Market
Will Tencent's stock drop more than 10% by March 31, 2025, after DoD listing?
3
Resolution / Starting Odds
Yes • 50%
No • 50%
Tencent's stock performance on major financial news platforms like Bloomberg or Reuters
Story
Pentagon Adds Tencent, CATL, Changxin Memory Technologies, Quectel Wireless, and Autel to List of Chinese Military Companies
Jan 6, 2025, 04:57 PM
The U.S. Department of Defense has added several Chinese companies to its list of entities allegedly aiding the Chinese military. Notable additions include Tencent, CATL, Autel, Changxin Memory Technologies, and Quectel Wireless. While the annual DoD '1260h' list does not impose immediate regulatory impacts, it serves as a signal of concern from the U.S. government regarding these firms. Following the designation, shares of Tencent experienced a decline in U.S. trading. The inclusion of these companies reflects ongoing tensions between the U.S. and China, particularly in the technology and defense sectors.
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Similar markets
No • 50%
Yes • 50%
Stock remains significantly below pre-designation levels • 25%
Stock fluctuates without clear trend • 25%
Stock recovers to pre-designation levels • 25%
Stock surpasses pre-designation levels • 25%
Recovers fully to pre-listing price • 25%
Exceeds pre-listing price • 25%
Recovers to within 3% of pre-listing price • 25%
Remains down 7% or more • 25%
Underperforms major competitors • 25%
Significantly underperforms • 25%
Outperforms major competitors • 25%
Performs similarly to major competitors • 25%
Yes • 50%
No • 50%
Yes • 50%
No • 50%
