Tencent Shares Slide After Pentagon Blacklists Chinese Tech Giant
Chinese internet giant Tencent’s shares slumped sharply on Tuesday after the company was added to a Pentagon blacklist for its alleged links with the Chinese military, prompting criticism from authorities in Beijing and denial by the company.
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.
Chinese property developer Sunac China Holdings Ltd.’s shares and dollar notes fell to their lowest levels in months, as ...
Fed Bank of Atlanta President Raphael Bostic said on Tuesday that officials should be cautious with policy decisions, given uneven progress on lowering inflation.
Chinese shares closed lower, weighed down by losses in liquor and telecommunication stocks. The Shanghai and Shenzhen stock ...
Asian shares mostly slipped Thursday, led by losses of more than 2% in Chinese benchmarks, as the region’s main stock market ...
China's Shanghai Composite index slipped 0.14 percent to 3,206.92 and the onshore yuan breached a key milestone for the first time since late 2023 amid reports that the People's Bank of China will ...
Chinese shares closed lower, with the Shanghai Composite Index dropping 1.6% to 3211.43. The Shenzhen Composite Index fell ...
The Pentagon is banning a number of Chinese technology firms, including CATL, the world’s largest EV battery manufacturer, which provides batteries to Tesla.
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