JSE may feel Naspers pressure on Friday as Trump moves against Tencent
US president has issued an executive order giving US companies 45 days to stop dealing with TikTok and WeChat
07 August 2020 - 07:06
The JSE may feel pressure on Friday morning with Asian markets under severe pressure after the White House moved to ban US companies from doing business with WeChat owner Tencent and ByteDance, the owner of the TikTok app.
The White House cited national security concerns as it effectively barred the use of WeChat and TikTok in the US by giving US companies 45 days to stop financial transactions with the two Chinese tech giants...
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