US considering adding Alibaba, Tencent to China stock ban: Report


(Reuters) - The Trump administration is considering adding Alibaba Group Holding Ltd and Tencent Holdings Ltd to a blacklist of Chinese companies that are allegedly owned or controlled by the Chinese military, two people familiar with the matter told Reuters. The news was first reported by the Wall Street Journal, which said the plan was still under deliberation and may not go through as agencies debate its impact on markets.

(https://on.wsj.com/3nngMYB) Alibaba and Tencent shares were both down roughly 3% in morning trade on the.....

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