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From allowing companies to hold super-voting rights to letting key shareholders buy stock in IPOs, tech companies are lobbying Hong Kong Exchanges & Clearing Ltd. for changes or waivers that would help their businesses, according to people familiar with the matter. With intense competition from exchanges in New York and elsewhere to win listings, and many multibillion-dollar Chinese companies poised to go public, pressure is building on Hong Kong to maintain its position as a financial center. In one instance, Maoyan Entertainment threatened to walk away from Hong Kong if it couldn’t get permission for investor Tencent Holdings Ltd. to buy more shares in its IPO, said the people familiar with the matter, who asked to not be identified as they weren’t authorized to speak on the matter.
While electric vehicles are stealing the headlines, Detroit’s 3 giants are battling to get ahead in the highly-profitable heavy-duty truck segment
Want to participate in a short research study? Help shape the future of investing tools and receive a $20 prize! Today I will be providing a simple run through ofRead More...
Dish Network Stock Rises despite Q4 Subscriber Losses(Continued from Prior Part)Dish Network losing subscribers Dish Network (Dish) lost 334,000 net pay-TV subscribers in the fourth quarter compared to its gain of 39,000 subscribers in the previous
Key Updates from Amazon, eBay, and Alibaba(Continued from Prior Part)Metro operates dozens of retail stores in China Alibaba (BABA) is in talks to purchase a stake in the Chinese operations of German retailer Metro, according to a Reuters report
Sunoco's (SUN) array of fuel distribution and terminal acquisitions are expected to be highly accretive to its distributable cash flows.
Key Updates from Amazon, eBay, and Alibaba(Continued from Prior Part)Maneuver to bypass American regulators Alibaba’s (BABA) Ant Financial has confirmed its plans to acquire WorldFirst, a British money transfer and currency exchange firm, according
ROE helps investors distinguish profit-generating companies from profit burners and is useful in determining the financial health of a company.
Want to participate in a short research study? Help shape the future of investing tools and receive a $20 prize! Today we are going to look at Danaher Corporation (NYSE:DHR)Read More...