Money
Tencent shares plunge over 7pc in HK after US labels it a ‘Chinese military’ firm
Tuesday, 07 Jan 2025 10:21 AM MYT
HONG KONG, Jan 7 — Shares in technology giant Tencent plummeted more than seven per cent in Hong Kong on Tuesday after it was named by the United States in a list of "Chinese military companies”.
Major battery manufacturer CATL, which was also named on the list, sank 5.2 per cent in Shenzhen. — AFP
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