The United States Department of Defense has been criticized by Chinese commentators for pushing unilateralism after it added Tencent Holdings and Contemporary Amperex Technology Co (CATL) to its “Chinese military companies” list. The department on January 7 released an update of the Section 1260H list of Chinese military companies operating directly or indirectly in the […] The post Blacklisting of Tencent, CATL fuels US-China tensions appeared …

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Blacklisting of Tencent, CATL fuels US-China tensions

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Chinese corporation Tencent has announced that it will fight its inclusion in the list of Chinese military companies decided by the US Department of Defense. Earlier this week, the news caused a significant drop (around 10%) in the company's stock. Tencent is seeking a negotiation with the US Department of Defense but may also initiate a lawsuit if it cannot reach an agreement. Here's the full official statement: As the Company is neither a Chin…

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Tencent Fights Against Its Designation as a Chinese Military Company by the US Department of Defense

The conglomerate was one of several Chinese companies given the designation at the start of the year.

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Tencent says it's not a Chinese military company and is willing to sue the US Department of Defense if it isn't removed from a blacklist

Tencent, a company owned by League of Legends, was embarrassed in the U.S.-China War: They went to the blacklist of the first and this they responded.The U.S. and China have been engaged in a trade war for several years that has taken on different companies, so Tencent would not be the only one; others injured were Huawei and recently, TikTok.Referring to the U.S. accusation about Tencent's relationship with China, the owner of League of Legends…

Tencent, empresa propietaria de League of Legends, salió embarrada en la guerra entre Estados Unidos y China: Entran a la lista negra del primero y esto respondieron.Estados Unidos y China protagonizan una guerra comercial desde hace varios años que ha embarrado a diferentes empresas, por lo que Tencent no sería la única; otros perjudicados fueron Huawei y recientemente, TikTok.Referente a la acusación que hizo Estados Unidos sobre la relación d…

La guerra Estados Unidos vs China embarró a Tencent, propietaria de League of Legends

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The U.S. War vs. China Embarrassed Tencent, Owner of League of Legends

(Bloomberg) - Tencent Holdings Ltd. has bought back the most shares in nearly two decades after a sell-off sparked by the tech company's addition to a U.S.

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Tencent makes largest buyback since 2006 after US blacklisting - THE BHARAT EXPRESS NEWS

The US added a new list of Chinese military companies, Tencent SenseTime was added to the list, Chinese tech stocks were sold… The post The United States added a list of Chinese military companies, Tencent SenseTime was added to the list, Chinese technology stocks were sold at a price of 14 billion, and Tencent still fell 7%. appeared first on Archyworldys.

Archy Worldys

The United States added a list of Chinese military companies, Tencent SenseTime was added to the list, Chinese technology stocks were sold at a price of 14 billion, and Tencent still fell 7%. - Archyworldys

Tencent made the move after the tech firm was added to a US blacklist for alleged links to the Chinese military.

TechCentral

Tencent in biggest share buyback since 2006 - TechCentral

The US Department of Defense (DoD) has published its annual update to the Section 1260H blacklist, which identifies Chinese companies allegedly tied to the military. The 2024 list features 134 firms, including tech powerhouse Tencent and CATL, the world's leading manufacturer of electric vehicle (EV) batteries.

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US-China tensions: Tencent, CATL weigh legal action against US blacklist

Pony Ma, the CEO of Tencent, has led the company to become China’s foremost tech giant since its founding in 1998. WeChat, with over 1.1 billion users, integrates social media and e-commerce, playing a vital role in daily life. Tencent’s growth, particularly in gaming through strategic acquisitions like Riot Games, has resulted in significant revenue […]

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Tencent Faces Scrutiny: US Claims Military Ties Without Evidence Against Chinese Tech Leader

Tencent is prepared to take legal action after previously being added to the United States Department of Defense's list of Chinese military companies. In an official statement, CEO Ma Huateng insisted that the company has no connections to the Chinese military, calling the inclusion a mistake. He further clarified that the designation would not affect Tencent's business operations. Following the announcement on January 7, Tencent's stock dropped…

Blacklisting of Tencent, CATL fuels US-China tensions

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