Will Smith

Sunac China Holdings Ltd (1918.HK), a Chinese property developer, announced on Thursday that it planned to sell shares to raise HK$4.52 billion ($580.09 million) for debt repayment and general corporate reasons. Sunac China Holdings Ltd. (1918.HK), China’s third-largest developer, raised $580 million in a top-up share offer on Wednesday, following a liquidity issue that caused …

Chinese Developer Sunac Plans To Sell $580 Million In Shares To Pay Debts Read More »

On Monday, Apple Inc (AAPL.O) became the first organisation to achieve a stock market value of $3 trillion, before closing the day a centimetre below that figure, as shareholders bet the technology giant will keep going to launch finest new products while discovering new industries such as electric cars and virtual reality technology. Apple’s share price hit …

Apple’s Market Capitalization Has Surpassed $3 Trillion. Becomes The First Company To Reach The Goal Read More »

Fresh concerns regarding the health of China’s real estate market weighed on investor emotion on the first trading day of 2022, after the city’s stocks had posted the worst results of any significant international market the previous year. By the midday pause on Monday, the Hang Seng index (.HSI) had dropped 144.98 points, or 0.62 …

Hong Kong Stocks Are Expected To Fall In 2022 As A Result Of Mainland Property Troubles Read More »

After a rough initial public offering that was postponed by concerns about new US restrictions, Chinese artificial intelligence behemoth SenseTime Group Inc. soared on its first day of trading in Hong Kong. In the city’s final big bounce of the year, SenseTime Group (0020.HK) stocks soared as much as 23 percent from their IPO price …

SenseTime Shares Rise 23% In Its Hong Kong Market Debut Read More »

After a choppy start on Wall Street, Asian stocks dipped on Wednesday as investors rebalanced their holdings for the next year and struggled with rising Omicron coronavirus outbreaks around the world. Following tumultuous U.S. trade, MSCI’s broadest index of Asia-Pacific shares beyond Japan (.MIAPJ0000PUS) fell 0.25 percent after multiple sessions of rising. Hong Kong (.HSI) …

Asia Stocks Falls Slip As Investors Prepare For The End Of 2021 While The Dollar Inches Up Read More »