Tencent Plunges After Landing On U.S. List Of Military-Linked Firms

BEIJING, CHINA - MARCH 03: 'Pony' Ma, Chairman and Chief Executive Officer of Tencent Holdings Ltd., speaks at a news conference in 2016 in Beijing.Lintao Zhang/Getty ImagesChinese web giant Tencent was added to a U.S. government list of military-linked companies, spooking investors and triggering as much as a 7% plunge in its Hong Kong-listed shares.Other companies were also added to the list, including battery maker Contemporary Amperex Technology (CATL), whose Shanghai-listed shares dropped 3% Tuesday mo ...