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
      12·
      3 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 ☆@lemmy.mlOP
        52·
        3 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.