Tencent's inclusion on Pentagon list puzzling
Citigroup analyst Alicia Yap reiterated a "buy" rating and "top pick status" on Tencent, according to Business Insider. She wrote in a research report that Tencent's growth outlook and fundamentals are sound. She sees the selloff as an "enhanced buying opportunity" and has a HK$573 price target on the share.
Chinese internet giant Tencent’s shares slumped sharply on Tuesday after the company was added to a Pentagon blacklist for ...
KEY TAKEAWAYS Shares of Tencent Holdings sank 7% in Hong Kong trading Tuesday after the WeChat parent was added by the U.S.
The Defense Department has added dozens of Chinese firms to a list of companies that are prohibited from working with the ...
Tencent's strong fundamentals and buyback strategy present a buying opportunity despite U.S. blacklisting. Click here to read ...
Defence officials said the expanded list serves to help the U.S. counter Beijing's Military-Civil Fusion strategy (MCF), described by the State Department as an "aggressive national strategy" using ...
Tencent Holdings Limited, the parent company of Tencent Games, is now considered a Chinese military company by the United ...
In addition to Tencent, Catl is also on the US blacklist of companies accused of working for the Chinese military ...
The US government's move to add Tencent Holdings, China's most valuable company, to its list of Chinese military firms has ...
Shares of Prosus, Tencent's largest shareholder, fell after the Pentagon labeled the Chinese tech giant as military in nature. In early European trading, Prosus shares fell 1.75% to 35.0 euros.
China’s largest public company by market capitalization spent the equivalent of about $193 million to buy back 3.93 million ...
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