![Shares of Tencent fall over 5% in Hong Kong after U.S. designates it as a Chinese military company Shares of Tencent fall over 5% in Hong Kong after U.S. designates it as a Chinese military company](https://i2.wp.com/image.cnbcfm.com/api/v1/image/107429672-1718626670095-gettyimages-2157328946-raa-tencentp240616_npLyw.jpeg?v=1718626694&w=1920&h=1080&w=600&resize=600,400&ssl=1)
Shares of Tencent fall over 5% in Hong Kong after U.S. designates it as a Chinese military company
Jonathan Raa | Nurphoto | Getty Images Shares of Chinese tech heavyweight Tencent Holdings tumbled 5.4% in Hong Kong after the company was added to a list of “Chinese military companies” by the U.S. Department of Defense. The move follows a near 8% fall in Tencent’s U.S. depository receipts on Wall Street. Other Chinese companies…