US likely to ban Alibaba Group and Tencent Holdings from stock exchange
Shortpedia
Content Team
Image Credit: Shortpedia
After banning several Chinese firms from US stock exchanges, the Donald Trump administration is mulling over adding Alibaba Group Holding Limited and Tencent Holdings Limited to the blacklist. However, the move may face several roadblocks as Trump's term comes to an end on January 20 and market experts may oppose the move due to its impact on markets. Trump banned transactions with eight Chinese software applications on Tuesday.
