Alibaba and Tencent shares fall after report says they could be added to U.S. blacklist

Jack Ma, CEO of Chinese e-commerce giant Alibaba, speaks during his visit at the Vivatech startups and innovation fair, in Paris on May 16, 2019. Philippe Lopez | AFP | Getty Images The shares of Alibaba and Tencent saw heavy falls on Thursday after a report, citing several people familiar with the matter, suggested the Trump administration could be about to add the Chinese tech giants to a U.S. blacklist. The conglomerates saw their shares on the Hong Kong stock exchange slide by around 4% after the report from The…