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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.

New yorkUnited statesHong kongNew york stock exchangeElon muskTencent adrsStacey cunninghamJeff bezosSteven mnuchinJoe bidenT rowe price group incAnt group coBaidu incVanguard groupBlackrock incChina unicom hong kong ltd

Alibaba and Tencent shares fall after report says they could be added to U S blacklist

Alibaba and Tencent shares fall after report says they could be added to U.S. blacklist CNBC 1/7/2021 Sam Shead The shares of Alibaba and Tencent fell after a Wall Street Journal report said the Trump administration could be about to add the Chinese tech giants to a U.S. blacklist. The conglomerates saw their shares on the Hong Kong stock exchange slide by around 4% after the report. If they do get added to the U.S. blacklist, then American investors would not be able to trade their stocks from Monday, the report said. © Provided by CNBC Jack Ma, CEO of Chinese e-commerce giant Alibaba, speaks during his visit at the Vivatech startups and innovation fair, in Paris on May 16, 2019.

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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.

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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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New York Stock Exchange Starts Process of Delisting Three Chinese Telecom Companies Over Security Risks

New York Stock Exchange Starts Process of Delisting Three Chinese Telecom Companies Over Security Risks It s a modest step, but at least an awakening to national security and human rights-related risk,” a White House official said. By Reuters | Updated: 2 January 2021 10:31 IST NYSE will suspend trading in the Chinese telecom companies stocks on either January 7 or 11 Highlights Trump s November order impacts some of China s biggest companies China Telecom is also under fire from the US FCC The New York Stock Exchange (NYSE) is starting the process of delisting securities of three Chinese telecom companies, after President Donald Trump last month barred US investments in Chinese firms Washington says are owned or controlled by the military.

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