The United States has labeled additional Chinese tech and social media firms as Beijing military companies, including multimedia firm Tencent and battery maker Contemporary Amperex Technology, better ...
KEY TAKEAWAYS 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."The ...
The Pentagon has added major Chinese tech firms, including Tencent and CATL, to its list of companies it says have ties to China’s military. (Kiichiro Sato/AP) HONG KONG — The U.S. Defense ...
The Defense Department has added dozens of Chinese firms to a list of companies that are prohibited from working with the Pentagon and defense industry due to their alleged ties with China’s military, ...
The largest lobbying firm in the United States has refused to drop Tencent as a client even as the Pentagon warns of its ties to the Chinese military.
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 ...
Tencent 700-2.74%decrease; red down pointing triangle bought back the most number of shares in a single day Wednesday, a move that should support the share price after the Chinese tech giant’s ...
The company has no connection to Pentagon's alleged claim of "collaborating with the Chinese military." Some mainstream ...
Tencent, which owns several popular video games ... not be affected because the list only prohibits working with the Pentagon and defense industry. The U.S. and China have engaged in more ...
China’s largest public company by market capitalization spent the equivalent of about $193 million to buy back 3.93 million ...
"Tencent's inclusion on this list is clearly ... engaged in any military-related activities," CNBC News reported. The Pentagon published the updated Section 1260H list on Monday, in accordance ...