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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.
How Top Telecommunications Stocks Are Faring in February(Continued from Prior Part)Analysts’ recommendations T-Mobile (TMUS) stock offers a potential upside of ~15.0% going forward compared to its current market price of $70.50. Wall Street
How Top Telecommunications Stocks Are Faring in February(Continued from Prior Part)Analysts’ recommendations AT&T (T) stock offers a potential upside of ~13.3% going forward compared to its current market price of $29.79. Wall Street analysts
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
How CenturyLink Fared in the Fourth Quarter(Continued from Prior Part)Analysts on CenturyLink stock Of the 16 Reuters-surveyed analysts covering CenturyLink (CTL) stock on February 13, 31% recommended a “buy,” 31% recommended a “sell,” and
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
Citigroup's (C) chief executive officer (CEO) - Michael Corbat - receives about 4.35% pay hike in total compensation package to $24 million for 2018.
How Top Telecommunications Stocks Are Faring in FebruaryAnalysts’ recommendations Verizon (VZ) stock offers a potential upside of ~9.5% going forward compared to its current market price of $54.03. Wall Street analysts have given Verizon a mean