Reported 1 day ago
Chinese tech giants, including Tencent, CATL, and SenseTime, have protested after being added to a US Defense Department list of companies linked to China's military. The companies claim this classification is erroneous and are seeking to reverse the decision through talks and potential legal action. Tencent's shares dropped significantly following the announcement, while CATL and SenseTime also expressed disagreement with the designation, asserting it does not impact their operations.
Source: YAHOO