Page 76 - Stk News Today

(Bloomberg) -- Electric-vehicle maker Xpeng Inc. is “following closely” the furor around U.S.-traded Chinese technology companies, although the threat of being forced to de-list from American exchanges remains “several years away,” according to President Brian Gu.

Chinese biotechnology firm Avistone Pharmaceuticals has raised over $200 million in a series A round led by Vivo Capital in one of the largest such deals for the sector.

S&P 500 index futures and European stocks rebounded from Friday’s selloff as investors took comfort in reports that cases of the omicron variant have been relatively mild.

Turkishjournal.com-Turkish Voice On internet

(Bloomberg) -- Tyme Pte., a Singapore-based digital-banking firm, raised $70 million in a funding round led by billionaire Pony Ma’s Tencent Holdings Ltd. to boost investment in South Africa and the Philippines.

The Bank of Thailand said commercial banks should avoid “direct involvement” in trading of digital assets, citing their high volatility and potential risks to financial and payment stability.

RWE risks falling behind in the fast growing and competitive renewables sector if it fails to quickly divest its brown coal activities, activist fund ENKRAFT said, criticising management for failing to come up with a rapid solution.

In the last trading session, 2.69 million CooTek (Cayman) Inc. (NYSE:CTK) shares changed hands as the company’s beta touched 0. With the company’s per share price at $0.58 changed hands at -$0.08 or -11.38% during last session, the market valuation stood at $44.39M. CTK’s last price was a disc

MTN Uganda shares rose 3% on Monday on its first day of trading on the Ugandan bourse after its initial public offering (IPO) to sell a stake in the company.

(Bloomberg) -- Goldman Sachs Group Inc. and Morgan Stanley are among institutional investors bidding to participate in the initial public offering of Indian digital-map provider MapmyIndia, according to people familiar with the matter.