Shares of Tencent Holdings dropped nearly 8% in Hong Kong after being added to the U.S. Department of Defense's list of ...

Tencent said on Tuesday its business would be unaffected and that it would initiate a reconsideration process to correct its inclusion and, if necessary, undertake legal proceedings. CATL ...

Loop Capital began coverage of Penguin Solutions (NASDAQ:PENG) with a Buy rating and a $30 price target. Penguin, which ...

The US Department of Defense has labelled Chinese megacorp Tencent - a huge player in the global video games industry - as a Chinese military company. Tencent itself has responded to say the label ...

Tencent was added to a U.S. Defense Department list of companies connected to the Chinese military. This will prevent U.S. entities from investing in Tencent, though it doesn't have significant ...

Shares of Tencent Holdings sank 7% in Hong Kong trading Tuesday after the WeChat parent was added by the U.S. Department of Defense to its list of "Chinese military companies." The blacklist ...

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 ...

The US Defense Department said on Monday it has added Chinese tech giants including gaming and social media leader Tencent Holdings and battery maker CATL to a list of firms it says work with China's ...

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But for Tencent specifically, a spokesperson claims that this designation won't have much of an impact, despite the effect on its stock. "We are not a military company or supplier," they told ...