The U.S. Department of Defense has designated CATL and Tencent as “Chinese military companies,” escalating trade and ...
HONG KONG (AP) — 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 ...
The U.S. Defense Department said on Monday it has added Chinese tech giant Tencent Holdings and battery maker CATL to a list ...
The US Department of Defense 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 ...
Like Tencent, CATL maintains that its inclusion to the list was a "mistake" and that it would proactively engage with the Pentagon to "address the false designation" and take legal action if ...
Other Chinese companies added to the military list include battery maker CATL. Tencent and CATL called the inclusion a 'mistake,' saying they are not a military company or engaged in any military ...
Tencent’s shares plunged nearly 10 percent after it was designated a military company. The Chinese battery manufacturer CATL was also added to the list. By Alexandra Stevenson Reporting from ...
China can tap a large software engineer talent pool from its consumer-focused companies, Pan Jian of battery maker CATL told ...
The United States has labeled additional Chinese tech and social media firms as Beijing military companies, including multimedia firm Tencent and battery maker Contemporary Amperex Technology, better ...
Shares of Tencent Holdings sank 7% in Hong Kong trading Tuesday after the WeChat parent was added by the U.S. Department of ...
Following the announcement, Tencent's shares dropped by 7.8% in Hong Kong, while CATL's stock saw a 6% decline in Shenzhen.
Geopolitical risks are already playing out On Monday, the Pentagon designated two high-profile tech companies — Tencent and CATL — as Chinese military companies operating in the US.