Tencent and CATL Shares Sink After Listing by US Defence Dept

Quick Summary:

Chinese tech giant and biggest battery maker say the move is 'clearly a mistake' as they are not military firms, or suppliers or engaged in military-related activities.

They could sue the Pentagon.

The post Tencent and CATL Shares Sink After Listing by US Defence Dept appeared first on Asia Financial.

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Author / Journalist: Jim Pollard

Category: InvestingBusiness

Markets: Hong KongAustraliaChinaThailand

Topics: Transport Insights Semiconductors Markets China-US Economic Ties Asia Cyber Security Fintech Insights Market Insights Regions North Asia Biotech World Fintech Transport Energy Insights Global Fintech Leaders Index ESG Electric Vehicles

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-07 @ 08:39:03 (3 days ago)

News Timezone: GMT +8:00

News Source URL: asiafinancial.com

Language: English

Article Length: 896 words

Reading Time: 5 minutes read

Sentences: 41 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Asia Financial

News ID: 24963588

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