Shares of Tencent Holdings sank 7% in Hong Kong trading Tuesday after the WeChat parent was added by the U.S. Department of ...
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.
The largest lobbying firm in the United States has refused to drop Tencent as a client even as the Pentagon warns of its ties to the Chinese military.
The United States has labeled additional Chinese tech and social media firms as Beijing military companies, including multimedia firm Tencent and battery maker Contemporary Amperex Technology, better ...
Tencent Holdings Limited, the parent company of Tencent Games, is now considered a Chinese military company by the United States government.
The video game company, best known for owning "League of Legends," was designated a "Chinese Military Company" by the ...
The company has no connection to Pentagon's alleged claim of "collaborating with the Chinese military." Some mainstream ...
Citigroup analyst Alicia Yap reiterated a "buy" rating and "top pick status" on Tencent, according to Business Insider. She wrote in a research report that Tencent's growth outlook and fundamentals ...
Tencent, which owns several popular video games ... not be affected because the list only prohibits working with the Pentagon and defense industry. The U.S. and China have engaged in more ...
The US government's move to add Tencent Holdings, China's most valuable company, to its list of Chinese military firms has raised concerns about further bifurcation in the technology spheres of the ...
The U.S. Defense Department said on Monday it has added Chinese tech giant Tencent Holdings and battery maker CATL to a list ...
Tencent 700-0.58%decrease ... should support the share price after the Chinese tech giant’s appearance on a Pentagon list triggered one of its heaviest selloffs in years. China’s largest ...