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CNBC Closing Bell February 21, 2018 - Vimarsana News

CNBC Closing Bell February 21, 2018

Back again, but well confirm or deny it later here yeah. The dows gains up 138now, and still across the board, half a percent higher, russell up more than 1 . Bob has more on Market Reaction, and kayla is in washington with the highlights from the med fins, fin minutes. They acknowledged stronger growth than previously forecasted, but said its policy of gradual rate hikes would sustain the growth saying that strategy remained, quote, appropriate. One reason for the stronger Growth Outlook was the enactment of tax reform. Minutes note uncertainty among several members about whether the Corporat...

More Chinese tech convertibles may follow Alibaba, JD.com sales - Vimarsana News

More Chinese tech convertibles may follow Alibaba, JD.com sales

More Chinese technology companies might turn to convertible bonds, after Alibaba Group Holding and JD.com raised a combined US$6.5 billion through such notes.

Alibaba, JD.com convertible bond sales may spur other Chinese internet giants - Vimarsana News

Alibaba, JD.com convertible bond sales may spur other Chinese internet giants

Meituan, Tencent, NetEase and PDD Holdings are potential candidates to sell convertibles, according to UOB Kay Hian analyst Julia Pan.

Source: scmp.com
Tencent game threat seen overdone in NetEase's $8B selloff - Vimarsana News

Tencent game threat seen overdone in NetEase's $8B selloff

THE $8-billion wipeout in NetEase Inc.’s market value over the past three weeks on concerns of competition from a new Tencent Holdings Ltd. game ignores the company’s strong market position in China. Bulls believe that NetEase will rebound, thanks to the massive popularity of its Eggy Party, as well as…

Tencent tries to recover from $200bn antitrust slide - Vimarsana News

Tencent tries to recover from $200bn antitrust slide

MONEYWEB app instead? Setting out to prove it’s best placed to weather a storm of antitrust scrutiny. By Bloomberg News 20 May 2021  09:40  Image: Qilai Shen/Bloomberg Tencent is setting out to prove it’s best placed to weather a storm of antitrust scrutiny that’s wiped about $200 billion off the value of China’s largest company in a span of months. Its results on Thursday should affirm the resilience of the world’s largest game-publishing business as the pandemic recedes, now buttressed by growth in newer arenas such as fintech and the cloud. Yet it’s stru...