Stocks to watch: Nio, Hafary Holdings, Hwa Hong, Sevens Atelier
THE following companies saw new developments that may affect trading of their securities on Tuesday (Jul 12):
Nio : NIO 0%: The Chinese electric vehicle maker’s board has formed a committee comprising independent directors Denny Ting Bun Lee, Hai Wu and Yu Long to oversee an independent investigation regarding the allegations made in a report by short-seller Grizzly Research. The short-seller claimed on Jun 28 that Nio has been “playing Valeant-esque a…
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Capital Markets & Currencies
Asia: Oil surges, equities sink as Iran blasts fan Middle East escalation fears
Tokyo: Nikkei index tumbles 3% in morning trade
Singapore shares open higher on Friday; STI up 0.2%
Stocks to watch: CICT, Seatrium, Keppel DC Reit, UOB
Europe: Industrials boost Stoxx 600 as earnings season rolls in
US: Stocks end mostly lower after volatile session