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04/07/2025
Fed's Bostic: If the job market starts to deteriorate, with an increase in unemployment rate or company plans for layoffs, this situation will have to be monitored closely.
Latest
3 m ago
On July 4th, Alibaba announced in the Hong Kong Stock Exchange that the total principal amount of the private placement of zero-coupon convertible bonds due in 2032 will be priced with reference to the common stock of Ali Health listed on the Hong Kong Stock Exchange. The bonds will be offered offshore to several non-U.S. persons. The issuance of the bonds is expected to be completed on July 9, 2025, subject to customary closing conditions. The initial exchange ratio for the bonds is approximately 160,513.6 shares of Ali Health stock for every HK$1,000,000 principal amount of bonds, equivalent to an initial exchange price of HK$6.23 per share of Ali Health stock. Based on the initial exchange price and assuming all bonds are exchanged for Ali Health shares, the initial exchange property of the bonds will represent up to approximately 12% of the issued share capital of Ali Health as of May 31, 2025.
3 m ago
Alibaba announces the pricing of HK$12.023 billion interest-free convertible bonds issue.
5 m ago
Revive Asia (00274): The Chinese name of the auditor has been changed to "Rong Cheng (Hong Kong) Certified Public Accountants Limited"
7 m ago
Spot gold prices touched $3330 per ounce, rising 0.14% during the day.
8 m ago
China Federation of Logistics and Purchasing: China's road logistics price index for June rose by 2.9% year-on-year to 105.1 points.
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