January 7, 2025

Tencent's stock drops 6%+ after the US DoD added it to a blacklist of companies with alleged ties to China's military; it may face delisting or index removals (Bloomberg)

Bloomberg:

Tencent shares fell more than 6% after the US Department of Defense added it to a blacklist of companies allegedly linked to China’s military; may face delisting or removal from the index— — Firms on the Chinese military list may be delisted and removed from the index — Some Chinese firms have successfully fought to be delisted

2025-01-06 17:20:00