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Tencent, Chinese military
U.S. Defense Department says Tencent and other Chinese companies have ties to China's military
The U.S. Defense Department has added dozens of Chinese companies, including games and technology company Tencent, artificial intelligence firm SenseTime and the world's biggest battery maker CATL, to a list of companies it says have ties to China's military.
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.
Tencent has been designated a Chinese military company by the US Department of Defense, which the conglomerate calls a 'misunderstanding'
But several US-based videogame companies, including Microsoft, would be considered US military companies if the same metric was applied to them.
17h
Buy The Dip: Tencent's Value Thesis Not Changed By U.S. Blacklist Concern
Tencent's strong fundamentals and buyback strategy present a buying opportunity despite U.S. blacklisting. Click here to read ...
1d
Why did the US designate Tencent as a Chinese Military Company?
As expected, Tencent has denied the U.S. DoD’s claims that it is a Chinese military company. Tencent has already formally told Bloomberg that its inclusion on the list is “Clearly a mistake.” Ever the ...
2d
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 ...
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