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FANH

Fanhua

$23.01

(0.00%)

09:45
01/22/19
01/22
09:45
01/22/19
09:45

Fanhua: Research report 'an attempt to impact the company's share price'

Fanhua Inc. issued its response to an external research report which caused unusual trading activities of the company's stock price on January 17, 2019. The company's management reiterates that all business planning and operational decisions made by the management are intended for the long-term and healthy development of the company, so as to maximize shareholders' interests and ensure continuous dividend distribution to our shareholders. The Report was a deliberate attempt to "impact the company's share price and profit from the loss of other shareholders. It lacked basic knowledge of the insurance industry, made deliberate out-of-context misinterpretation and misrepresented facts so as to mislead the public." The company also commented, "Our management is saddened that the Report aimed to cast doubts on the integrity of the management. Our management has and will continue to prove that they have faithfully carried out their fiduciary duties to shareholders with continued profit growth and increasing dividend distribution. Our management firmly believes that the Company's profit will speak for them and the Company's continued strong results and sustainable dividend payment will prove the emptiness of the mistaken Report. Our management has full confidence in achieving solid growth in the Company's operating profit in 2019. As such, our management will submit a proposal to the Board to increase the dividend per ADS for fiscal year 2019. Our management would like to extend its sincere gratitude to investors for their continued support and the Company will reward them for their trust with its best performance."

TODAY'S FREE FLY STORIES

ARE

Alexandria Real Estate

$139.70

-0.43 (-0.31%)

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XXII

22nd Century

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0.02 (1.04%)

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ZTS

Zoetis

$98.72

0.95 (0.97%)

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PDM

Piedmont Office Realty

$20.21

-0.27 (-1.32%)

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TEVA

Teva

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0.27 (1.62%)

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FLIC

First Long Island

$22.35

-0.52 (-2.27%)

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First Long Island selects Christopher Becker to succeed Michael Vittorio as CEO »

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  • 16

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SCS

Steelcase

$17.49

-0.115 (-0.65%)

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Steelcase boosts quarterly dividend 7% to 14.5c per share »

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PRGO

Perrigo

$49.20

0.52 (1.07%)

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TRMK

Trustmark

$34.42

-0.7 (-1.99%)

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WIX

Wix.com

$108.92

1.02 (0.95%)

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Initiation
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CG

Carlyle Group

$19.00

-0.23 (-1.20%)

16:49
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INVH

Invitation Homes

$23.31

-0.23 (-0.98%)

16:49
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16:49
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16:49
Syndicate
Invitation Homes files to sell 43M shares of common stock for holders »

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  • 19

    Mar

SCS

Steelcase

$17.49

-0.115 (-0.65%)

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Earnings
Steelcase sees FY20 EPS $1.20-$1.35, consensus $1.32 »

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BA

Boeing

$373.87

1.77 (0.48%)

16:48
03/19/19
03/19
16:48
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Periodicals
Boeing CEO says understands 'lives depend' on jet safety, Reuters says »

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  • 19

    Mar

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SCS

Steelcase

$17.49

-0.115 (-0.65%)

16:47
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Earnings
Steelcase sees Q1 EPS 16c-20c, consensus 20c »

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  • 20

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EOLS

Evolus

, AGN

Allergan

$154.13

3.41 (2.26%)

16:46
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Initiation
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AGN

Allergan

$154.13

3.41 (2.26%)

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NVCR

Novocure

$50.99

-0.11 (-0.22%)

16:45
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Initiation
Novocure initiated at SunTrust »

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  • 19

    Mar

SCS

Steelcase

$17.49

-0.115 (-0.65%)

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Earnings
Steelcase reports Q4 EPS 29c, consensus 26c »

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MYL

Mylan

$28.61

0.44 (1.56%)

16:44
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Initiation
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ALTR

Altair

$37.68

-0.51 (-1.34%)

16:43
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Initiation
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MNK

Mallinckrodt

$23.19

0.49 (2.16%)

16:42
03/19/19
03/19
16:42
03/19/19
16:42
Initiation
Mallinckrodt initiated at SunTrust »

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  • 27

    Mar

LCI

Lannett

$8.05

0.17 (2.16%)

16:41
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Initiation
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16:40
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General news
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JAZZ

Jazz Pharmaceuticals

$135.47

1.02 (0.76%)

16:40
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Initiation
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  • 20

    Mar

NVRO

Nevro

$44.76

0.37 (0.83%)

16:39
03/19/19
03/19
16:39
03/19/19
16:39
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Nevro suspends 2019 revenue guidance »

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  • 20

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