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Gaming sector too strong : China media
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UK Considers Blocking Nvidia Takeover of Arm Over Security
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Alibaba (BABA) Q1 Earnings Preview - Insider Monkey
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Hong Kong: Growing geopolitical tensions and pulled initial public offerings have done little to damp the appetite of Western banks for Hong Kong and China.
Standard Chartered Plc Chief Executive Officer Bill Winters was the latest executive in recent weeks to signal a sweeping Chinese government crackdown and rising geopolitical tensions between China and the US won t derail his lender s focus and investment in the region. We don t see a structural or fundamental change in terms of the business opportunities for Standard Chartered, Winters said on a call with reporters Tuesday. Hong Kong s continuing role as a conduit into the Greater Bay Area mean the opportunities for us in corporate banking and wealth management will be very, very substantial.
Aug 4, 2021
The U.K. is considering blocking a takeover of Arm Ltd. by Nvidia Corp. due to potential risks to national security, according to people familiar with the discussions.
Nvidia, the biggest U.S. chip company by market capitalization, announced in September a $40 billion deal to acquire Arm from Japan’s SoftBank Group Corp., as part of a push to spread its reach in the surging market for semiconductors. SoftBank has been selling assets to raise cash for buybacks and fresh investments in startups.
In April, U.K. Culture Secretary Oliver Dowden asked the Competition and Markets Authority (CMA) to prepare a report on whether the deal could be deemed anti-competitive, along with a summary of any national security concerns raised by third parties.