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DAILY DOSE: December 29, 2020

DAILY DOSE: December 29, 2020 Posted on 12/29/2020 1. World Health Organization (WHO) chief scientist Soumya Swaminathan during a virtual conference on Monday said, “I don’t believe we have the evidence on any of the vaccines to be confident that it’s going to prevent people from actually getting the infection and therefore being able to pass it on.” Some pathogens can infect and reproduce in vaccinated people for short periods of time without making them sick. There is uncertainty on whether COVID-19 vaccines will stop transmission of the virus or just prevent people from becoming sick. Furthermore, it’s still unknown how long immunity through vaccination lasts.

Kandi Technologies in Cooperation Deal With Agriculture Bank of China

By Chris Wack Kandi Technologies Group Inc. said Tuesday it entered into a strategic cooperation agreement with the Hangzhou Branch of the Agricultural Bank of China. The company said the strategic partnership was established among Zhejiang Kandi Vehicles Co., Zhejiang Ruiheng Technology Co., China Battery Exchange Technology Co. and the Hangzhou Branch of the Agricultural Bank of China. The parties will promote the implementation of the 300,000 government-accredited pure electric vehicles with battery swap model within five years of rideshare program. The Agricultural Bank of China Hangzhou Branch will provide Kandi with a $76.5 million line of credit to support the first phase of the program, and will treat Kandi Vehicles, Zhejiang Ruiheng, and China Battery as VIP customers to offer comprehensive financial services from the Bank s available financial resources.

DEADLINE ALERT for CVIAQ, QIWI, and KNDI: The Law Offices of Frank R Cruz Reminds Investors of Class Actions on Behalf of Shareholders

Home / Top News / DEADLINE ALERT for CVIAQ, QIWI, and KNDI: The Law Offices of Frank R. Cruz Reminds Investors of Class Actions on Behalf of Shareholders DEADLINE ALERT for CVIAQ, QIWI, and KNDI: The Law Offices of Frank R. Cruz Reminds Investors of Class Actions on Behalf of Shareholders LOS ANGELES, Dec. 29, 2020 (GLOBE NEWSWIRE) The Law Offices of Frank R. Cruz reminds investors that class action lawsuits have been filed on behalf of shareholders of the following publicly-traded companies.  Investors have until the deadlines listed below to file a lead plaintiff motion. Investors suffering losses on their investments are encouraged to contact The Law Offices of Frank R. Cruz to discuss their legal rights in these class actions at 310-914-5007 or by email to [email protected]

Kandi Technologies Shares Rise 5% After Cooperation Deal in China

Provided by Dow Jones By Chris Wack Kandi Technologies Group Inc. shares were up 5% at $7.20 after the company said it entered into a strategic cooperation agreement with the Hangzhou Branch of the Agricultural Bank of China. Volume for the stock was 15.2 million shares at 12:35 p.m. ET, compared with its 65-day average volume of 11.7 million shares. The stock hit its 52-week high of $17.45 on Nov. 24. The company said the strategic partnership was established among Zhejiang Kandi Vehicles Co., Zhejiang Ruiheng Technology Co., China Battery Exchange Technology Co. and the Hangzhou Branch of the Agricultural Bank of China. The parties will promote the implementation of the 300,000 government-accredited pure electric vehicles with battery swap model within five years of rideshare program.

ROSEN, A HIGHLY RESPECTED LAW FIRM, Announces Filing of Securities Class Action Lawsuit Against

Press release content from Globe Newswire. The AP news staff was not involved in its creation. ROSEN, A HIGHLY RESPECTED LAW FIRM, Announces Filing of Securities Class Action Lawsuit Against . The Rosen Law Firm PADecember 24, 2020 GMT NEW YORK, Dec. 24, 2020 (GLOBE NEWSWIRE) Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of the securities of Kandi Technologies Group, Inc. (NASDAQ: KNDI) between March 15, 2019 and November 27, 2020, inclusive (the “Class Period”). The lawsuit seeks to recover damages for Kandi investors under the federal securities laws. To join the Kandi class action, go to http://www.rosenlegal.com/cases-register-1998.html or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

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