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shaving off 32.2 billion yuan ($4.4 billion) in market value. Both companies called the move, which comes two weeks before U.S. President-elect Donald Trump takes office, a "mistake". Tencent said ...
In addition, Tencent owns majority stakes in Dying Light developer Techland, Rime studio Tequila Works, plus mobile studios Miniclip and Supercell. Fortnite and Unreal Engine maker Epic Games is ...
Tencent was added to a U.S. Defense Department list of companies connected to the Chinese military. This will prevent U.S. entities from investing in Tencent, though it doesn't have significant ...
The U.S. Defense Department has added dozens of Chinese companies, including games and technology company Tencent ... CATL's stock fell 2.84% in Shenzhen. AI company SenseTime said in a statement ...
Shares of Tencent Holdings sank 7% in Hong Kong trading ... as well as Chrysler and Jeep parent Stellantis (STLA). Its shares fell 2% on the Shenzhen Stock Exchange. "As the Company is neither ...
Chinese internet giant Tencent insisted it is not a military supplier after the US Department of Defence (DoD) added it to a list of companies suspected of working with the Chinese military, a move it ...
HONG KONG — (AP) — The U.S. Defense Department has added dozens of Chinese companies, including games and technology company Tencent ... CATL's stock fell 2.84% in Shenzhen.
Shares of Prosus, Tencent's largest shareholder, fell after the Pentagon labeled the Chinese tech giant as military in nature. In early European trading, Prosus shares fell 1.75% to 35.0 euros.
TENCENT (00700.HK) noted that the US Department of Defense has scheduled to publish the Notice of Availability of Designation of Chinese Military Companies today (7th), according to TENCENT's ...
The US has added several Chinese technology companies, including gaming and social media giant Tencent and battery maker CATL, to a list of businesses it says work with China's military.
The US Department of Defense has added Chinese tech companies Tencent, a social media and gaming giant, and CATL, the world’s largest battery maker, to a list of firms that it alleges work with ...