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Tencent Makes Biggest Buyback Since 2006
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 to a US blacklist for alleged links to the Chinese military.
Tencent buys back shares after US blacklists Chinese firm
Chinese tech major Tencent Holding Ltd on Tuesday made its largest share repurchase in 20 years after it was blacklisted for allegedly aiding the Chinese military by the US Department of Justice (DoJ).
Tencent's inclusion on Pentagon list puzzling
Citigroup analyst Alicia Yap reiterated a "buy" rating and "top pick status" on Tencent, according to Business Insider. She wrote in a research report that Tencent's growth outlook and fundamentals are sound. She sees the selloff as an "enhanced buying opportunity" and has a HK$573 price target on the share.
Game Rant
17h
Tencent Branded a Chinese Military Company by US Government
Tencent Holdings Limited, the parent company of Tencent Games, is now considered a Chinese military company by the United ...
7h
Assessing Prosus' Value After The Despegar Acquisition And Tencent's Correction
Prosus N.V. presents a "double discount" opportunity for value investors. See why PROSY stock might be worth a closer look ...
1d
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 ...
Digi Times
2d
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 ...
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'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 ...
2d
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 ...
2d
Citi Remains a Buy on Tencent Holdings Limited (TCTZF)
In a report released today, Alicia Yap from Citi reiterated a Buy rating on Tencent Holdings Limited (TCTZF – Research Report), with a price ...
19h
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 ...
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