Loading...
Market
Outcome of U.S. Listing of Tencent and CATL by End of 2025?
2
Resolution / Starting Odds
Both remain listed without sanctions • 25%
Both are sanctioned • 25%
Only Tencent is sanctioned • 25%
Only CATL is sanctioned • 25%
Official announcements from U.S. government and companies involved
Story
U.S. Adds Tencent and CATL to Section 1260H List, Shares Drop Amid No Immediate Sanctions
Jan 7, 2025, 01:34 AM
The U.S. Department of Defense has added Chinese tech giant Tencent Holdings and battery maker Contemporary Amperex Technology Co. Limited (CATL) to the Section 1260H list, which now includes 134 firms it alleges are working with China's military. Tencent and CATL have both refuted their inclusion, with Tencent stating that it is 'clearly a mistake' and that it is 'not a military company or supplier.' CATL similarly denied any involvement in military activities. The addition to the list has led to a significant drop in the share prices of both companies, with Tencent's shares falling over 7% in Hong Kong and CATL's shares dropping over 5% in Shenzhen. The list serves as a warning to U.S. companies about the risks of engaging with these firms, though it does not immediately impose sanctions. The Chinese embassy in Washington criticized the move as 'unreasonable suppression of Chinese companies.'
View original story
Similar markets
No change • 25%
Moderate decrease • 25%
Increase • 25%
Significant decrease • 25%
No significant impact • 25%
Deterioration in relations • 25%
Improvement in relations • 25%
Increased trade tensions • 25%
Recovers fully to pre-listing price • 25%
Remains down 7% or more • 25%
Recovers to within 3% of pre-listing price • 25%
Exceeds pre-listing price • 25%
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%
Yes • 50%
No • 50%
Ongoing negotiations • 25%
No official outcome • 25%
Designation removed • 25%
Designation upheld • 25%
Suspend partnerships • 25%
Terminate partnerships • 25%
Reduce collaboration • 25%
Continue business as usual • 25%
Designation upheld • 25%
No official outcome • 25%
Designation removed • 25%
Ongoing negotiations • 25%