firm SenseTime and the world's biggest battery maker CATL, to a list of companies it says have ties to China's military.
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, artificial intelligence firm SenseTime and the world’s biggest battery maker C
Tencent Stock Sinks After Pentagon Labels It 'Chinese Military' Company
Shares of Tencent Holdings sank 7% in Hong Kong trading Tuesday after the WeChat parent was added by the U.S. Department of Defense to its list of "Chinese military companies."
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 of companies it says work with China's military, in a move set to escalate U.
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).
Tesla's Battery Supplier CATL And Tencent Added To List Of Companies With Ties To Chinese Military
The Pentagon recently added Tesla’s battery suppliers, Contemporary Amperex Technology, and Tencent to its list of companies with ties to the Chinese military. While the designation has minimal direct business impact,
Tencent Makes Biggest Buyback After Addition to Pentagon List
China’s largest public company by market capitalization spent the equivalent of about $193 million to buy back 3.93 million ...
China Market Update: Mainland Investors Buy $6 Billion In Hong Kong On Weakness, Week In Review
Asian equities were mixed but mostly lower overnight as Pakistan and Thailand outperformed and Mainland China and Singapore ...
Tencent makes $193 million share buyback after US blacklist inclusion triggered sell-off
Tencent executed its largest share buyback since 2006, acquiring HK$1.5 billion worth of shares to counter the fallout from a ...
Tencent, Xiaomi drag Hong Kong stocks to 6-week low on US-China geopolitical concerns
The Department of Defense added dozens of firms as ‘Chinese military entities’ in register on January 7, stoking steep stock ...
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Shares of Tencent fall 5% in Hong Kong after U.S. designates it as a Chinese military company
Other Chinese companies added to the list included battery maker CATL, which is part of the supply chain for automakers like ...