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.
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,
Tencent Stock Falls After Pentagon 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%.
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.
China Blasts US Adding Tencent, CATL To Military Firms List
China on Tuesday accused Washington of "suppression" after the US Defense Department added tech giant Tencent and battery manufacturer CATL to a list of firms it says are affiliated with Beijing's military.
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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 ...