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Welch & Forbes LLC trimmed its stake in Visa Inc. (NYSE:V – Free Report) by 0.6% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 757,672 shares of the credit-card processor’s stock after selling 4,295 shares during the quarter. Visa accounts for 3.0% of […]
The fierce price war sweeping China’s EV market is likely to persist for years, with the impact to be felt by foreign carmakers which will see their market share shrink, Leapmotor co-president Michael Wu says.