Tencent Holdings Ltd UNS ADR (TCEHY)
US designates Tencent a Chinese military company, adding tech giant to blacklist
The Defense Department added video game maker Tencent Holdings to its "blacklist" of companies doing business in the U.S. while allegedly aiding the Chinese military.
China Tech Giant Tencent Blacklisted by US; Canada PM Trudeau Exit
The US has blacklisted Tencent Holdings and Contemporary Amperex Technology. for alleged links to the Chinese military.
Tencent, Tesla Battery-Maker CATL on US Blacklist for Alleged China Military Ties
The US has blacklisted Tencent and CATL for alleged links to the Chinese military in a surprise move weeks before Donald Trump takes office. The blacklisting may disrupt the global electric-vehicle battery market, as CATL is a major supplier to Tesla and other automakers, and may escalate tensions between the US and China.
Tencent: Marketing Services And FinTech Driving Growth; Initiate With 'Strong Buy'
Tencent's stock is undervalued; I rate it a 'Strong Buy' with a fair value of HKD 550 or USD $70 per share. Tencent dominates China's online game market, despite government restrictions, and is expected to outgrow the market with new titles and monetization improvements. Marketing Services and FinTech are key growth drivers, with Marketing Services growing 16.7% and FinTech 15.1% year-over-year in FY23.
Tencent sees £120bn wiped from its value after US censure
Over $120 billion was wiped from the value of Tencent Holdings (HKG:0700, OTC:TCEHY) after the US Department of Defense added the tech giant to its list of Chinese military companies. Battery maker CATL, also included on the list, saw its Shenzhen shares dip 2.8%.
Investor Sees Buying Opportunity in Tencent, CATL | Insight with Haslinda Amin 1/7/2025
Insight with Haslinda Amin, a daily news program featuring in-depth, high-profile interviews and analysis to give viewers the complete picture on the stories that matter. The show features prominent leaders spanning the worlds of business, finance, politics and culture.
US-China Trade War: Biden Makes Pre-Trump Move Against Tencent
US Tariffs in Focus: Markets Shaken as Trump Denies Policy Shift Amid Growing Speculation on Sectoral Tariff Targets.
Tencent Plunges After Landing On U.S. List Of Military-Linked Firms
Chinese web giant Tencent was added to a U.S. government list of military-linked companies, spooking investors and triggering as much as a 7% plunge in its Hong Kong-listed shares.
The US just added Tencent 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 its most notable and still active investments include Reddit, Snap, and Fortnite creator Epic Games.
Why Tencent Stock Was Falling Today
Shares of Tencent (TCEHY -7.69%), the Chinese tech giant and owner of the WeChat superapp, were tumbling Monday after the U.S. Department of Defense listed the company as a Chinese military entity in a Federal Register filing.
Tencent Strengthens Video Leadership, Showcases Revenue Growth Potential: Analyst
Goldman Sachs analyst Ronald Keung maintained a Buy rating on Tencent Holdings ADR TCEHY and a price target of 542 Hong Kong dollars ($69.70 U.S. dollars).
US adds Tencent, CATL to list of Chinese firms allegedly aiding Beijing's military
The U.S. Defense Department said Monday it had added Chinese tech giants including gaming and social media leader Tencent Holdings and battery maker CATL to a list of firms it says work with China's military.
