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Tencent Makes Biggest Buyback
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 shares on Tuesday.
Tencent Makes Biggest Buyback Since 2006 After US Blacklist
Tencent Holdings Ltd. repurchased the most shares in nearly two decades after a selloff sparked by the tech firm’s addition to a US blacklist for alleged links to the Chinese military.
Tencent makes $193 million share buyback after US blacklist inclusion triggered sell-off
Tencent Holdings Ltd., China’s tech giant and social media behemoth, is navigating turbulent waters following its inclusion on a list over alleged ties to the Chinese military. This action has triggerred a sharp selloff of its stock.
Tencent, Chinese military
The US just added Tencent — which backs US startups — to its list of ‘Chinese military’ companies
While the Chinese internet giant Tencent is best known for its super app WeChat, it’s also a major investor in U.S. tech companies and startups. Some of
US adds Tencent, CATL to list of Chinese firms allegedly aiding Beijing's military
The U.S. Defense Department said on Monday it has added Chinese tech giant Tencent Holdings and battery maker CATL to a list of companies it says work with China's military, in a move set to escalate U.
Tencent Branded a Chinese Military Company by US Government
Tencent Holdings Limited, the parent company of Tencent Games, is now considered a Chinese military company by the United States government.
1d
Tencent Plunges After Landing On U.S. List Of Military-Linked Firms
Chinese web giant Tencent was added to a U.S. list of military-linked firms, spooking investors and triggering as much as a 7 ...
12h
Tencent: Recent Blacklist May Provide An Attractive Entry Point For Politically Neutral Investors
TCEHY's performance and valuation amidst geopolitical tensions and economic challenges, highlighting growth potential and ...
10h
Why did the US designate Tencent as a Chinese Military Company?
As expected, Tencent has denied the U.S. DoD’s claims that it is a Chinese military company. Tencent has already formally told Bloomberg that its inclusion on the list is “Clearly a mistake.” Ever the ...
2d
Why Tencent Stock Was Falling Today
Citigroup has described the slide in Tencent's stock price as an enhanced buying opportunity. The tech company remains ...
14h
WeChat owner Tencent makes the US DoD's naughty list
Tencent could face new challenges as it has now been added to the US Department of Defense's list as a Chinese military ...
16h
on MSN
Tencent’s placement on US military list casts shadow over Prosus, Naspers
However, a presence on the CMC list has no legal ramifications according to analysts and a spokesperson for Tencent said ...
1d
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 ...
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