HONG KONG (AFP): Shares in the parent of Chinese social media giant WeChat tanked in Hong Kong on Friday (Aug 7) after Donald Trump signed an executive order banning Americans from doing business with the platform, citing national security concerns.
Tencent plunged as much as 10 per cent in morning trade before paring losses and ending the session down 6.75 per cent at HK$518.00, dragging the broader Hang Seng Index down more than two per cent.
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