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Anything is better than the past nothing wouldn't you agree?
You can certainly put on that party hat now, IT HAS ARRIVED!!!!!!!!!!!!!!!!!!
Looks like Wall St not paying any attention to the HEDGE FUND REPORT!
The board and company have had a large deep cookie jar they have been reaching into forever benefitting themselves!
We back to our old trading pattern, market cranking and we are a non participant!
Absolutely not! Nothing to do with you!
Get ready it's almost here! Something like you have never seen before in your life time!!!!!!!!!!!!!!!!!!
Or hopefully not, taken out on the cheap because of such a small float!
If I remember correctly don't believe we participate in set top box business? Anyone
WOULD HOPEFULLY BE GOOD FOR IDCC!!!!!!!!!!!!!!
Ross Optimistic on China Trade Deal, Says Huawei Licenses Coming
By Philip Heijmans and Haslinda Amin
November 3, 2019, 7:52 AM EST
‘No natural reason’ why leaders can’t sign deal this month
Licenses for companies to sell to Huawei coming ‘very shortly’
Photographer: Gilles Sabrie/Bloomberg
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1475539D
SENSETIME GROUP LTD
Private Company
1737211D
MEGVII TECHNOLOGY LTD
Private Company
002415
HANGZHOU HIKVI-A
32.90CNY+0.55+1.70%
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Commerce Secretary Wilbur Ross expressed optimism the U.S. would reach a “Phase One” trade deal with China this month and said licenses would be coming “very shortly” for American companies to sell components to Huawei Technologies Co.
Ross said Iowa, Alaska, Hawaii and locations in China are all possible places for Donald Trump and Xi Jinping to sign the deal after the cancellation of this month’s Asia-Pacific Economic Cooperation summit in Chile due to unrest in the country. He called the agreement “particularly complicated” and said the U.S. was “making sure that each side has a very correct and clear, detailed understanding of what each side has agreed to.”
“We’re in good shape, we’re making good progress, and there’s no natural reason why it couldn’t be,” Ross told Bloomberg Television’s Haslinda Amin in an interview on Sunday in Bangkok, when asked if the deal is on track to be signed this month. “But whether it will slip a little bit, who knows. It’s always possible.”
Stocks rose to fresh records Friday amid signs of a breakthrough on trade as well as stronger-than-expected U.S. job growth. Top negotiators both spoke on the phone Friday and described the talks as “constructive” as they look to lower tensions in a trade war that has roiled global growth.
Non-Committal
The deal would see China increase purchases of U.S. agriculture products, keep its currency stable and open financial services markets to American firms. In return, Beijing wants the U.S. to do away with new import taxes due to take effect Dec. 15 on goods including smartphones.
Ross, who is attending a regional summit hosted by the Association of Southeast Asian Nations, remained non-commital on whether the Trump administration would suspend the December tariff hike. He also said further phases of the deal would depend on things involving legislation on the part of China and an enforcement mechanism, without which “all you’ve got is a pile of paper.
Read live updates from the Asean Summit in Bangkok
Chinese officials have cast doubts about reaching a comprehensive long-term trade deal even as the two sides close in on the phase one agreement, Bloomberg reported last week. China has stated for months that a final deal must include the removal of all punitive tariffs, and has balked at reforms in areas such as state-run enterprises that could jeopardize the Communist Party’s grip on power.
Trump has placed dozens of Chinese firms on the Commerce Department’s “entity list,” hampering their ability to purchase American software and components. It first targeted Huawei in May for national security reasons, and last month added 28 more companies including artificial intelligence giants SenseTime Group Ltd., Megvii Technology Ltd. and Hangzhou Hikvision Digital Technology Co.
Entities on the list are prohibited from doing business with American companies without being granted a U.S. government license, although some have maintained relationships with banned companies through international subsidiaries. China’s government has signaled it will hit back over the blacklist, and the companies have denied wrongdoing.
How Blacklisting Companies Became a Trade War Weapon: QuickTake
“There is not any cybersecurity issue for us and there is no evidence from the U.S. to say that,” Edward Zhou, a Huawei vice president, said in an address earlier Sunday in Bangkok during the regional summit. “We predict that this year, we can almost keep up the same performance as last year, even under such great pressure from the U.S. government.”
Licenses Coming ‘Shortly’
The blacklist is also hurting American companies that do business with China, and particularly Huawei. Trump said in June after meeting with Xi in Japan that he’d “easily” agreed to allow American firms to continue certain exports to Huawei, and weeks later Trump said he’d accelerate the approval process for licenses.
