The driving force behind their evaluation and as we all know, almost all of these companies are having terrible evaluations right now. With not having a lot of positive sentiment coming from us investors, the companies obviously are trying to figure out how to appeal to a new set of investors that can offer a better valuation or recognise better valuation. So obviously asia based investors understand the company better, they understand china better. They are less worried about the environment in china in general again, more from a political and trade perspective as opposed to the economy, certainly the economy in china is not great. But to those investors buying in hong kong, there s not enough buying power, not enough ability to change the valuation relative to this big anchor, which is the adr positions. So, upgrading it to a dual primary gives it the ability, for first of all for money to come in from the mainland through the connects and various channels like that, and then, the ho
Evaluations right now. With not having a lot of positive sentiment coming from us investors, the companies obviously are trying to figure out how to appeal to a new set of investors that can offer a better valuation or recognise better valuation. So obviously asia based investors understand the company better, they understand china better. They are less worried about the environment in china in general again, more from a political and trade perspective as opposed to the economy, certainly the economy in china is not great. But to those investors buying in hong kong, there s not enough buying power, not enough ability to change the valuation relative to this big anchor, which is the adr positions. So, upgrading it to a dual primary gives it the ability, for first of all for money to come in from the mainland through the connects and various channels like that, and then, the hong kong traded stock can start influencing the us adrs rather than vice versa. What are the main challenges they
Good afternoon, and welcome to the bbc news at one. The Prime Minister says the governments first budget in october will be painful. Sir keir starmer was speaking in the rose garden at Downing Street ahead of parliaments return next week. He said labour had inherited an economic and societal black hole, but the conservatives called the Speech A Distraction from the promises he had no intention of keeping. Our Political Correspondent Hannah Miller reports. On Hannah Miller reports. A Beautiful Day in the down street on a Beautiful Day in the Downing Street garden, the Prime Ministers message was not so sunny. Looking ahead to the autumn and signalling unpopular announcements to come. There is a budget coming in october. It is going to be painful. We have no other choice, given the situation we are in. Those with the broadest shoulders should bear the heavy a burden. I will have to turn to the country and make big asks of you as well. He country and make big asks of you as well. ,. ,. ,.
October seven last year in that 0ctober seven last year in that cross border raid by hamas. In terms of the operation to get them out, the Israeli Military have said it was a joint operation between Special Forces from the army and also members of israels intelligence service. They said they were acting on intelligence and he was found in a tunnel. He is now backin was found in a tunnel. He is now back in israel, he is in hospital and surrounded by his family and said to be in good health. John there in jerusalem, said to be in good health. John there injerusalem, thank you for that update and plenty more on that story you were seeing come of the first pictures of that Freedom Hostage talking to israels Prime Minister a little earlier. So those are some of the latest pictures and some of the latest detail. Now as promised, for the latest sports news lets cross to sarah. Lets start with the Us Open Tennis where four british players begin their campaigns today. Womens number one Katie Bo
The Prime Minister has warned that the budget this october will be painful, in his first major speech from no 10 since becoming Prime Minister. Speaking in the rose garden, he said his government had inherited a black hole in the public finances, of £22 billion. Those with the broadest shoulders should bear the heaviest burden, he cautioned, but he also said there would be big asks of everyone. The conservatives responded by saying the speech was an indication that labour had been planning tax rises all along. Vicki young has our top story. Blue skies and sunshine, but the Prime Minister didnt come here to paint a rosy picture. He has accused the conservatives of wrecking the economy, leaving him to put it right. There is a budget coming in october. And it is going to be painful. We have no other choice, given the situation that we are in. Those with the broadest shoulders should bear the heavier burden. I will have to turn to the country, and make big asks of you as well. Its already