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Tencent Makes Biggest Buyback Since 2006
Tencent Makes Biggest Buyback Since 2006 After US Blacklist
Tencent Holdings Ltd. repurchased the most shares in nearly two decades after a selloff sparked by the tech firm’s addition to a US blacklist for alleged links to the Chinese military.
Tencent Makes Biggest Buyback After Addition to Pentagon List
China’s largest public company by market capitalization spent the equivalent of about $193.3 million to buy back 4.05 million shares on Wednesday.
Tencent makes $193 million share buyback after US blacklist inclusion triggered sell-off
Tencent Holdings Ltd., China’s tech giant and social media behemoth, is navigating turbulent waters following its inclusion on a list over alleged ties to the Chinese military. This action has triggerred a sharp selloff of its stock.
Tencent, Chinese military
US adds Tencent, CATL to list of Chinese firms allegedly aiding Beijing's military
By Michael Martina, David Shepardson and Karen Freifeld WASHINGTON/NEW YORK (Reuters) - The U.S. Defense Department said on Monday it has added Chinese tech giant Tencent Holdings and battery maker CA
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.
US designates Tencent a Chinese military company
The US has added several Chinese technology companies, including gaming and social media giant Tencent and battery maker CATL, to a list of businesses it says work with China's military. The list serves as a warning to American companies and organisations about the risks of doing business with Chinese entities.
11m
Weimob Shares Slump After Tencent Cuts Stake
Shares of Tencent-backed Weimob fell sharply after the Chinese tech giant cut its stake in the cloud-computing company. Shanghai-based Weimob's shares slid 29% as of midday Friday to 2.27 Hong Kong ...
2d
Tencent Shares Slide After Pentagon Blacklists Chinese Tech Giant
Chinese internet giant Tencent’s shares slumped sharply on Tuesday after the company was added to a Pentagon blacklist for ...
10h
Ubisoft Investors Grill CEO, CFO on Potential Tencent Sale, Delays, and Financial Woes
In an emergency conference call today, investors grilled CEO Yves Guillemot and CFO Frederick Duguet for answers on Ubisoft's ...
16h
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 ...
GameSpot
11h
Ubisoft Refuses To Comment On Tencent Rumors But Says It's Exploring Options To Maximize Value
Ubisoft confirms it is exploring "transformational strategic and capitalistic options" to help turn things around.
1d
on MSN
U.S. blacklist: Near-term earnings impact on Tencent and CATL 'fairly negligible,' says strategist
Eugene Hsiao, head of China equity strategy at Macquarie Capital, says "my best guess here is Tencent and CATL are not major ...
19h
Tencent: Growth At The Right Price
Tencent's strong social media and fintech segments, coupled with a positive gross profit trend, underline favorable business ...
12h
on MSN
US trade office removes Tencent’s WeChat from ‘notorious’ counterfeit sellers list
WeChat was among six online Chinese platforms and nine bricks-and-mortar sellers added to the counterfeit goods list in 2022.
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