U.S. Adds Tencent and Tesla Supplier to Its Chinese Military List. Why ‘Pandora’s Box’ Has Opened for Chinese Stocks.
The Pentagon on Tuesday added Tesla battery-maker Contemporary Amperex Technology, or CATL, and internet and gaming giant Tencent Holdings to its list of companies it says have ties to the Chinese ...
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 ...
US Adds Tencent, Tesla Supplier CATL To 'Chinese Military' Blacklist, Shares Tumble
Following the announcement, Tencent's shares dropped by 7.8% in Hong Kong, while CATL's stock saw a 6% decline in Shenzhen.
Eurogamer12d
Tencent threatens "legal proceedings" if US doesn't overturn decision to label it as a Chinese military company
Chinese megacorp Tencent has doubled down on its assertions that it is not a Chinese military company, saying that if the US Department of Defense does not "resolve any misunderstanding", it will ...
China's huge talent pool gives it an edge in the global EV race, says CATL exec
China can tap a large software engineer talent pool from its consumer-focused companies, Pan Jian of battery maker CATL told ...
TechCentral8d
US blacklists Tencent-backed AI start-up
The US has taken aim at one of a handful of firms considered frontrunners in the race to develop an answer to ChatGPT.