Other Chinese companies added to the list included battery maker CATL, which is part of the supply chain for automakers like Ford and Tesla.
Hong Kong stocks rebounded from a six-week low as Tencent Holdings snapped a six-day slump and amid speculation China will step up policy measures to revive growth to end persistent deflation in the economy.
Tencent executed its largest share buyback since 2006, acquiring HK$1.5 billion worth of shares to counter the fallout from a 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.
The Department of Defense added Tencent, CATL and dozens of firms as ‘Chinese military companies’ in register, stoking steep losses.
Tencent was added to a list of 'Chinese military companies' by the U.S. Department of Defense. Shares slide in Hong Kong after the company's U.S. depository receipts fell about 8% overnight.
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.
Shares of Tencent Holdings dropped nearly 8% in Hong Kong after being added to the U.S. Department of Defense's list of Chinese military companies. Tencent’s U.S. depository receipts mirrored the decline,
Financial writer discusses Tencent and CATL being added to the CMC List, versus OFAC List, and Tencent's revenue sources. Click to read.
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
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."
Hong Kong stocks surrendered gains, sending the benchmark index back to a six-week low, on concern sticky deflation in mainland China will hamper efforts to recharge the economy. Tencent Holdings ...