Shares of Prosus, Tencent's largest shareholder, fell after the Pentagon labeled the Chinese tech giant as military in nature. In early European trading, Prosus shares fell 1.75% to 35.0 euros.
The report, which said Tencent had not by then responded to a request for comment, stated that companies on the Chinese ...
Shares of Naspers and its Amsterdam-listed subsidiary Prosus both slumped around 8% on Tuesday morning, which follows news ...
Prosus, a subsidiary of TENCENT (00700.HK)'s substantial shareholder Naspers Group, reduced shares in TENCENT by 367,000 ...
Electric vehicle major Ather Energy is set to make its debut on the stock market in 2025. This will be the first IPO from an ...
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Two South African tech companies saw their share prices more than double in 2024, while another eight’s share prices ...
The US blacklisted Tencent and CATL for alleged links to the Chinese military, impacting major gaming and EV sectors. Both ...
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 ...
Monday’s political headlines triggered the most hectic trading day in nearly two months in the currency options markets. Volumes surged to $108 billion by the close of trade, surpassing the activity ...
European equities struggled for direction on Tuesday as traders’ focus turned to regional inflation data and what it holds for the European Central Bank’s interest rate path. The dollar extended its ...
The American defence department has designated the technology firm a Chinese military company operating in the US.