Brief: Youdao Provides Update On Status Under Holding Foreign Companies Accountable Act

Youdao

05/05/2022 14:05

May 5 (Reuters) - Youdao Inc  DAO.N :
    * YOUDAO PROVIDES UPDATE ON STATUS UNDER HOLDING FOREIGN
COMPANIES
ACCOUNTABLE ACT
    * YOUDAO INC - COMPANY'S ADSS, EACH OF WHICH REPRESENTS ONE
CLASS
A ORDINARY SHARE, CONTINUE TO TRADE UNINTERRUPTED ON NEW YORK
STOCK EXCHANGE
    * YOUDAO INC - WILL CONTINUE TO MONITOR MARKET DEVELOPMENTS
AND
EVALUATE ALL STRATEGIC OPTIONS
    * YOUDAO INC - NOTES THAT UPDATE HAS NO IMPACT ON ITS
BUSINESS
OPERATIONS

Source text for Eikon:  ID:nPn2DFzH5a 
Further company coverage:  DAO.N