Tencent shares fall 8% in Hong Kong after U.S. designates it 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.
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 C
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.
Tencent Stock Sinks After Pentagon Labels It 'Chinese Military' Company
Shares of Tencent Holdings sank 7% in Hong Kong trading Tuesday after the WeChat parent was added by the U.S. Department of Defense to its list of "Chinese military companies."
US adds Tencent, CATL to list of Chinese firms allegedly aiding Beijing's military
Hong Kong-listed shares of Tencent ... Shenzhen-listed shares of CATL closed 2.8% lower, shaving off 32.2 billion yuan ($4.4 billion) in market value. Both companies called the move, which ...
U.S. Designates Tencent and CATL as Military Companies, Shares Plunge
Tencent Holdings and Contemporary Amperex Technology Co. Ltd. (CATL) have faced significant stock declines following their recent designation as “Chinese military companies” by the U.S. Department of Defense (DoD).
Tesla's Battery Supplier CATL And Tencent Added To List Of Companies With Ties To Chinese Military
The Pentagon recently added Tesla’s battery suppliers, Contemporary Amperex Technology, and Tencent to its list of companies with ties to the Chinese military. While the designation has minimal direct business impact,
CATL’s $5 bln listing future-proofs enviable lead
The world's largest battery maker is determined to shore up its dominance. A planned Hong Kong listing for China's ...
LG Electronics India, CATL, and other major Asian IPOs to watch out for in 2025
Asia's IPO market is set for a rebound in 2025, with India's record-breaking pipeline and Hong Kong's recovery leading the ...
China Market Update: No Executive Order Means No Problem For U.S. Investors
Asian equities were mixed but mostly higher overnight as Mainland China outperformed while Hong Kong and the Philippines ...
Tencent, Xiaomi drag Hong Kong stocks to 6-week 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 ...
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 ...