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07/08/2025
Disney's US stocks fell more than 2% in pre-market trading.
Latest
2 m ago
The State Administration for Market Regulation unconditionally approves Haide Group's acquisition of Dehai Biotechnology.
3 m ago
A university survey in Thailand shows that the consumer confidence index in July was 51.7, down from 52.7 in June.
3 m ago
New World Development's stocks and dollar bonds have achieved the largest increase in several months. Reports have stated that the company and its controlling family are in negotiations for a potential financing deal worth up to $2.5 billion. New World Development's stock price in Hong Kong rose by 16% at one point, marking the largest increase in five months, but later retracted some of the gains. Credit traders have mentioned that some of New World Development's dollar bonds increased by approximately 2 cents for every $1 face value. Data shows that the company's bonds due in 2030 with a coupon rate of 4.5% are priced at around 53 cents, potentially marking the largest increase in two months. Octus reported on Wednesday evening that New World Development and the Cheng family behind it are in talks with Blackstone Group for a potential financing deal that may include preferred or common stocks, ultimately leading to a privatization offer jointly proposed by the Cheng family and Blackstone Group.
3 m ago
New World Development shares and bonds rise together. It is reported that the company and the Cheng family are in talks with Blackstone Group regarding financing deals.
3 m ago
According to the AI Express of Every Daily Economic News, Dongwu Securities issued a research report on August 7, giving a buy rating to Neway Valve Co., Ltd. (603699.SH). The main reasons for the rating include: 1) Q2 net profit attributable to parent company increased by 28% year-on-year, exceeding expectations, with stable and strong profit growth; 2) Full order book + diversification + globalization logic remains unchanged, optimistic about the growth potential of the valve industry leader; 3) the 2025 stock incentive plan has been implemented, motivating the team's enthusiasm.
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