Articles about Ninestar Raising Funds for U.S. Investment Are Old News and Misleading

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This week, Actionable Intelligence has seen some articles stating that Ninestar Corporation announced on December 7 that it had raised CNY 1.41 billion (*U.S. $202.9 million) from a private issuance of stock and had used part of the funds to invest in some projects in the United States, including “a renewable consumables production base” and

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