|Bid||3.23 x 0|
|Ask||3.24 x 0|
|Day's Range||3.23 - 3.25|
|52 Week Range||1.77 - 3.34|
|PE Ratio (TTM)||19.88|
|Dividend & Yield||0.00 (0.00%)|
|1y Target Est||N/A|
BEIJING/SHANGHAI, Aug 18 (Reuters) - China will strengthen rules to defuse risks for domestic companies investing abroad and curb "irrational" overseas investment in its Belt and Road initiative, the state planner said on Friday. The National Development and Reform Commission (NDRC) said in an online statement lauding the Belt and Road initiative that it would provide better guidance on risks to companies investing overseas in order to prevent "vicious" competition and corruption.
Mergers and acquisitions by Chinese companies in countries that are part of the Belt and Road initiative are soaring, even as Beijing cracks down on China's acquisitive conglomerates to restrict capital outflows. Chinese acquisitions in the 68 countries officially linked to President Xi Jinping's signature foreign policy totalled $33 billion as of Monday, surpassing the $31 billion tally for all of 2016, according to Thomson Reuters data. Unveiled in 2013, the Belt and Road project is aimed at building a modern-day "Silk Road", connecting China by land and sea to Southeast Asia, Pakistan and Central Asia, and beyond to the Middle East, Europe and Africa.
Q1 2018 Global Logistic Properties Ltd Earnings Call