Tag: stock
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Fast-fashion giant Shein set to open flat in Hong Kong market debut
HONG KONG, Sept 1 : Shares in fast fashion giant Shein were set open flat in their Hong Kong market debut on Tuesday, hurt by numerous setbacks that have long delayed its listing and undermined the foundations of its business.Known globally for selling $5 tops and $10 dresses, Shein has been humbled by tariff
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Can cut-price Shein shine in its long-awaited stock market debut?
The firm’s Hong Kong listing comes after a years-long quest to list in New York and London.
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From euphoria to despair, Korea reckons with stock mania’s emotional toll
SEOUL, Aug 21 : It was a vision to give South Korea a stock market that reflected its true economic dynamism, by shedding regulatory taboos and encouraging bolder bets – instead, it created an investor trauma that could take years to shake.The 30 per cent decline in the KOSPI benchmark since its June 19 peak
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SK Hynix workers to get 60% of this year’s bonuses in stock rather than all cash
SEOUL, Aug 20 : Chipmaker SK Hynix said on Thursday it has reached a tentative wage deal with its South Korean workers that will see them receive at least 60 per cent of this year’s bonuses in company stock rather than the all-cash payout they received last year.The AI boom has sent SK Hynix’s earnings…
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‘I lost $14,000 in a month’: Investors hit by Korean stock market’s wild swings
Some traders are reeling from heavy losses after a brutal correction in South Korea’s stock market.
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Ackman unveils six new investments including Netflix, Visa, Mastercard in biggest portfolio overhaul in years
NEW YORK, Aug 13 : Bill Ackman unveiled six new holdings including Netflix, Visa and Mastercard, marking the billionaire investor’s biggest portfolio overhaul in years.Ackman said on Thursday he acquired shares starting in the second quarter that will be held in his investment funds including his newest offer
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SpaceX stock climbs as shares available for trading more than double
Aug 6 : SpaceX stock rose in heavy trading on Thursday, as the number of shares available for public trading more than doubled following the expiry of the first of several lockup restrictions.The internet and rocket company’s stock was up 1.4 per cent at $109.86, with over $23 billion worth of the shares exch
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SpaceX is down nearly 40% ahead of Tuesday’s earnings—how to decide to buy stock dips, according to pros
Buying a dip in the stock market is generally considered smart for long-term investors. Following the same playbook for individual stocks is more complex.
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South Korean shares soar after chip stock rout
It comes after a three-day rout that wiped hundreds of billions of dollars off the value of the country’s stock market.
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Anthropic mulls mandatory employee stock trading plans after IPO, The Information reports
(Corrects to remove extraneous word in Bullet 1)July 23 : Anthropic is considering requiring rank-and-file employees to sell stock through preset trading plans after it goes public to avoid insider-trading concerns, The Information reported on Thursday, citing people familiar with the matter.The Claud
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