Tencent Shares Slide After Pentagon Blacklists Chinese Tech Giant
Chinese internet giant Tencent’s shares slumped sharply on Tuesday after the company was added to a Pentagon blacklist for its alleged links with the Chinese military, prompting criticism from authorities in Beijing and denial by the company.
Tencent Stock Falls After U.S. Adds WeChat Owner to ‘Chinese Military’ List
Shares in Tencent dropped, after the Pentagon added the social-media and videogaming company to its list of "Chinese military companies." Tencent said the addition was "clearly a mistake." Hong Kong-listed stock in Tencent fell more than 7%.
Chinese property developer Sunac China Holdings Ltd.’s shares and dollar notes fell to their lowest levels in months, as ...
Chinese shares closed lower, weighed down by losses in liquor and telecommunication stocks. The Shanghai and Shenzhen stock ...
The U.S. Defense Department said on Monday it has added Chinese tech giant Tencent Holdings and battery maker CATL to a list ...
Asian shares mostly slipped Thursday, led by losses of more than 2% in Chinese benchmarks, as the region’s main stock market ...
China's Shanghai Composite index slipped 0.14 percent to 3,206.92 and the onshore yuan breached a key milestone for the first time since late 2023 amid reports that the People's Bank of China will ...
Other Chinese companies added to the list included battery maker CATL, which is part of the supply chain for automakers like ...
The Pentagon is banning a number of Chinese technology firms, including CATL, the world’s largest EV battery manufacturer, which provides batteries to Tesla.
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