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Lichen China Limited (NASDAQ:LICN – Get Rating) was down 0.4% during trading on Monday . The company traded as low as $2.25 and last traded at $2.35. Approximately 114,938 shares changed hands during mid-day trading, a decline of 77% from the average daily volume of 489,515 shares. The stock had previously closed at $2.36. Lichen […]
3,659 Chinese hotels are being currently developed or constructed due to a favorable travel conditions.
According to the latest China Construction Pipeline Trend Report from Lodging Econometrics (LE), China’s total hotel construction pipeline stands at 3,659 projects/680,959 rooms at the end of Q1‘23, down 1% by projects and 3% by rooms year-over-year (YOY). While project counts may be down YOY, domestic and international travel gained significant momentum during the first quarter. The reopening of borders and national holidays has largely aided in the increased demand for travel accommodations, which is expected to continue this upward trajectory through the second quarter. As a matter of f...
The outpost In 1949 Chiang Kai-Shek’s nationalist forces were fleeing mainland China, pursued by the communist People’s Liberation Army. They headed for sanctuary on a series of islands off the coast including Taiwan, where they installed the government of the Republic of China. Determined to crush their rivals for good, the communists launched a force of 9,000 […]
Davao City looking at flights to other key cities in Japan