U.S.-listed Chinese stocks fall as Trump takes aim at WeChat, TikTok


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U.S.-listed Chinese stocks fall as Trump takes aim at WeChat, TikTok Less than a minute Google+ VKontakte Odnoklassniki . U.S.-listed shares of Chinese firms fell on Friday, a day after President Donald Trump unveiled bans on U.S. transactions with the China-based owners of messaging app WeChat and video-sharing app TikTok, escalating tensions between the two countries. Tencent Holdings Ltd owns the popular WeChat app, while ByteDance is the owner of TikTok. The executive order by Trump will be effective in 45 days and comes after the Trump administration said this week it was stepping up efforts to purge “untrusted” Chinese...