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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
Yes • 50%
No • 50%
Stock recovers to pre-designation levels • 25%
Stock remains significantly below pre-designation levels • 25%
Stock fluctuates without clear trend • 25%
Stock surpasses pre-designation levels • 25%
Recovers to within 3% of pre-listing price • 25%
Recovers fully to pre-listing price • 25%
Remains down 7% or more • 25%
Exceeds pre-listing price • 25%
Significantly underperforms • 25%
Outperforms major competitors • 25%
Performs similarly to major competitors • 25%
Underperforms major competitors • 25%
No • 50%
Yes • 50%
No • 50%
Yes • 50%
