A continuing threat of tariffs hanging over commerce between the world's two largest economies would mean a deal would not end the risk of investing in businesses or assets that have been impacted by the trade war.
One day after the report is released, Fanhua immediately issued a rebuttal to the short-seller allegations, saying that the report included groundless accusations and deliberate out-of-context misinterpretation
HSBC analyst set a price target on Tencent Music to $16 per share, implying a 23-percent upside.
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Shares in the company closed today at $24.41 per American depositary share in New York, up 4 cents.
The Chinese brand, which officially launched just a year ago, is Starbucks’ most aggressive competitor in the country.
With this latest move at CES 2019, the delivery and services company is pushing its autonomous delivery capabilities.
This IPO could raise between $300 million and $500 million and could happen in the first half of this year, though one source cautioned that $500 million might be high.
The 4-year-old company, sometimes referred to as the Tesla of China, said it delivered 3,318 of its ES8 models last month as it launched its new ES6.
MMTec, through its Bahamian subsidiary, owns 100 percent of a U.S.-registered broker-dealer, MM iGlobal Inc., located in New York.
“This approval of Kandi’s EV Project marks a milestone for the Company,” the company's chairman and CEO said in a statement today.
The company provides system and software services to corporate and government clients affiliated with global trade. It also plans to launch blockchain services during this quarter.