Top 5 Falling Chinese Tech Stocks

2. Powerbridge Technologies Co., Ltd. (NASDAQ:PBTS)                      

Share price performance for the past 2 years: -99.4%

Number of Hedge Fund holders: N/A

Powerbridge Technologies Co., Ltd. (NASDAQ:PBTS) delivers software applications and technological solutions in China as its main focus. The company’s offerings, known as Powerbridge Digital Solutions, include Trade Enterprise, Trade Compliance, Import & Export Loan, and Insurance Processing. These solutions aim to assist customers in optimizing their trade activities, trade logistics, and adherence to regulatory requirements. 

The services being provided are practical and rational, such as handling import and export documentation processing, for example. However, these are generally not highly profitable ventures and unlikely to be the foundation of a highly lucrative business. This has contributed to a very slow revenue growth and a steep decline in the two year stock performance.

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