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Home > Latest

Sinolink International (00732.HK) spent HKD 627,700 on repurchasing 634,000 shares on May 21st.

date
21/05/2025
The financial news app Interfax reports that ChinaUnicom International (00732.HK) announced, on May 21, 2025, the repurchase of 634,000 shares at a cost of 627,700 Hong Kong dollars.
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Barclays analysts said in a report that the US dollar may continue to fall in the near future, but the decline may be limited due to the relatively resilient US economy. Fluctuations in the bond market are creating an unfavorable environment for the dollar, and mistakes in US trade policy, changing rhetoric around tariffs, or weak data could further weaken the dollar. However, analysts predict that the dollar will not depreciate significantly. They said that the recent de-escalation of tariffs means that the economic losses for the US may be smaller than feared. In addition to concerns about the US budget deficit in the short term, Trump's fiscal stimulus plan is more likely to strengthen the dollar than choosing fiscal austerity.
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