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...VinFast’s stock has a free float of less than 1 per cent, meaning a small amount of shares are available to be publicly traded — part of the reason for the huge swings in valuation....
...The Internet of (Five) Things 1....
...Read more The Internet of (Five) Things 1. Intel’s $9bn memory dealIntel, which reports earnings on Thursday, is selling a non-core memory chip business to Korea’s SK Hynix for $9bn....
...low as Samsung Electronics and SK Hynix fell 2.3 per cent and 4.7 per cent respectively....
...More broadly on Wall Street, the S&P 500 edged up 0.1 per cent to 2,560....
...South Korean competitor SK Hynix, part of the winning consortium with Apple, trades at about three times....
...Started as an NGO in 1997, the lender now has a market cap of $1.2bn and has a nationwide presence....
...The US dollar index, which usually follows an inverse correlation to broader market optimism, fell 1.4 per cent, helping gold to rally $47 to $1,598 a troy ounce....
...The growth of Bharti Airtel, Idea Cellular, infrastructure group GMR and SKS Microfinance enjoyed considerable support from mainly foreign private equity investors....
...Hicks is paying an undisclosed sum to buy Ocular, a producer of liquid crystal displays. Although Ocular’s main manufacturing plant is in China, Hicks is not really straying from his home turf....
...Seoul hit a fresh seven-week high as SK Telecom extended a recent advance following its purchase of a local music provider. The composite index rose 0.1 per cent to 970.21....
...According to CSFB, Mr Chey's departure would be “the highest value option”, valuing SK's net assets at KRW 84,087 per share....
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