NEW YORK (AP) â¿¿ China Valves Technology Inc. said Thursday it has appointed a new chief financial officer. Gang Wei, who held a similar position for State Grid International Development Ltd., will take over the position immediately. Wei will replace Renrui Tang, who had held the position on an interim basis since June. Tang will remain as the company's financial controller. The Kaifeng City, China company makes metal valves for a variety of industrial uses in China. Shares fell 6 cents to $10.04 in morning trading.
More from Stocks
Google's Deal for Looker Data Draws Fed Antitrust Review
Google faces scrutiny from federal antitrust regulators for its proposed deal for Looker Data Sciences.
China's Silence Makes It Clear There's No Trade Deal at All
Stock markets have rallied on the "Phase 1" agreement reached with China, but the optimism is misplaced, with no mention of any trade deal whatsoever from the Chinese side.
Analysts' Advice Just Doesn't Stick for This Company
Unless you like to buy high and sell low, taking some analysts' word on 3M has made no sense.
Boeing Shares in Focus After CEO Dennis Muilenburg Stripped of Chairman's Role
Boeing shares drifted lower Monday after the planemaker said it would strip CEO Dennis Muilenburg of his chairman role in order to allow his to focus entire on bringing the grounded 737 MAX aircraft back into service.