Hon Hai Precision Industry Co Ltd
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Information Technology : Electronic Equipment, Instruments & Components | Large Cap Value
Based in Taiwan, Province Of China
Company profile

Hon Hai Precision Industry Co Ltd is a Taiwan-based company mainly engaged in the provision of various connectors, housings, radiators, assembled products and related products related to the information industry, communication industry, automation equipment industry, optoelectronics industry, precision machinery industry, automotive industry, and consumer electronics industry, as well as the manufacture and sale of network cable assembly and other products. The Company's products include components, modules and system assembly products in the fields of computers, modules and consumer electronics (3C) electronic products. The components include 3C connectors, wire-mounted products and other components. The modules include mechanical modules and electronic modules. The system assembly products include assembly of finished products of 3C products. The Company operates businesses in domestic and overseas markets.

This security is an American depositary receipt
ADR Fees
American Depositary Receipt (ADR) Fee

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Closing Price
$5.98
Day's Change
-0.02 (-0.33%)
Bid
--
Ask
--
B/A Size
--
Day's High
6.04
Day's Low
5.96
Volume
(Heavy Day)
Volume:
269,691

10-day average volume:
220,477
269,691

UPDATE: Tesla discloses SEC issued subpoenas in December for information on financial data and contracts

10:04 am ET February 13, 2020 (MarketWatch)
Print

Tesla Inc. (TSLA) released its audited 2019 annual report (https://www.sec.gov/ix?doc=/Archives/edgar/data/1318605/000156459020004475/tsla-10k_20191231.htm) early Thursday, and disclosed that on Dec. 4 the Securities and Exchange Commission issued a subpoena seeking information concerning "certain financial data and contracts including Tesla's regular financing arrangements." Tesla said the Department of Justice had also asked to voluntarily provide information regarding financing arrangements. Also on Dec. 4, the electric car maker said the SEC closed its investigation into the projections and other public statements regarding Model 3 production rates. In the 2018 10-K filing (https://www.sec.gov/Archives/edgar/data/1318605/000156459019003165/tsla-10k_20181231.htm), the SEC had issued subpoenas to Tesla in connection with Chief Executive Elon Musk's statement regarding consideration of taking Tesla private and certain projections made for Model 3 production rates. The stock fell 3.0% in premarket trading, as the company also announced earlier plans for a $2 billion stock offering (http://www.marketwatch.com/story/tesla-stock-slammed-as-company-announces-plan-to-issue-up-to-2-billion-in-new-shares-2020-02-13). The stock has more than doubled (up 122%) over the past three months through Wednesday, while the S&P 500 has gained 9.2%.

-Tomi Kilgore; 415-439-6400; AskNewswires@dowjones.com

(END) Dow Jones Newswires

February 13, 2020 10:04 ET (15:04 GMT)

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