Tempest of mismanagement, wrongdoing brews in China Rare Earth’s teacup
After a barrage of internal accusations, the problem-plagued company, despite its attention-grabbing name, is becoming another cautionary tale for investors Key Takeaways: China Rare Earth’s subsidiaries are facing at least…
BRIEF: JL Mag licensed to supply Europe, U.S. as China eases rare earth controls
Rare earth magnetic materials producer JL Mag Rare-Earth Co. Ltd. (6680.HK; 300748.SZ) disclosed on Wednesday it has obtained export permits covering the U.S., Europe and Southeast Asia after China imposed…
JL Mag fortified by strategic status of rare earths in U.S.-China trade war
The state-owned maker of rare earth magnets reported strong profit growth in the first quarter, reversing two years of declines Key Takeaways: As a maker of rare earth magnets that…
FAST NEWS: Rosefinch fund cuts JL Mag stake for eighth time this year
The Latest: Institutional investor Rosefinch Fund Management disclosed it sold about 850,000 Hong Kong-listed shares of rare earth materials producer JL Mag Rare-Earth Co. Ltd. (6680.HK; 300748.SZ) on April 8 at an average…
Why JL Mag came unstuck, but is getting back on track
The company is going through a difficult adjustment after a plunge in the price of neodymium, a key ingredient in the rare earth permanent magnets that are its core product…
FAST NEWS: JL Mag’s profit dips on volatile rare earth prices
The latest: Rare earth materials producer JL Mag Rare-Earth Co. Ltd. (6680.HK; 300748.SZ) announced on Thursday its revenue fell 15.2% to 1.62 billion yuan ($222 million) in the third quarter, while its net…
CHINA BULLETIN: Janet Yellen’s Awkward Beijing Visit
In this week’s issue Janet Yellen’s awkward trip to Beijing, China’s new export restrictions, and Tesla’s China layoffs. On a scale of 1 to 100, we give the week a 35 for offshore-listed China stocks.
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JL Mag fortified by strategic status of rare earths in U.S.-China trade war
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