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Hong Kong stocks in the robotics sector are gaining strength. UBTech Robotics Corp. has risen by nearly 10%.
13/05/2025
As of the submission of the article, U-bit has risen by 9.98%, Yuejiang has risen by 3.48%, and Suteng Juchuang has risen by 1.41%.
Latest
1 m ago
Bank of America survey: US dollar faces the biggest bear market in 19 years.
2 m ago
"SoftBank Vision Fund posts annual loss as investment returns plummet by 40%"
2 m ago
SoftBank Group's Vision Fund business announced on Tuesday that it recorded a loss in the fiscal year ending in March, indicating a continued slowdown in earnings for this tech investment giant. The financial report shows that SoftBank's Vision Fund achieved investment income of 434.9 billion yen (approximately $2.9 billion) in the current fiscal year, a significant decrease of 40% from the previous year's 724.3 billion yen. The fund as a whole reported a pre-tax loss of 115.02 billion yen (approximately $777.7 million), in stark contrast to the profit of 128.2 billion yen in the previous year. SoftBank's stock price has fallen approximately 17% year-to-date due to concerns about financial market volatility and the macroeconomic environment.
3 m ago
UBS Global Wealth Management: Downgrades US stocks to neutral.
3 m ago
UBS Global Wealth Management: Downgrades rating on US stocks to Neutral.
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