News Snapshot:
Lichen China Targets $25 Million U.S. IPO [Lichen China Ltd - Class A (LICN)] Summary - Lichen China has filed to raise $25 million in a U.S. IPO. - The firm provides financial advisory, taxation and related education services to companies in China. - LICN has produced solid financial results for a financial services firm and the stock is being priced at $4.00, so it will likely be a 'plaything' of ultra volatile day. - Longer term, I'm Neutral on the company as it is subject to pervasive regulatory uncertainties in China and the U.S. - Looking for more investing...
