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Why is YUEIY down 4.24%?
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YUEIY:OTCMKTS
Yue Yuen Industrial Holdings ADR
$7.86
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-4.24%(-0.35) 1D
Oct 8, 4:00:00 PM GMT-4 · USD
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All symbols
| Symbol | Price | Change | % Change |
|---|
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Open
$7.83
High
$8.24
Low
$7.83
Mkt. cap
20.26B
Avg. vol.
2.29K
Volume
1.76K
52-wk high
$12.61
52-wk low
$7.45
Beta
0.67
Shares outstanding
320.91M
No. of employees
293K
Open
$7.83
High
$8.24
Low
$7.83
Mkt. cap
20.26B
Avg. vol.
2.29K
Volume
1.76K
52-wk high
$12.61
52-wk low
$7.45
Beta
0.67
Shares outstanding
320.91M
No. of employees
293K
News stories
From web sources and news partners
AD HOC NEWS
·
21 hours ago
Yue Yuen stock was last at HKD 12.40 below its 52-week high
AD HOC NEWS
·
1 day ago
CLSA keeps Buy rating for Yue Yuen stock
AD HOC NEWS
·
2 days ago
Yue Yuen reports lower August revenue: HKD 5.70 target for Yue Yuen stock
Profile
Yue Yuen Industrial Limited is a Taiwanese footwear manufacturer headquartered in Hong Kong and established by its Taiwanese parent company, Pou Chen Group. It is the largest branded athletic and casual footwear manufacturer in the world. It is an original equipment manufacturer and original design manufacturer for major international brand name companies such as Nike, Crocs, Adidas, Reebok, Asics, New Balance, Puma, Timberland and Rockport.
In 1988, the company set up its first production line in China. It was one of the Hang Seng Index Constituent Stocks in the Hong Kong Stock Exchange. But after 8 June 2009, it was removed from blue chip.
In April 2014 40,000 workers were protesting the company's failure to pay the full social security and house renting contribution. The protests were triggered by a staff member who worked for 18 years at Yue Yuen did not get her full pension. The company did not pay 250 yuan per month to the employee that they should have. All companies are supposed under Chinese law to pay full mandatory social insurance for workers – including pensions, medical insurance, housing allowances and injury compensation. Wikipedia
About Yue Yuen Industrial Holdings ADR
CEO-
Employees293K
Founded1988
HeadquartersTsim Sha Tsui, Kowloon, Hong Kong
SectorFootwear
Websiteyueyuen.com