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Tencent Plunges
Tencent Makes Biggest Buyback Since 2006 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 shares on Tuesday.
U.S. adds Tencent to list of firms allegedly aiding Chinese military
The U.S. Defense Department said on Monday it has added Chinese tech giants including gaming and social media leader Tencent Holdings and battery maker CATL to a list of firms it says work with China's military.
Tencent Plunges After Landing On U.S. List Of Military-Linked Firms
Chinese web giant Tencent was added to a U.S. list of military-linked firms, spooking investors and triggering as much as a 7% plunge in its Hong Kong-listed shares.
US now considers Tencent a ‘Chinese military’ company
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.
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 Ford and Tesla.
U.S. Defense Department bans Tencent and other Chinese companies
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.
7h
on MSN
Tencent Makes Biggest Buyback Since 2006 After US Blacklist
Tencent Holdings Ltd. repurchased the most shares in nearly two decades after a selloff sparked by the tech firm’s addition ...
29m
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 ...
39m
Alibaba revamps gift-giving feature on Taobao marketplace to fend off Tencent competition
The Taobao marketplace run by Chinese e-commerce giant Alibaba Group Holding on Wednesday revamped its gift-giving feature to ...
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 ...
Digi Times
1d
Tencent addresses US Department of Defense blacklist inclusion amid market fallout
The US Department of Defense (DoD) has classified Tencent Holdings and other Chinese companies as "Chinese military companies ...
devdiscourse
17h
U.S.-China Tensions Flare as Tencent and CATL Face Military Links
The U.S. Defense Department has listed Chinese firms Tencent and CATL among companies allegedly linked to China's military, ...
1d
Tencent Challenges Inclusion in U.S. Defense List
Discover outperforming stocks and invest smarter with Top Smart Score StocksFilter, analyze, and streamline your ...
1d
Tencent, Li Auto drag Hong Kong stocks to 1-month 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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