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@sh.itjust.works
      0·
      12 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.ml
        OP
        0·
        12 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.