Shares in WeChat parent plunge after Trump issues ban order
Saturday, 8 August 2020 ()
Hong Kong (AFP) Aug 7, 2020Shares in the parent of Chinese social media giant WeChat tanked in Hong Kong on Friday after Donald Trump signed an executive order banning Americans from doing business with the platform. Tencent plunged as much as 10 percent in morning trade before paring losses and ending down 5.04 percent at HK$527.50, dragging the broader Hang Seng Index down 1.6 percent. The sweeping restrictions
