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Tencent, Chinese military
US adds Tencent, CATL to list of Chinese firms allegedly aiding Beijing's military
By Michael Martina, David Shepardson and Karen Freifeld WASHINGTON/NEW YORK (Reuters) - The U.S. Defense Department said on Monday it has added Chinese tech giant Tencent Holdings and battery maker CA
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
Tencent has been designated a Chinese military company by the US Department of Defense, which the conglomerate calls a 'misunderstanding'
But several US-based videogame companies, including Microsoft, would be considered US military companies if the same metric was applied to them.
Tencent Makes Biggest Buyback Since 2006
Tencent Makes Biggest Buyback After Addition to Pentagon List
China’s largest public company by market capitalization spent the equivalent of about $193.3 million to buy back 4.05 million shares on Wednesday.
Tencent Makes Biggest Buyback Since 2006 After US Blacklist
Tencent Holdings Ltd. repurchased the most shares in nearly two decades after a selloff sparked by the tech firm’s addition to a US blacklist for alleged links to the Chinese military.
Tencent makes $193 million share buyback after US blacklist inclusion triggered sell-off
Tencent Holdings Ltd., China’s tech giant and social media behemoth, is navigating turbulent waters following its inclusion on a list over alleged ties to the Chinese military. This action has triggerred a sharp selloff of its stock.
7h
Buy The Dip: Tencent's Value Thesis Not Changed By U.S. Blacklist Concern
Tencent's strong fundamentals and buyback strategy present a buying opportunity despite U.S. blacklisting. Click here to read ...
2d
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 ...
2d
Tencent's US blacklisting stokes fear of tech war escalation with China
The US government's move to add Tencent Holdings, China's most valuable company, to its list of Chinese military firms has ...
10h
Tencent: Growth At The Right Price
Tencent's strong social media and fintech segments, coupled with a positive gross profit trend, underline favorable business ...
2d
on MSN
China's markets had a shaky start to the year, including a blow to 2 major tech companies
The Pentagon has designated two major high-profile tech companies — Tencent and CATL — as Chinese military companies ...
10h
on MSN
Hong Kong stocks surrender gain on China deflation risk as Tencent snaps 6-day rout
Tencent stepped up stock buy-backs after a HK$477 billion sell-off in the past six trading days Hong Kong stocks surrendered gains, sending the benchmark index back to a six-week low, on concern ...
1d
Alibaba revamps gift-giving feature on Taobao marketplace to fend off Tencent competition
The Taobao marketplace run by Chinese e-commerce giant Alibaba Group Holding on Wednesday revamped its gift-giving feature to ...
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