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More worries for Naspers? US stokes China investment fire - With insights from The Wall Street Journal

Updated Jan. 6, 2021 7:38 pm ET U.S. officials are considering prohibiting Americans from investing in Alibaba Group Holding Ltd. and Tencent Holdings Ltd., a potential escalation of the outgoing Trump administration’s efforts to unwind U.S. investors’ holdings in major Chinese companies. State and Defense Department officials in recent weeks have discussed expanding a blacklist of companies prohibited to U.S. investments over alleged ties to China’s military and security services, according to people familiar with the matter. The U.S. government announced its original blacklist in November with 31 companies. Tencent and Alibaba are China’s two most valuable publicly listed companies, with a combined market capitalization of over $1.3 trillion and scores of American mutual funds and other investors holding their shares. Alibaba’s New York-listed American depositary receipts fell more than 5% on Wednesday, while Tencent ADRs tumbled by about 4% in the U.S. over-the-counte

US weighs adding Alibaba, Tencent to China stock ban

US weighs adding Alibaba, Tencent to China stock ban Premium Dawn Lim Share Via Read Full Story U.S. officials are considering prohibiting Americans from investing in Alibaba Group Holding Ltd. and Tencent Holdings Ltd., a potential escalation of the outgoing Trump administration’s efforts to unwind U.S. investors’ holdings in major Chinese companies. State and Defense Department officials in recent weeks have discussed expanding a blacklist of companies prohibited to U.S. investments over alleged ties to China’s military and security services, according to people familiar with the matter. The U.S. government announced its original blacklist in November with 31 companies.

FinFET Technology Market High-Tech Industry Analysis, industry overview, Business Trends, Regional Study, Competitive Strategies and Forecasts 2019 To 2025

FinFET Technology Market High-Tech Industry Analysis, industry overview, Business Trends, Regional Study, Competitive Strategies and Forecasts 2019 To 2025
texasguardian.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from texasguardian.com Daily Mail and Mail on Sunday newspapers.

Hong Kong shares end higher on energy, tech supports

U S Considers Adding Alibaba, Tencent to China Stock Ban — Update

Provided by Dow Jones By Dawn Lim, Jing Yang and Gordon Lubold U.S. officials are considering prohibiting Americans from investing in Alibaba Group Holding Ltd. and Tencent Holdings Ltd., said people familiar with the matter. In recent weeks, State Department and Department of Defense officials have held conversations on expanding a blacklist of companies that are prohibited to U.S. investments because of claimed ties to China s military and security services. The U.S. government announced its original blacklist in November with 31 companies. The departments have debated with the Treasury Department over whether adding these firms could have wide capital-markets ramifications, the people said. The plan is still under deliberation and may not go through as agencies debate its impact on markets, the people added.

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