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Tencent, Chinese Military

The Associated Press - Busines… · 3d

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 · 2d

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.

The Independent on MSN · 3d

US adds Tencent to blacklist of firms with suspected ties to Chinese military

The US has added social media and gaming giant Tencent to an updated list of firms that it alleges have ties to China ’s military. The Defense Department has added the parent company of WeChat to its annually updated Section 1260H list of companies which Washington believes participate in China’s “Military-Civil Fusion strategy”.

Tencent Makes Biggest Buyback

Bloomberg L.P. · 2d

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.

The Wall Street Journal on MSN · 2d

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 · 2d

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 shares plunge over 7pc in HK after US labels it a ‘Chinese military’ firm

Shares in technology giant Tencent plummeted more than seven per cent in Hong Kong on Tuesday after it was named by the ...

2don MSN

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 ...

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