Market Chatter: Illumina Talks With Authorities After Placed in China's Unreliable Entity List

MT Newswires Live

Feb 10, 2025

US biotechnology company Illumina is in discussion with authorities after being added to China's unreliable entity list for allegedly breaching fair market rules, Yicai Global reported on Feb. 7, citing the company's spokesperson.

The company was placed on the Chinese Commerce Ministry's list after cutting ties with Chinese firms, a move that affected the firms' legitimate rights and interests, following President Donald Trump's 10% tariff on Chinese imports, the report said.

The spokesperson told Yicai in a statement that Illumina is seeking solutions in its talk with authorities, the report said.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4121","symbol_name":"生命科学工具和服务","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2510002695","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2510002695","pubTimestamp":1739163421,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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