⁍ Tencent Holdings Ltd: U.S. Department of Commerce has issued identification of PROHIBITEDS executive order.
⁍ The order was issued on September 17.
– China’s Tencent Holdings Ltd., one of the world’s biggest Internet companies, plans to raise $12 billion through a rights issue this year, it said in a filing to the Hong Kong Stock Exchange on Tuesday. The rights issue will help the company fund its acquisition of British Internet firm Connaught Group, which is listed on the London Stock Exchange, the Wall Street Journal reports. The deal is expected to close in the fourth quarter of this year.
Source: https://www.reuters.com/article/brief-tencent-notes-us-department-of-com/brief-tencent-notes-us-department-of-commerces-identification-of-prohibited-transactions-executive-order-idUSFWN2GG00J