XChange TEC.INC Intends To Gradually Reduce Its Operations In Mainland China And Plans To Invest Between $5M And $10M In US Market
XChange TEC.INC (NASDAQ:XHG) ("XChange" or the "Company"), a technology-focused company currently engaged in insurance agency and insurance technology businesses, today announced a strategic initiative
XChange is moving its business from China to the United States. It plans to spend between 5 and 10 million dollars there, so watch if this shift helps the company grow or costs too much money.
Last session drawn · prints held ~15 minutes · licensed exchange data
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
Disclosure: Educational and informational purposes only. Not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.