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Tencent Makes Biggest Buyback

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.

Wall Street Journal · 5h

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.

Daily Maverick on MSN · 1d

Military blacklisting prompts Tencent’s biggest buyback in almost 20 years – and pushes Naspers share price down 11%

The US military blacklist does not carry direct sanctions or penalties but discourages US businesses from engaging with these entities. The idea is to identify and discourage US business with companies with alleged connections to the Chinese military.

Tencent, Chinese military

TechCrunch on MSN · 2d

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

Rock Paper Shotgun · 23h

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

Reuters · 1d

US adds Tencent, CATL to list of Chinese firms allegedly aiding Beijing's military

The U.S. Defense Department said on Monday it has added Chinese tech giant Tencent Holdings and battery maker CATL to a list of companies it says work with China's military, in a move set to escalate U.

6hon 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 ...

Tencent: Growth At The Right Price

Tencent's strong social media and fintech segments, coupled with a positive gross profit trend, underline favorable business ...

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 ...

U.S. Adds ByteDance Unit, Drops Tencent's WeChat From 'Notorious Markets' List

The U.S. Trade Representative has added an e-commerce platform owned by TikTok's parent to its "notorious markets" list, naming the entity as one of more than 70 online and physical markets ...

1don MSN

Tencent’s placement on US military list casts shadow over Prosus, Naspers

However, a presence on the CMC list has no legal ramifications according to analysts and a spokesperson for Tencent said ...

2don 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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Tencent Makes Biggest Buyback

Tencent, Chinese military

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