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The US just added Tencent — which backs US startups
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.
The US just added Tencent — which backs US startups — to its list of ‘Chinese military’ companies
While the Chinese internet giant Tencent is best known for its super app WeChat, it’s also a major investor in U.S. tech companies and startups. Some of
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 CATL to its list of companies it says have ties to China’s military.
1d
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 ...
12h
on MSN
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 ...
13h
Tencent: Recent Blacklist May Provide An Attractive Entry Point For Politically Neutral Investors
TCEHY's performance and valuation amidst geopolitical tensions and economic challenges, highlighting growth potential and ...
2d
Why Tencent Stock Was Falling Today
Citigroup has described the slide in Tencent's stock price as an enhanced buying opportunity. The tech company remains ...
11h
Why did the US designate Tencent as a Chinese Military Company?
As expected, Tencent has denied the U.S. DoD’s claims that it is a Chinese military company. Tencent has already formally told Bloomberg that its inclusion on the list is “Clearly a mistake.” Ever the ...
15h
WeChat owner Tencent makes the US DoD's naughty list
Tencent could face new challenges as it has now been added to the US Department of Defense's list as a Chinese military ...
17h
on MSN
Tencent’s placement on US military list casts shadow over Prosus, Naspers
However, a presence on the CMC list has no legal ramifications according to analysts and a spokesperson for Tencent said ...
1d
on MSN
Tencent loses billions in market value after the U.S. accuses the video game giant of links to China’s military
The Department of Defense accused Tencent and EV battery giant CATL of having ties to China's military. Tencent calls the ...
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