the best news is no more of the idiot videos
The Trump Effect:
Shares of Hong Kong-listed Tencent plunged 5.04% on Friday, after U.S. President Donald Trump issued executive orders targeting Chinese apps WeChat and TikT
Other Chinese technology companies were not spared, and many of them closed the trading day lower.
Shares of Semiconductor Manufacturing International Corporation in Hong Kong plunged 8.7%. Smartphone maker Xiaomi’s stock fell 3.02%, while Hong Kong-listed shares of telecommunications firm ZTE declined 2.58%. Chinese tech juggernaut Alibaba also saw its shares in Hong Kong declining 3.04%.
The Hang Seng Tech index, which tracks the 30 largest technology companies listed in Hong Kong that pass the screening criteria, also fell 2.51% to close at 7,386.66. In mainland China, the Nasdaq-style start-up board Chinext slipped 2.065% on the day to about 3,059.87.
Note: Tencent is one of the world’s largest and most valuable companies
NBA, NFL, NHL & MLB all have media rights deals with Tencent to distribute content across China.
Plus many of the top video gamer companies are part of Tencent
GEOTUS has dealt a crushing blow
the best news is no more of the idiot videos
The Trump Effect:
Shares of Hong Kong-listed Tencent plunged 5.04% on Friday, after U.S. President Donald Trump issued executive orders targeting Chinese apps WeChat and TikT
Other Chinese technology companies were not spared, and many of them closed the trading day lower.
Shares of Semiconductor Manufacturing International Corporation in Hong Kong plunged 8.7%. Smartphone maker Xiaomi’s stock fell 3.02%, while Hong Kong-listed shares of telecommunications firm ZTE declined 2.58%. Chinese tech juggernaut Alibaba also saw its shares in Hong Kong declining 3.04%.
The Hang Seng Tech index, which tracks the 30 largest technology companies listed in Hong Kong that pass the screening criteria, also fell 2.51% to close at 7,386.66. In mainland China, the Nasdaq-style start-up board Chinext slipped 2.065% on the day to about 3,059.87.
Note: Tencent is one of the world’s largest and most valuable companies,
the best news is no more of the idiot videos
The Trump Effect:
Shares of Hong Kong-listed Tencent plunged 5.04% on Friday, after U.S. President Donald Trump issued executive orders targeting Chinese apps WeChat and TikT
Other Chinese technology companies were not spared, and many of them closed the trading day lower.
Shares of Semiconductor Manufacturing International Corporation in Hong Kong plunged 8.7%. Smartphone maker Xiaomi’s stock fell 3.02%, while Hong Kong-listed shares of telecommunications firm ZTE declined 2.58%. Chinese tech juggernaut Alibaba also saw its shares in Hong Kong declining 3.04%.
The Hang Seng Tech index, which tracks the 30 largest technology companies listed in Hong Kong that pass the screening criteria, also fell 2.51% to close at 7,386.66. In mainland China, the Nasdaq-style start-up board Chinext slipped 2.065% on the day to about 3,059.87.