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We provide the latest news from the world of economics and finance
We provide the latest news from the world of economics and finance
(RTTNews) - The9 Ltd. (NCTY), an internet company, said on Friday that its Chairman and CEO Jun Zhu plans to purchase up to 10 percent of the company's outstanding American Depositary Shares.
The ADSs will be purchased in the open market from time to time at prevailing market prices in accordance with applicable rules and regulations.
NCTY was trading up by 8.98 percent at $4.490 per share in the pre-market trade on the Nasdaq.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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