$TENCENT(00700)$ $Tencent Holding Ltd.(TCEHY)$ It’s yet another day with more companies being added to the U.S. blacklist and another U.S drama continue[Onlooker]. This list essentially identifies Chinese companies that the U.S. government [LOL]claims are collaborating with the Chinese military. While it doesn’t impose direct sanctions, it creates significant challenges for U.S. businesses wanting to engage with these companies. [Blush] Among the latest additions is Tencent, one of China’s most prominent internet and gaming firms, which is not traditionally linked to military-civil fusion, unless if US think the Tencent “Call Of Duty Mobile“ is a military training academy LOL. Its inclusion reflects pre
Tencent Rebounds: Did You Catch the Bottom?
On January 6, the U.S. Department of Defense added Tencent, CATL, and several other Chinese tech companies to the 1260H list (CMC list). Tencent's stock dropped 10% in the last two trading days. However, supported by the company's stock repurchase, Tencent rebounds 2% today. -------------- Is it a buy under HKD 400? Did you catch the bottom?
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