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TPG (TPG.O) stock rose more than 12 percent in its first day on the stock market on Thursday, valuing the 30-year-old private equity organization at more over $10 billion. TPG went public to take advantage of a pandemic-driven spike in buyout industry profitability. The private equity firm, which was co-founded by billionaire David Bonderman and …

Private Equity Firm TPG Hits $10 Billion Valuation In Strong Market Debut Read More »

The Macau government announced that the total of new casino firms allowed to run in the world’s largest gaming destination will be restricted to six, with a 10-year operating duration. The statement, which has been eagerly anticipated by casino operators, investors, and observers, puts to rest fears that the government will alter the number of …

Macau Restricts Licenses To Only Six Casino Operators Read More »

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 »