Tencent, CATL shares sink after addition to Pentagon's China military list
HONG KONG -- The share prices of Chinese tech conglomerate Tencent Holdings and battery maker Contemporary Amperex Technology (CATL) fell sharply on Tuesday, after they were added to a Pentagon list of companies with alleged ties to China's military.
The deals amounted to HK$322.24m, or at HK$379.1 per share, 7.4% lower than previous close. TENCENT is now trading down 7.47% to HK$378.8, with 137.8 million shares of HK$52.82b ...
Shares of Tencent (OTC: TCEHY), the Chinese tech giant and owner of the WeChat superapp, were tumbling Monday after the U.S.
Tencent Music Entertainment Group (NYSE:TME – Get Free Report) has earned an average rating of “Moderate Buy” from the ...
Goldman Sachs analyst Keung maintains Buy rating on Tencent Holdings. Bullish on company's platform leadership, focus on ...
As of now, there has been no official statement from Tencent regarding the designation or its plans to address the concerns ...
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