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Alibaba, Tencent may be added to US blacklist

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Shares of Alibaba and Tencent fell on reports the Trump administration may add the Chinese technology giants to a U.S. blacklist.

A report in The Wall Street Journal indicated the federal government is considering prohibiting Americans from investing in the firms.

The U.S. government in November blacklisted 31 Chinese companies over concerns that they support the country's military.

Read more from CNBC.

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