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.
Tencent added to DoD's list of Chinese military companies, shares take a hit
Tencent appeared on an updated version of the Section 1260H list this week. The DoD's list contains the names of companies that the agency believes are
US adds Chinese tech giants to list of companies allegedly working with China’s military
The US Defense Department has added Chinese tech companies Tencent, a social media and gaming giant, and CATL, the world’s largest battery maker, to a list of firms that it alleges work with China’s military.
US Adds Tencent, CATL To List Of 'Chinese Military Companies'
The US Defense Department has added Chinese tech giant Tencent and battery manufacturer CATL to a list of companies it says are affiliated with Beijing's military.
US designates Tencent a Chinese military company
The list serves as a warning to American companies and organisations about the risks of doing business with Chinese entities. While inclusion does not mean an immediate ban, it can add pressure on the US Treasury Department to sanction the firms.
Tencent falls after U.S. deems Chinese military entity
Shares of Tencent (TCEHY) are moving lower after the company was among several labeled as Chinese military entities in a Federal Register
Tencent Shares Decline After US Adds Company to Chinese Military Blacklist
Tencent Holdings Ltd. slid in US trading on Monday after the Defense Department designated the technology firm a Chinese military company operating in the US.
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