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Tencent shares fall 8% in Hong Kong
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.
Pentagon lists Tencent, CATL as Chinese military companies
The United States has labeled additional Chinese tech and social media firms as Beijing military companies, including multimedia firm Tencent and battery maker Contemporary Amperex Technology, better known as CATL.
US designates Tencent a Chinese military company
The list serves as a warning to American companies and organisations about the risks of doing business with Chinese entities. While inclusion does not mean an immediate ban, it can add pressure on the US Treasury Department to sanction the firms.
Hong Kong, Pony.ai and robotaxi
New rail services connect Hong Kong with Xi'an, Wuhan
The first direct high-speed rail service between Xi'an, capital of Shaanxi province, and Hong Kong was launched on Sunday (Jan 5), marking a significant step in connecting China's northwestern inland region with the southern metropolis.
China’s Pony.ai looks to develop robotaxi services in Hong Kong, Reuters reports
China-based Pony.ai (PONY) is looking to initiate a robotaxi services in Hong Kong, similar to Baidu (BIDU), Reuters reports.Don't Miss Our
China's Pony.ai eyes robotaxi services in Hong Kong, joining Baidu
Guangzhou-based Pony.ai Inc is seeking to launch its robotaxi services in Hong Kong, joining Baidu in a race to provide services in the city, as the autonomous driving firm looks to expand its operations globally.
2h
on MSN
Tencent loses billions in market value after the U.S. accuses the video game giant of links to China’s military
The Department of Defense accused Tencent and EV battery giant CATL of having ties to China's military. Tencent calls the ...
16h
Hong Kong struggles to improve conditions in tiny, crowded homes
Housing is famously cramped in the Asian financial hub of Hong Kong, thanks to sky-high property prices, but a single toilet ...
decrypt
13h
Hong Kong Deepfake Scam Group Caught Pretending to Be Rich Single Women
Notebooks seized by local law enforcement revealed elaborate methods to dupe users out of their money, which included ...
5h
Leave Hong Kong: advice to city’s best football prospect as he moves to mainland China
Teenage winger told he should ‘get out of Hong Kong’ so he can develop among better players and fulfil his potential.
1d
Hong Kong’s Cabbies, Long Scorned and Frustrated, Face the End of an Era
A government push to modernize taxi services comes up against the habits of drivers known for driving fast and accepting only ...
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1d
Two direct high-speed rail routes link China's Shaanxi and Hubei with Hong Kong
XI'AN/WUHAN -- New high-speed rail services linking Hong Kong with Xi'an and Wuhan, two major cities in China, were ...
3d
on MSN
Hong Kong Rebounds, Shanghai Falls Amid US-China Trade Tensions
The Shanghai Composite Index dropped 1.6 percent to 3,211.43, and Shenzhen's benchmark fell 2.7 percent, with these contrasting performances highlighting the ongoing instability in Asian markets amid ...
Cryptopolitan on MSN
8d
China’s central bank highlights Hong Kong’s crypto licensing push amid global regulatory shifts
In its latest China financial stability report, the People's Bank of China highlighted the strides Hong Kong has made in ...
7d
China Market Update: Mainland Buying Makes Up Half Of Hong Kong Turnover
Asian equities were largely lower on light volumes as the Philippines was closed for Rizal Day, which is a national holiday ...
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5h
Hong Kong eases requirements for investors under new investment attraction scheme
The HKSAR government also shortened the period of time an applicant is required to possess no less than HK$30 million ($3.86 ...
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