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Tencent Makes Biggest Buyback

Hosted on MSN · 20h

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.

Wall Street Journal · 13h

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.

Daily Maverick on MSN · 1d

Military blacklisting prompts Tencent’s biggest buyback in almost 20 years – and pushes Naspers share price down 11%

The US military blacklist does not carry direct sanctions or penalties but discourages US businesses from engaging with these entities. The idea is to identify and discourage US business with companies with alleged connections to the Chinese military.

Tencent, Chinese military

TechCrunch on MSN · 2d

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

The Associated Press - Busines… · 2d

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 CATL to its list of companies it says have ties to China’s military.

Game Rant · 1d

Tencent Branded a Chinese Military Company by US Government

Tencent Holdings Limited, the parent company of Tencent Games, is now considered a Chinese military company by the United States government.

14hon MSN

U.S. blacklist: Near-term earnings impact on Tencent and CATL 'fairly negligible,' says strategist

Eugene Hsiao, head of China equity strategy at Macquarie Capital, says "my best guess here is Tencent and CATL are not major ...

Ubisoft Refuses To Comment On Tencent Rumors But Says It's Exploring Options To Maximize Value

Ubisoft confirms it is exploring "transformational strategic and capitalistic options" to help turn things around.

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

Tencent Shares Slide After Pentagon Blacklists Chinese Tech Giant

Chinese internet giant Tencent’s shares slumped sharply on Tuesday after the company was added to a Pentagon blacklist for ...

Rock Paper Shotgun1d

World's biggest game publisher Tencent threaten to sue US government for listing them as a Chinese military company

Yesterday, we reported that the US federal government had placed Chinese video game publisher Tencent - owner of ...

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

Tencent Plunges After Landing On U.S. List Of Military-Linked Firms

Chinese web giant Tencent was added to a U.S. list of military-linked firms, spooking investors and triggering as much as a 7 ...

3hon MSN

US trade office removes Tencent’s WeChat from ‘notorious’ counterfeit sellers list

WeChat was among six online Chinese platforms and nine bricks-and-mortar sellers added to the counterfeit goods list in 2022.

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