Hints and tips:
...Shares of Hong Kong-listed ZhongAn Online P&C Insurance trade at less than a third of the Vision Fund’s estimated purchase price before ZhongAn’s IPO in 2017....
...In the middle, the company has further debt at intermediate holding companies — such as “Altice Luxembourg”, an entity that sits above the company’s French and international businesses and has €6.2bn of...
...negative, including PLDT, Indofood and other new acquisitions....
...After a dearth of big deals this year, a major media deal has raised hopes of further large transactions on the horizon....
...The Buffett investment protégés behind his new tech bets. All this and more in #techFT , a daily newsletter on technology, media and telecoms. You can sign up here....
...Utilities, energy and telecoms stood out on Wall Street as investors sought high dividend paying companies after the June jobs report missed expectations....
...Top shareholdings: Resolute Forest Products; Dex Media; Cooper Tire & Rubber Company; IBM; Merck & Co; New York Times. Portfolio Value: $2.5bn....
...Winston Wen Yunsong, son of former premier Wen Jiabao, was among the earliest, launching the New Horizon investment fund in 2005....
...My job is to marshal our resources and to see what is coming next over the horizon.”...
...Telecoms companies were punished on fears of a price war among mobile network providers....
...Sectors expected to outperform next year are telecoms, personal and household goods, and insurance and retail. Those expected to underperform are sectors exposed to the weak dollar, such as carmakers....
...in the state-dominated life insurance business....
...Inmarsat, the satellite telecoms group, slipped 6.7 per to 304p despite news that hedge fund Lansdown Partners had upped its stake to 27.4m shares, around 5.4 per cent....
...MTFG was 0.4 per cent weaker at Y929,000 and Millea Holdings, the life insurance group, was 2.5 per cent weaker at Y1.54m....
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