US-listed Chinese stocks fall as Trump takes aim at WeChat, TikTok

News Snapshot:

People take pictures of the Huya Inc. logo ahead of the company's IPO at the New York Stock Exchange (NYSE) in New York, U.S., May 11, 2018. (Photo by=REUTERS/Brendan McDermid) [아시아뉴스통신=레악카나 기자] 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. Shares of other U.S.-listed Chinese companies backed by Tencent, including JD.com, Huya Inc and Nio Inc...