Markets

CoStar Group Says In No Way Associated, Related Or Linked To Chinese Firm CoStar - Quick Facts

(RTTNews) - CoStar Group, Inc. (CSGP), the provider of commercial real estate information, issued a statement on Monday clarifying that it is in no way associated, related or linked to Chinese firm CoStar Group Co., Ltd., a company principally engaged in the research, development, design, manufacture, processing and sales of optical parts and components.

CoStar Group, Inc.'s clarification is a response to the Biden Administration's June 3, 2021 Executive Order expanding restrictions on American investments in 59 Chinese companies with alleged associations to the Chinese defense sector. Among the list of companies was Chinese firm, CoStar Group Co., Ltd.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

In This Story

CSGP

Latest Markets Videos

    RTTNews

    Founded in the late 1990s by Andrew Mariathasan in New York, with the goal of covering Wall Street for a new generation of investors, RTTNews has expanded steadily over the years to become a trusted provider of content for a wide array of subjects across several platforms. RTT's Financial Newswire is relied upon by some of the world's largest financial institutions, including banks, brokerages, trading platforms and financial exchanges.

    Learn More