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Tencent Makes Biggest Buyback

Hosted on MSN · 2d

Tencent Makes Biggest Buyback After Addition to Pentagon List

China’s largest public company by market capitalization spent the equivalent of about $193.3 million to buy back 4.05 million shares on Wednesday.

Bloomberg on MSN · 2d

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.

Daily Maverick on MSN · 2d

Military blacklisting prompts Tencent’s biggest buyback in almost 20 years – and pushes Naspers share price down 11%

The US military blacklist does not carry direct sanctions or penalties but discourages US businesses from engaging with these entities. The idea is to identify and discourage US business with companies with alleged connections to the Chinese military.

Tencent, Pentagon

The Associated Press - Busines… · 2d

Pentagon blacklists Chinese tech firms over alleged military ties

Battery maker CATL and tech firm Tencent said they are seeking removal from the Pentagon's list of companies it says are linked to China’s military.

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.

Investopedia on MSN · 3d

Tencent Stock Sinks After Pentagon Labels It 'Chinese Military' Company

Shares of Tencent Holdings sank 7% in Hong Kong trading Tuesday after the WeChat parent was added by the U.S. Department of Defense to its list of "Chinese military companies."

3d

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 ...

3don MSN

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 ...

3d

Pentagon Adds Chinese Social Media Giant to Military Blacklist

Tencent’s shares plunged nearly 10 percent after it was designated a military company. The Chinese battery manufacturer CATL ...

Ford’s CATL deal sparks controversy amid Pentagon blacklist

The U.S. Defense Department added CATL and Tencent Holdings, to its annual list of companies alleged to have ties to China's ...

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