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U.S. Designates Tencent and CATL
U.S. Designates Tencent and CATL as Military Companies, Shares Plunge
Tencent Holdings and Contemporary Amperex Technology Co. Ltd. (CATL) have faced significant stock declines following their recent designation as “Chinese military companies” by the U.S. Department of Defense (DoD).
The US just added Tencent — which backs US startups — 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
Chinese tech companies Tencent, CATL and others protest US listings as army-linked companies
The U.S. Defense Department has added major Chinese technology companies including gaming and technology company Tencent, artificial intelligence firm SenseTime and the world’s biggest battery maker CATL to its list of companies it says have ties to China’s military.
1d
on MSN
Tencent loses billions in market value after the U.S. accuses the video game giant of links to China’s military
The Department of Defense accused Tencent and EV battery giant CATL of having ties to China's military. Tencent calls the ...
14h
China Market Update: NDRC Holds Press Conference On Trade-In Subsidies, Mainland Investors Buy
Asian equities were mixed but mostly lower overnight as Singapore and Korea outperformed and Pakistan and Hong Kong ...
Rock Paper Shotgun
19h
World's biggest game publisher Tencent threaten to sue US government for listing them as a Chinese military company
Yesterday, we reported that the US federal government had placed Chinese video game publisher Tencent - owner of ...
31m
Nvidia’s AI PC gambit and China’s flying car flex
Nvidia’s high-profile CEO, Jensen Huang, made a splash on Monday night when he unveiled in his keynote speech a series of new products, including a $3,000 personal AI computer that will be powered by ...
1d
Tencent's US blacklisting stokes fear of tech war escalation with China
The US government's move to add Tencent Holdings, China's most valuable company, to its list of Chinese military firms has ...
13h
on MSN
How China Is Advancing in AI Despite U.S. Chip Restrictions
It was almost a year before a handful of Chinese AI chatbots received government approval for public release. Some questioned ...
22h
China Steps Up Measures to Boost Spending, Defend the Yuan
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers ...
1d
on MSN
China's markets had a shaky start to the year, including a blow to 2 major tech companies
The Pentagon has designated two major high-profile tech companies — Tencent and CATL — as Chinese military companies ...
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