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Top 3 Materials Stocks That Could Blast Off This Month
CITIC SEC discusses the delisting of Chinese concept stocks: it will not change the intrinsic value of the companies and will bring incremental liquidity to the Hong Kong stock market.
CITIC SEC: We do not believe that the Hong Kong stock market is unable to accommodate a large-scale return of Chinese concept stocks. On one hand, the liquidity of the Hong Kong stock market has clearly improved, and on the other hand, the forced (Delisted) of stocks in the US actually shifts trading to the Hong Kong stock market, bringing incremental liquidity to the Hong Kong market.
IT Tech Packaging Announces Pricing Of $1.4M Public Offering Of 6,899,500 Shares Of Its Common Stock At A Price To The Public Of $0.20 Per Share
Express News | IT Tech Packaging Announces Pricing of $1.4 Million Public Offering
IT TECH PACKAGING ANNOUNCES PRICING OF $1.4 MILLION PUBLIC OFFERING
U.S. stock market movement: ZK International fell by 28.82%, making it the biggest decliner among Chinese concept stocks.
On May 13, Gelonghui reported that the five Chinese concept stocks with the largest closing declines are: ZK International down 28.82%, IT Tech Packaging down 18.84%, Infobird Software down 15.23%, SHINECO down 14.93%, and Dingxin Holdings down 14.48%. (Gelonghui)