Still, none have been granted so far. The president as recently as this month green-lit the approval of licenses in a meeting with advisers, according to people familiar with the matter, but an announcement has yet to be made.
Ross on Sunday said the licenses “will be forthcoming very shortly,” noting that the government received 260 requests.
“That’s a lot of applications -- it’s frankly more than we would’ve thought,” Ross said in the interview. “Remember too with entity lists there’s a presumption of denial. So the safe thing for these companies would be to assume denial, even though we will obviously approve quite a few of them.”
One of the industry’s main arguments for allowing shipments of non-national security sensitive items is that Huawei can buy some of those components from competitors around the world, including South Korea, Japan and Taiwan.
Ross also defended the U.S.’s engagement in Asia after Trump skipped the Asean meetings for the second straight year. And he downplayed the significance of a 16-nation trade agreement backed by China that would lower tariffs in an area representing about a third of the world’s economy. Asian leaders were expected to announce a breakthrough on the agreement, known as the Regional Comprehensive Economic Partnership, at the end of the meetings.
No Trump or Pence in Bangkok Has Asia Questioning U.S. Strategy
While contentious issues remain and the terms aren’t yet known, RCEP would at least in part fill a trade gap left by the U.S. after Trump withdrew from the Trans-Pacific Partnership in 2017. Southeast Asia, which collectively has the world’s fifth largest economy, has struggled to wade through the economic fallout of enduring trade tensions between the U.S. and China.
“RCEP is not much of an agreement,” Ross said. “It’s not a free trade agreement, it’s not anything remotely like TPP, nor anything remotely like our separate arrangements with Japan and with South Korea. So I don’t think you want to blow that out of proportion. It’s a very low-grade treaty.”
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After yesterday it sure is! AMAZED ,HOPE IT CONTINUES!
Maybe if we ink another agreement we can be in the $40's ( probably coming tomorrow)! Great conference call THEY SUCK!!!!!!!!!!!!
Stop with the buy backs! Smoke and mirrors to give the illusion earnings are better because of lesser shares! INCREASE DIVIDENDS!
We have the secret coca cola formula no agreement information can be divulged! LOL
For real? It sucked name me one other listed company that ever signed 2 agreements and goes lower?
And they have taken away the jobs that produced those products!
That's the USA'S new roll is to allow all trading partners to extract our wealth!
I'll speak slowly for u2 when you have a $300- 500 billion a year China trade deficit with the USA it's not a fair and good trade policy!
Increase dividend, we already have mouse nuts for out standing shares compared to other companies! Lesser shares makes it easier for a take out!
You might think we paid ZTE to settle! Amazing!
Would like to see some Wall St interest and some huge volume come into the stock!
Strike 3 you can put on that party hat now! LET THE GAMES BEGIN!
Hopefully we will get some impactful upgrades now!
Shocker to say the least, excellent!
Let's hope it gets put to paper!
Now on Lou Dobbs comments the Chinese may already be reneging on agreement to buy agriculture products! If true market will get hammered tomorrow!
Market up strongly on China hope, isn't that where all our growth supposedly is yet we are a non participant once again with as usual NO WALL ST INTEREST! Is this company really what we all have believed for years? Beginning to wonder!
The posting interest on this board is becoming the same as Wall Street's!
I guess we're going to see!
LOL!!!!!!!!!!!!!!!!!!!!!!!!!
Not where you thought it was going to be!
Get ready no party hat for you hurricane 10 coming ashore!!!!!!!!!!!!!!!!!!!!!!!!!!!
You are not going to get China to change their laws about IPR theft but he must make it perfectly clear that it will no longer be tolerated and there will be harsh penalties if it continues! Pelosi and Shumer have come out in support of TRUMPS China trade policy. The President should get signatures from BOTH parties supporting what he's doing to show the Chinese that even if he is not re-elected the Democrats will continue with his policies! JMO
Bit of a different company!
You're a brave man buying in front of the China trade talks next week! Still of the opinion China digs in and waits for the election, no agreement! HOPE I'M WRONG!
Every time this idiot speaks especially about China being our biggest earnings potential we go lower! With the stupidity going on right now China will wait and see if Trump gets re-elected! MARKET UP AGAIN 364 POINTS WE'RE DOWN OVER $2 Merritt and company should go!
Don't put on that party hat just yet! LOL
Agree totally !!!! YOUR POST WILL PROBABLY BE REMOVED, MINE JUST WAS!