SHANGHAI : Shares of China's Leon Technology Co surged in early trade on Thursday, a day after the company downplayed a Financial Times report that it would be added to a U.S. investment blacklist this week.
Leon's shares gained more than 15per cent in early deals and were last up around 10per cent. The company said in a statement on Wednesday that it does not operate in the U.S. market and would not be affected if it was included in the U.S. blacklist.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Ireland Ireland Latest News, Ireland Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
US to blacklist 8 more Chinese companies, including DJI over Uyghur surveillance -FTThe United States Treasury will place eight Chinese companies including DJI, the world’s largest commercial drone manufacturer, on an investment blacklist for alleged involvement in surveillance of the Uyghur Muslim minority, the Financial Times reported on Tuesday. The Treasury will put DJI and the oth
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
US to add 8 Chinese companies to investment blacklist - FTThe United States will add eight Chinese companies, including the world’s largest commercial drone manufacturer DJI Technology Co Ltd, to an investment blacklist this week, the Financial Times reported on Wednesday. The U.S. Treasury will put the companies on its “Chinese military-industrial complex c
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »