Prinx Chengshan Holdings Limited (HK:1809) has released an update.
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Prinx Chengshan Holdings Limited faces a 12.33% anti-dumping duty on truck and bus tires imported from its Thailand subsidiary, following a U.S. Department of Commerce investigation. This decision comes as the U.S. International Trade Commission finds material injury to the U.S. industry from these imports. However, the affected exports represent less than 5% of the company’s total revenue.
For further insights into HK:1809 stock, check out TipRanks’ Stock Analysis page.