Tencent Launches Major Buyback, Marking Its Largest Since 2006 Amidst U.S. Blacklist Challenges

Tencent Holdings Ltd., the Chinese tech giant renowned for its diverse digital offerings, has initiated a significant stock buyback program, which marks its most substantial repurchase effort since 2006. This strategic move comes in response to mounting challenges, including the company's addition to a U.S. blacklist, which has heightened investor uncertainties regarding its future growth potential.

Continue reading