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...The CSI 300 index of Shanghai- and Shenzhen-listed stocks is down nearly 40 per cent from a peak in February 2021....
...Nomura Asset Management, Vanguard and BlackRock are all major shareholders, and Elliott’s stake is at least 2.5 per cent, according to people familiar with the situation....
...Browns and Finlays agreed to offer 15 per cent of shares for public sale in the company through a local co-operative....
...Shares of Honda are up 60 per cent while Nissan is up a quarter. For now, Japanese automakers still have a stranglehold on the local market, with a combined share of more than 90 per cent....
...Over 10 years it has delivered a total return of 46.5 per cent compared with its peer group average of 32.5 per cent, according to Citywire....
...Shares in Honda rose 1.7 per cent while Nissan jumped 3.2 per cent ahead of Friday’s announcement....
...The processors that power AI servers were expected to account for more than 20 per cent of its revenue by 2028, up from under 15 per cent this year, TSMC said....
...Nissan and Honda began talks in January, and the scope of their co-operation includes software, core EV components and auto-intelligence technology....
Even the IMF underestimates the industry’s heft, according to JPMorgan
...Samsung, which launched its latest flagship Galaxy S24 phone in January, had a 23 per cent share after shipments fell just under 1 per cent year on year to 60.1mn....
...The IOC stresses that it redistributes 90 per cent of its income to national Olympic committees, international sports federations and hosts. Others are second-guessing Coe’s next move....
...The Biden administration aims to increase domestic production of advanced chips from zero to 20 per cent of the world’s supply by the end of the decade, amid concerns that they could be cut off by a natural...
...GIP owns 20.6 per cent and a consortium formed by CVC Capital has 20.7 per cent....
...The bank’s profits rose 28 per cent in the first quarter, buoyed by its hallmark trading business....
...Its shares are down 99 per cent from the 2021 peak, in line with declines in shares of parent China Evergrande and subsidiary Evergrande Property Services Group....
.... ★★★★★ lso.co.uk English music is also to the fore at the London Philharmonic Orchestra with Edward Gardner as principal conductor....
...Nintendo shares are up 60 per cent in the past year. At 30 times forward earnings, Nintendo trades at a premium to global gaming rivals....
...BYD’s mainland-listed shares are up 14 per cent this year, reflecting improving margins over the past two years, with gross margins at 19 per cent....
...Meanwhile, 30 per cent will go to a private company that will maintain a separate board and where its co-founders who have exited will continue to have a role, some of the people said....
...Samsung and LG declined to comment on their co-operation....
...My concern is less that this ecosystem is risky now, per se. It is more how it will interact with other parts of the market during a period of stress....
...While the number of international flights recovered to about 70 per cent of 2019 levels as of this month, flights to the US remained at just 18 per cent, said HSBC analysts....
Experiential art gets new support; Hong Kong sales reflect downbeat market; Government Art Collection to buy at London Gallery Weekend
...by as much as 28 per cent....
...“Macau is doing amazingly well,” said Bill Hornbuckle, co-chair of MGM China, which last month reported its highest quarterly adjusted earnings before interest, tax, depreciation and amortisation, on an...
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