Page 7 - சேற்று நீர் மூலதனம் News Today : Breaking News, Live Updates & Top Stories | Vimarsana
January 19, 2021 Filing Deadline in JOYY Investor Class Action – Contact Lieff Cabraser
businesswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesswire.com Daily Mail and Mail on Sunday newspapers.
January 19, 2021 Filing Deadline in JOYY Shareholder Class Action – Contact Lieff Cabraser
businesswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesswire.com Daily Mail and Mail on Sunday newspapers.
Tue, 22 December 2020 | Written By: Alec Malloy
Alec Malloy is a content writer with over 7 years’ experience spanning a range of commercial sectors.
What are the risks to investing in Chinese stocks in 2021?
Equities
China’s main stock markets soared to a collective $10 trillion earlier in 2020, which has caused investors to turn to their gaze eastward. But should you be trading or investing in Chinese stocks in 2021?
Should you invest in Chinese shares?
The case for Chinese stocks
China is the world’s second-largest economy, and the only large economy to forecast positive growth in 2020. The IMF forecasts China’s GDP to grow 1.2% by the end of 2020, although the figure may actually be closer to 2%. October’s World Bank report puts China’s economy on a growth footing for 2021 too, forecasting total GDP growth of 7.9% by the close of next year. Despite being the first country officially hit by Covid-19,
JOYY Inc. (YY) Securities Fraud Class Action:
The complaint alleges that Defendants misrepresented and concealed that: (1) JOYY had dramatically overstated its revenues from live streaming sources; (2) the majority of users at any given time were bots; (3) the Company utilized these bots to effect a round-tripping scheme that manufactured the false appearance of revenues; (4) the Company overstated its cash reserves; and (5) the Company s recent acquisition of Bigo was largely contrived to benefit corporate insiders, including JOYY s co-founder, CEO, and Chairman David Xueling Li, who set up Bigo.
Investors began to learn the truth, according to the complaint, on Nov. 18, 2020 when research firm
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of JOYY Inc
globenewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from globenewswire.com Daily Mail and Mail on Sunday newspapers.