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 ...
Chinese internet giant Tencent’s shares slumped sharply on Tuesday after the company was added to a Pentagon blacklist for ...
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.
Technology company Tencent and a Tesla battery supplier were on it. The DOD has published its list of so-called Chinese military companies annually since 2021 as part of its “effort in ...
China’s largest public company by market capitalization spent the equivalent of about $193.3 million to buy back 4.05 million ...
Washington's addition of CATL to a list of firms it says work with China's military could put Tesla founder Elon Musk in a ...