Other Chinese companies added to the list included battery maker CATL, which is part of the supply chain for automakers like Ford and Tesla.

The chaos of the TikTok ban is currently unfolding across the US with the app banned either temporarily or permanently depending on how all this plays out.

Hong Kong stocks rebounded from a six-week low as Tencent Holdings snapped a six-day slump and amid speculation China will step up policy measures to revive growth to end persistent deflation in the economy.

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 battery maker CATL, to a list of companies it says have ties to China's military.

Shares of Tencent Holdings sank 7% in Hong Kong trading Tuesday after the WeChat parent was added by the U.S. Department of Defense to its list of "Chinese military companies."

Tencent executed its largest share buyback since 2006, acquiring HK$1.5 billion worth of shares to counter the fallout from a US blacklist.

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 Holdings Ltd. repurchased the most shares in nearly two decades after a selloff sparked by the tech firm’s addition to a US blacklist for alleged links to the Chinese military.

The Department of Defense accused Tencent and EV battery giant CATL of having ties to China's military. Tencent calls the decision "clearly a mistake."

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 battery maker CATL, to a list of companies it says have ties to China’s military,

TENCENT’S Singapore-listed shares, or Singapore Depository Receipts (SDRs), fell nearly 7 per cent on Tuesday (Jan 7) after the US categorised it as a “Chinese military company” (CMC). Read more at The Business Times.

Tencent co-founder Charles Chen Yidan calls on educators to explore how AI can improve not only learning but also their own skills.