By Finance Pulse in Transformative —

Tencent Decline: US Labels as Military Entity

Tencent Holdings' US depositary receipts plummet 9.8% after being labeled a Chinese military entity by the US Defense Department. Discover the impact on investors.

A digital graph showing a sharp decline, overlaid with Tencent's logo and subtle US-China flag eleme
Tencent Decline: US Labels as Military Entity

Tencent Holdings Ltd. was labeled as a Chinese military entity by the US Defense Department, which led to a 9.8% decline in its US depositary receipts.

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