Why did the US blacklist Tencent?
The US has blacklisted Tencent Holdings Ltd. Contemporary Amperex Technology Co. Ltd. Chinese military, targeting the world’s biggest gaming publisher and top electric-vehicle battery maker in a surprise move weeks before Donald Trump takes office. The U. S. Department of Defense adds Tencent, CATL, and other companies to the blacklist over allegations of aiding Chinese military.
Is Tencent a buy right now?
Tencent Holding Ltd. Its Value Score of D indicates it would be a bad pick for value investors. The financial health and growth prospects of TCEHY, demonstrate its potential to underperform the market. It currently has a Growth Score of F. Tencent Holdings is rated a buy, supported by robust financials, high-growth industry exposure, and macro tailwinds. TCEHY posted strong results, with 19% YoY net profit growth and significant CAPEX ramp-up in AI, GPUs, and servers.The most recent victim of the shift in investor behavior is Tencent Holdings (TCEHY 0. Management announced plans to double its AI spending this year, and the market sold off shares on the announcement despite otherwise strong earnings results. For long-term investors, this could be a great buying opportunity.
Is Tencent getting banned in the USA?
The price of Tencent’s shares in the US dropped nearly 10% on Jan. Tencent shares fell sharply on Chinese company’s plans to more than double its AI investment this year, prompting concerns about slower profit growth. Shares of the Chinese gaming and social media company fell 6. Hong Kong dollars on Thursday morning.Tencent is the world’s largest video game vendor, as well as one of the largest companies in the world by market capitalization. It is among the largest social media, venture capital, and investment corporations.Revenues for fourth-quarter 2025 rose 13% compared to the same period in 2024, hitting 194. Chinese yuan, ahead of analyst forecasts of 193. Chinese yuan. Much of Tencent’s revenue comes from gaming, but the company has looked to diversify by expanding into other areas, including cloud computing.On December 17, 2015, Riot Games announced on its official website that its majority shareholder, Tencent, had acquired the remaining shares of the company, achieving 100% ownership.