Tencent shares fall 8% in Hong Kong after U.S. designates it a Chinese military company
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U.S. Defense Department bans Tencent and other Chinese companies
Washington seeks to restrict sharing of advanced technology, deeming it a threat to national security.CBS News - 14h -
Pentagon Labels More Chinese Companies as Military in Nature
Tencent was added to the Defense Department’s list of “Chinese military companies,” contributing to a selloff in U.S.-listed shares of the WeChat owner.The Wall Street Journal - 19h -
U.S. Adds Tencent to Chinese Military Companies Blacklist
Tencent’s shares plunged nearly 10 percent after it was designated a military company. The Chinese battery manufacturer CATL was also added to the list.The New York Times - 22h -
US Blacklists Tencent Over Alleged Ties With Chinese Military
In the world of video games, Tencent is one of the major players in part because it owns Riot Games--the company behind League of Legends --as well as stakes in other companies, including Epic ...GameSpot - 17h -
US adds Tencent and CATL to blacklist of companies working with China’s military
Shares of WeChat owner and EV battery maker fall after defence department discloses designationFinancial Times - 23h -
U.S. Hits Chinese Cybersecurity Company With Sanctions After Breach
The agency imposed penalties on a company it blamed for supporting the Chinese hacking group Flax Typhoon in a 2022-23 infiltration.The New York Times - 4d -
Doomed to fail? Hong Kong’s attempt to tackle ‘shoebox housing’ runs into trouble
Authorities are seeking to fix the city’s problem of tiny, overcrowded housing but critics say the new regulations fail to capture the worst offenders. Lai Shan Zse moves quickly, bounding up the ...The Guardian - 5d -
Tesla shares fall as company reports first decline in annual deliveries
Reduced European subsidies, a US shift to lower-priced hybrids and Chinese competition have squeezed EV maker. Tesla reported its first decline in annual deliveries on Thursday, as the automaker ...The Guardian - 5d
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