U.S. Defense Department says Tencent and other Chinese companies have ties to China's military
The U.S. Defense Department has added dozens of Chinese companies, including games and technology company Tencent, artificial ...
Tencent makes $193 million share buyback after US blacklist inclusion triggered sell-off
Tencent executed its largest share buyback since 2006, acquiring HK$1.5 billion worth of shares to counter the fallout from a ...
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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 ...
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 ...
Pentagon blacklists Tencent, largest Chinese EV battery maker
The Defense Department has added dozens of Chinese firms to a list of companies that are prohibited from working with the ...
Why did the US designate Tencent as a Chinese Military Company?
As expected, Tencent has denied the U.S. DoD’s claims that it is a Chinese military company. Tencent has already formally told Bloomberg that its inclusion on the list is “Clearly a mistake.” Ever the ...
Tencent’s placement on US military list casts shadow over Prosus, Naspers
However, a presence on the CMC list has no legal ramifications according to analysts and a spokesperson for Tencent said ...
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 ...