WASHINGTON (June 27): U.S. President Donald Trump said on Wednesday that he will use a strengthened security review process to deal with threats from Chinese investments to acquire U.S. technologies, instead of imposing China-specific restrictions.
The Treasury Department has recommended that Trump use the Committee on Foreign Investment in the United States (CFIUS), whose authority would be enhanced by new legislation in Congress, to control transactions. The legislation expands the scope of deals reviewed by the interagency panel to effectively address national security concerns.
"I have concluded that such legislation will provide additional tools to combat the predatory investment practices that threaten our critical technology leadership, national security, and future economic prosperity," Trump said in a statement.
He added that upon final passage of the Foreign Investment Risk Review Modernization Act, he will direct his administration "to implement it promptly and enforce it rigorously, with a view toward addressing the concerns regarding state-directed investment in critical technologies."
If Congress fails to pass the legislation quickly, Trump said he would direct the administration to implement new restrictions under executive authority that could be applied globally.
28cents today, will it drop below 25 cents? with trade war worries & coke price keeps fluctuating...probably yes, points to ponder.. unless it shows strong Q2 result, good luck to all..my thought.
With steel counter eg Annjoo share price dropped from RM 3.90 to RM 1.88 within 5-6 months time, probably it will still drop further from RM 1.88, better watch out all steel counters.. is there good timing to buy? Good luck. My thought.
Will u buy Huaan if it drops below 25 cents? Actually still uncertain with Q2 result, Q2 last year showed EPS below 2 cents, will it be worse this coming Q2? Really no answer now...my thought..
Looks like it is still in consolidation mode and no fundamentals will stop its drop. This was its old price in Dec 2017 before its meteoric rise due. Looks like most of us have been had, with those without holding power suffering the most. Will it rise any time soon? Unlikely. Will it drop more? Look at its last six month trend.
This stock came and gone d. Unfortunate for those who chased at the tail end of the meteoric 'rise'. If no holding power, better to cut lost la. Else probably need to wait out another 6 months or so. FA and TA both so so only...
most losers will panicked when they see huaan share price rise sharply.most people anticipate the explosive results wrong but this coming quarter we will see yeah whether explosive results or not
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Posted by Hustle > 2018-06-27 10:51 | Report Abuse
This project will have a long term collaboration between china