Calvin Klein Parent PVH, Illumina Put on China's 'Unreliable Entity' List
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Calvin Klein parent company PVH and biotech firm Illumina have been added to China's 'unreliable entity' list, causing their shares to fall.
February 04, 2025 | 5:00 pm
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NEGATIVE IMPACT
Illumina has been added to China's 'unreliable entity' list, resulting in a decrease in its stock price.
The inclusion of Illumina on China's 'unreliable entity' list could harm its business prospects in China, affecting investor confidence and stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
PVH, the parent company of Calvin Klein, has been added to China's 'unreliable entity' list, leading to a decline in its stock price.
Being added to China's 'unreliable entity' list can negatively impact PVH's business operations and investor sentiment, leading to a drop in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100