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TRUMP’S DECISION TO BAN "WE CHAT" & TIKTOK CAUSES $30 MILLION LOSS TO TENCENT HOLDING INC

Published On 07 Aug 2020 11:24 AM


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Highlights:

•     China’s Tencent Holding’s shares impacted

•     Yuan falls to a week low

We chat is a Chinese chatting app that is extensively used by the Chinese community in the US. TikTok is another popular app that is currently in the firing line from Trump as he issues ultimatum to the app to either finalize a deal with an all American company by....


Tags : China’s Tencent Holding, TikTok, communist government, Chinese government ,
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