Tencent Stock Sinks After Pentagon Labels It 'Chinese Military' Company
KEY TAKEAWAYS Shares of Tencent Holdings sank 7% in Hong Kong trading Tuesday after the WeChat parent was added by the U.S.
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 ...
Why China’s industrial giants won’t be damaged by the latest US blacklisting
The inclusion of Chinese companies on US blacklists is hardly new. But in recent years, the growing dominance of Chinese firms in sectors such as electric vehicle batteries and shipbuilding has ...
Trump’s attorneys have reviewed draft of final special counsel report; want it blocked from public release
Lawyers for Donald Trump have reviewed a draft of special counsel Jack Smith’s final report related to federal investigations into the president-elect.
Tencent and CATL consider legal action over inclusion on Pentagon blacklist
Tencent and CATL are planning legal action to challenge being placed on a Pentagon list as “Chinese military companies”, if talks with the US defence department fail to get their new designations ...