US adds Tencent and CATL to blacklist of companies working with China’s military
Read more at Financial Times
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Pentagon blacklisting of China’s EV battery maker puts US banks in bind
Involvement in Hong Kong secondary listing of CATL raises reputational risks for Wall Street groupsFinancial Times - 2h -
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 - 20h -
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 - 23h -
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 Pentagon and defense industry due to their alleged ties with China's ...The Hill - 15h -
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 -
Why China’s industrial giants won’t be damaged by latest US blacklisting
Being placed on the Chinese military blacklist does not carry specific penalties or immediate bansFinancial Times - 20h -
Tencent and CATL consider legal action over inclusion on Pentagon blacklist
Tech giant and biggest EV battery maker say designation as Chinese military companies is a ‘mistake’Financial Times - 20h -
Tencent shares fall 8% in Hong Kong after U.S. designates it 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 Ford and Tesla.CNBC - 1d
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