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 ...
Following the announcement, Tencent's shares dropped by 7.8% in Hong Kong, while CATL's stock saw a 6% decline in Shenzhen.
Tencent owns Riot Games, and Supercell, and has stakes in Reddit, Snap, and Epic Games. CATL, a key supplier to Tesla Inc. TSLA, similarly rejected the designation, stating it has “never engaged ...
Shares of tech giant Tencent, Tesla supplier Contemporary Amperex Technology and other Chinese companies fell after being labeled by the Pentagon as companies with alleged links to China's military.
Billionaire Larry Ellison’s backing of Stargate could help grease the wheels for the embattled merger between Paramount ...
China can tap a large software engineer talent pool from its consumer-focused companies, Pan Jian of battery maker CATL told ...
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 ...
"We actually no longer call it EV. We call it EIV. 'I' stands for intelligent," Pan Jian, a cochair of CATL, told a WEF panel ...
The US has taken aim at one of a handful of firms considered frontrunners in the race to develop an answer to ChatGPT.
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 ...