Tencent Holdings slid in US trading on Monday after the US defence department designated the technology firm a Chinese military company operating in the US.
Shenzhen-based Tencent was among several companies that were labelled as Chinese military entities in a Federal Register filing. Contemporary Amperex Technology and Autel Robotics were also included on the roster. Companies on the Chinese military list face delisting from US exchanges and deletion from global benchmark indexes.
Tencent didn’t immediately respond to a request for comment sent outside of regular business…