Washington has blacklisted Tencent Holdings Ltd. backed startup Zhipu targeting one of the few emerging firms seen as leading contenders in the race to create a competitor to OpenAI’s ChatGPT.
The Defense Department has added dozens of Chinese firms to a list of companies that are prohibited from working with the Pentagon and defense industry due to their alleged ties with China’s
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.
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."
The US has blacklisted Tencent Holdings Ltd. and Contemporary Amperex Technology Co. Ltd. for alleged links to the Chinese military, targeting the world’s biggest gaming publisher and top electric-vehicle battery maker in a surprise move weeks before Donald Trump takes office.
U.S. adds 25 Chinese traders to semiconductor export control list U.S. set to tighten semiconductor export regulations affecting Chinese firms and AI companies
Other Chinese companies added to the list included battery maker CATL, which is part of the supply chain for automakers like Ford and Tesla.
Shares in Tencent, which owns Chinese super-app WeChat ... that can be used in war and to undercut the country’s homegrown semiconductor industry, which it says threatens the national security ...
London-based megabank HSBC may be recognizable to some U.S. consumers, but elsewhere, it is a well-known name that provides banking and financial services worldwide. Like other major enterprises in the sector, it operates a diversified business, including personal and commercial banking, wealth management and capital markets segments.
AI innovation will be the key industry growth driver across the broad market. The semiconductor industry has many subcategories—including processors, connectivity, sensors, and memory.
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