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.
US adds Tencent, CATL to list of Chinese firms allegedly aiding Beijing's military
The U.S. Defense Department said on Monday it has added Chinese tech giant Tencent Holdings and battery maker CATL to a list of companies it says work with China's military, in a move set to escalate U.
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 Military Companies'
The US Defense Department has added Chinese tech giant Tencent and battery manufacturer CATL to a list of companies it says are affiliated with Beijing's military.
US designates Tencent a Chinese military company, adding tech giant to blacklist
The Defense Department added video game maker Tencent Holdings to its "blacklist" of companies doing business in the U.S. while allegedly aiding the Chinese military.
U.S. Defense Department bans Tencent and other Chinese companies
The U.S. Defense Department has added dozens of Chinese companies, including games and technology company Tencent, artificial intelligence firm SenseTime and the world's biggest battery maker CATL, to a list of companies it says have ties to China's military.
Prosus Shares Fall After Tencent Labeled as Military in Nature by Pentagon
Shares of Prosus, Tencent's largest shareholder, fell after the Pentagon labeled the Chinese tech giant as military in nature. In early European trading, Prosus shares fell 1.75% to 35.0 euros. However,
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%.
Tencent falls after U.S. deems Chinese military entity
Shares of Tencent (TCEHY) are moving lower after the company was among several labeled as Chinese military entities in a Federal Register
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Pentagon blacklists Chinese tech firms over alleged military ties
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Tencent loses billions in market value after the U.S. accuses the video game giant of links to China’s military
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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 ...
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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 ...