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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.
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.
Pentagon Adds Chinese Social Media Giant to Military Blacklist
Tencent’s shares plunged nearly 10 percent after it was designated a military company. The Chinese battery manufacturer CATL was also added to the list.
Pentagon lists Tencent, CATL as Chinese military companies
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 known as CATL.
Chinese Tech Giants 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
US adds Tencent and CATL to list of companies working with China’s military
The gaming and social media group, which owns ubiquitous Chinese messaging app WeChat, was added to a list of dozens of companies the defence department considers to be working with the Chinese military directly or indirectly,
US adds Chinese tech giants to list of companies allegedly working with China’s military
The US Defense Department has added Chinese tech companies Tencent, a social media and gaming giant, and CATL, the world’s largest battery maker, to a list of firms that it alleges work with China’s military.
US Adds Tencent, CATL to List of Chinese Firms Allegedly Aiding Beijing's Military
A staff member cleans a display showing the locations of battery maker CATL's production bases, at the CATL booth during the first China International Supply Chain Expo (CISCE) in Beijing, China November 28,
US says tech giant Tencent works with Chinese military
The US has added several Chinese technology companies, including gaming and social media giant Tencent and battery maker CATL, to a list of businesses it says work with China's military. The list serves as a warning to American companies and organisations about the risks of doing business with Chinese entities.
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China Market Update: No Executive Order Means No Problem For US Investors
Asian equities were mixed but mostly higher overnight as Mainland China outperformed while Hong Kong and the Philippines ...
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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 ...
devdiscourse
12h
Investor Apprehension Rattles Chinese and Hong Kong Markets
Shares in China and Hong Kong faced significant declines following the U.S. Defense Department's decision to add firms like ...
5h
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 ...
46m
on MSN
Chinese tech stocks suffer fresh hit as US drags Tencent, CATL into military sphere
Tencent, the operator of super-app WeChat, slumped 5.2 per cent to HK$388.20 in Hong Kong, tracking a 7.6 per cent slide in its American depositary shares in New York overnight. C ...
16h
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 ...
1d
on MSN
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 ...
Interesting Engineering on MSN
4d
World’s largest EV battery maker unveils 373-mile-range swappable batteries
Battery maker CATL will roll out a network of 30,000 battery-swapping units in China over the next few years to unlock the ...
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