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Tencent Makes Biggest Buyback Since 2006
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.
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 US blacklist.
Tencent Shares Decline After US Adds Company to Chinese Military Blacklist
The US has blacklisted Tencent Holdings Ltd. and Contemporary Amperex Technology Co. Ltd. for alleged links to the Chinese military, targeting the world’s biggest gaming publisher and top electric-vehicle battery maker in a surprise move weeks before Donald Trump takes office.
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 ...
1d
on MSN
US trade office removes Tencent’s WeChat from ‘notorious’ counterfeit sellers list
WeChat was among six online Chinese platforms and nine bricks-and-mortar sellers added to the counterfeit goods list in 2022.
23h
US adds Tencent, CATL to list of Chinese firms allegedly aiding Beijing's military
The U.S. Defense Department said on Monday it has added Chinese tech giant Tencent Holdings and battery maker CATL to a list ...
JD Supra
3d
DOJ Levels-Up Section 8 Enforcement: Gaming Company Director Resigns from Competitor’s Board in Response to DOJ Scrutiny
On December 18, 2024, the Department of Justice (the “DOJ”) announced that Tencent Holdings Ltd. (“Tencent”) had removed two directors from the ...
2d
Tencent’s US blacklisting stokes fear of tech war escalation with China
Tencent’s addition to the Pentagon blacklist raises risks for further sanctions and trade restrictions on Chinese businesses, ...
1d
Ubisoft Investors Grill CEO, CFO on Potential Tencent Sale, Delays, and Financial Woes
In an emergency conference call today, investors grilled CEO Yves Guillemot and CFO Frederick Duguet for answers on Ubisoft's ...
NBC Los Angeles
3d
Shares of Tencent fall 5% in Hong Kong after U.S. designates it as 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 ...
3d
Tencent Challenges Inclusion in U.S. Defense List
Discover outperforming stocks and invest smarter with Top Smart Score StocksFilter, analyze, and streamline your ...
1d
Assessing Prosus' Value After The Despegar Acquisition And Tencent's Correction
Prosus N.V. presents a "double discount" opportunity for value investors. See why PROSY stock might be worth a closer look ...
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