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Trip.com shares surge in HK trading debut - Vimarsana News

Trip.com shares surge in HK trading debut

Trip.com shares surge in HK trading debut By He Wei in Shanghai | chinadaily.com.cn | Updated: 2021-04-19 14:53 Visitors check information brochures at the Trip.com Group stand during an expo in Beijing. [Photo/China Daily] Shares of Trip.com Group Ltd surged over 4 percent in the first minutes of its Hong Kong trading debut on Monday, as the Chinese online travel site bets on a rebound in global travel when the COVID-19 pandemic subsides. Trip.com, which first listed in Nasdaq in 2003, has priced its secondary listing in Hong Kong at HK$268 ($34.50), and lo...

GameStop, Tesla and bitcoin are part of the microbubble economy — Quartz - Vimarsana News

GameStop, Tesla and bitcoin are part of the microbubble economy — Quartz

March 9, 2021 With everything from bitcoin to IPOs so perky, many have asked whether a financial bubble is underway. The answer may very well be yes, but with a nuance: Some experts think there are a series of microbubbles gurgling up rather than a single immense boom. Strategists at JPMorgan have noted pockets of bubble-like excesses in certain areas, like renewable energy firms, crypto assets, and electric vehicles, but no major asset classes tick all the boxes. Likewise Saxo Bank’s head of equity strategy listed 40 stocks—mainly focused on biotechnology, software, media, and gaming—t...

Source: qz.com