Stock of the United States’ largest defence contractor Lockheed Martin was downgraded to Hold from Buy at Deutsche Bank by 14.5 percent, with a price target of $523
  • @JohnDClay@sh.itjust.works
    -1•13 days ago

    Looks like it’s owned by Zhonghang Electronic Measuring Instruments, which is public? Or maybe they’re owned by AVIC which is both public and private?

    • ☆ Yσɠƚԋσʂ ☆OP
      5•13 days ago

      Private sector in China is not allowed to operate the same way the private sector operates in the west. So, your whole comparison is fundamentally flawed.