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.
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."
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.
Financial writer discusses Tencent and CATL being added to the CMC List, versus OFAC List, and Tencent's revenue sources. Click to read.
NBA team celebrations will tip off on Jan 23 when the Golden State Warriors visit the Sacramento Kings, and the Houston Rockets host the Cleveland Cavaliers. Twenty-one NBA teams will celebrate the Year of the Snake with in-arena activations and/or social and digital content.
Hong Kong stocks rebounded from a four-month low after China’s securities regulator pledged to stabilise the market after a wobbly start to the year. The Hang Seng Index rose 1.4 per cent to 19,141.13 at the noon break,
HONG KONG (Reuters) - Chinese battery giant CATL has hired banks, including JPMorgan and Bank of America, to work on a Hong Kong listing, in what could be one of the city's largest offerings in 2025, two people with knowledge of the deal said.
Readers discuss the influx of foreign users on China's RedNote, tech-military ties, selfish smokers, and a former Hong Kong chief executive's office Feel strongly about these letters, or any other aspects of the news?