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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.
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 makes $193 million share buyback after US blacklist inclusion triggered sell-off
Tencent Holdings Ltd., China’s tech giant and social media behemoth, is navigating turbulent waters following its inclusion on a list over alleged ties to the Chinese military. This action has triggerred a sharp selloff of its stock.
23h
on MSN
US adds Tencent, CATL to list of Chinese firms allegedly aiding Beijing's military
By Michael Martina, David Shepardson and Karen Freifeld WASHINGTON/NEW YORK (Reuters) - The U.S. Defense Department said on ...
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 ...
3d
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 ...
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 ...
中国日报网
3d
Tencent's inclusion on Pentagon list puzzling
Citigroup analyst Alicia Yap reiterated a "buy" rating and "top pick status" on Tencent, according to Business Insider. She ...
Forbes
3d
Tencent Plunges After Landing On U.S. List Of Military-Linked Firms
BEIJING, CHINA - MARCH 03: 'Pony' Ma, Chairman and Chief Executive Officer of
Tencent
Holdings
Ltd
., speaks at a news conference in 2016 in Beijing. Chinese web giant
Tencent
was added to a ...
Digi Times
3d
US Department of Defense blacklists Tencent, CATL, and CXMT amid escalating tech tension
The US Department of Defense (DoD) has added Tencent Holdings, Contemporary Amperex Technology Co., Limited (CATL), and ...
3d
Tencent Challenges Inclusion in U.S. Defense List
Discover outperforming stocks and invest smarter with Top Smart Score StocksFilter, analyze, and streamline your ...
7h
Alibaba studio pulls top game from Vivo’s app store after similar move by Tencent
The move comes amid ongoing disputes between Chinese video game companies and smartphone brands over app-store commission ...
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