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Thursday, January 7, 2021

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

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. An initial report said the plan was still under deliberation and may not go through as agencies debate its impact on markets.

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