To The Moon

On August 15th in the financial markets, Salesforce.com's stock price climbed by 3.89%. This uptick reflects investor optimism regarding recent developments at Salesforce.com (CRM), with insider...

Luzhou Laojiao's controlling shareholder, Laojiao Group, plans to increase its holdings in the company by injecting between 150 million yuan and 300 million yuan, according to a Shenzhen Stock Exchange filing on Friday.Laojiao Group, along with its acting-in-concert party, Luzhou Xinglu Investment Group, collectively owns 748.2 million shares or 50.83% of the Chinese distilleries company's share capital.China Construction Bank's Luzhou branch has committed to providing a special increase loan of up to 270 million yuan, with the loan amount not exceeding 90% of the total increase amount. The loan term will be up to 36 months.Laojiao's shares jumped almost 7% in recent trade.