Tencent (HKG: 0700) Stock in Free Fall after Trump Bans WeChat, TikTok

Tencent (HKG: 0700) Stock in Free Fall after Trump Bans WeChat, TikTok

4 years ago
Anonymous $qOHwDUKgAF

https://wccftech.com/tencent-hkg-0700-stock-in-free-fall-after-trump-bans-wechat-tiktok/

US President Donald Trump’s move to ban US nationals from doing business with Tencent’s HKG:0700 WeChat platform pushed down Tencent’s stock and the Hong Kong market during the Friday morning trading session as investors panicked that the WeChat ban was the first salvo in a new front in the trade war and Tencent’s other holdings could be next. 

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