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January 2021

Wuhan chipmaker attributes drop in sales to Covid, ‘mad suppression’ by US

2021-01-26
By: Bruce G. Owens
On: January 26, 2021
In: Falling sales
With: 0 Comments

Chinese company Wuhan P&S Information Technology Co Ltd on Tuesday accused Covid-19 and the “mad suppression” of the Chinese tech sector by the US government of a sharp drop in sales last year. The remarks are an unusually open admission of the stress the Chinese electrical components industry has sufferedRead More →

YES The bank’s share increases by 3% in a declining market, here’s why

2021-01-18
By: Bruce G. Owens
On: January 18, 2021
In: Falling market
With: 0 Comments

YES Bank stock was trading up 2.8% despite Monday’s bearish session, ranking among the most active bank scripts by volume on BSE and ESN today. The lender’s board is expected to consider raising funds at its January 22 meeting. The bank is also expected to report its December quarter resultsRead More →

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