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Tencent Makes Biggest Buyback

Hosted on MSN · 17h

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 · 10h

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 internet

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

Tencent Plunges After Landing On U.S. List Of Military-Linked Firms

Chinese web giant Tencent was added to a U.S. list of military-linked firms, spooking investors and triggering as much as a 7% plunge in its Hong Kong-listed shares.

The Associated Press - Busines… · 2d

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.

49mon 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.

12hon 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 ...

4h

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 ...

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 ...

4h

Tencent Bid for Assassin’s Creed Demands a Leap of Faith

One of the highlights of Ubisoft Entertainment SA’s Assassin’s Creed game series is the “leap of faith,” when the hooded main ...

7h

Tencent: Growth At The Right Price

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

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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