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 ...
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 ...
Buy The Dip: Tencent's Value Thesis Not Changed By U.S. Blacklist Concern
Tencent's strong fundamentals and buyback strategy present a buying opportunity despite U.S. blacklisting. Click here to read my analysis of TCEHY stock.
Prosus Shares Fall After Tencent Labeled as Military in Nature by Pentagon
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 Makes Biggest Buyback Since 2006 After Addition to Pentagon List
China’s largest public company by market capitalization spent the equivalent of about $193 million to buy back 3.93 million ...