Cheetah Net Supply Chain Service Inc
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Consumer Discretionary : Distributors |
Company profile

Cheetah Net Supply Chain Service Inc. is a supplier of parallel-import vehicles in the United States to be sold in the People’s Republic of China (PRC) market. The Company and its wholly owned subsidiaries are primarily engaged in the parallel-import vehicle dealership business. In the PRC, parallel-import vehicles refer to those purchased by dealers directly from overseas markets and imported for sale through channels other than brand manufacturers’ official distribution systems. The Company purchases automobiles, primarily luxury brands such as Mercedes, BMW, Porsche, Lexus, and Bentley, from the U.S. market and resells them to its customers, including both U.S. and PRC parallel-import car dealers. The Company holds 100% of the equity interests in the subsidiaries, such as Allen-Boy International LLC, Canaan International LLC, Pacific Consulting LLC, Canaan Limousine LLC, Entour Solutions LLC, Spirit Solutions LLC, and Cheetah Net Logistics LLC.

Closing Price
$1.92
Day's Change
-0.01 (-0.52%)
Bid
--
Ask
--
B/A Size
--
Day's High
1.99
Day's Low
1.88
Volume
(Light)
Volume:
21,955

10-day average volume:
48,943
21,955

American Express, UnitedHealth Share Gains Contribute To Dow's 189-point Climb

12:17 pm ET June 1, 2023 (MarketWatch)
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This article was automatically generated by MarketWatch using technology from Automated Insights.

Behind strong returns for shares of American Express and UnitedHealth, the Dow Jones Industrial Average is up Thursday afternoon. The Dow is trading 189 points higher (0.6%), as shares of American Express (AXP) and UnitedHealth (UNH) are contributing to the index's intraday rally. American Express's shares have gained $4.09 (2.6%) while those of UnitedHealth are up $11.07, or 2.3%, combining for a roughly 100-point bump for the Dow. Caterpillar (CAT), Visa (V), and Boeing (BA) are also contributing significantly to the gain. A $1 move in any of the Dow's 30 components equates to a 6.59-point swing.

Data source: Dow Jones Market Data, FactSet. Data compiled June 1, 2023.

This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.

	

(END) Dow Jones Newswires

June 01, 2023 12:17 ET (16:17 GMT)

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