Hong Kong’s modern history is a remarkable story: a leasehold on a rock by a colonial empire from a vast and rising power; a lease whose expiry was honoured, creating a strange, unintended and successful experimental outcome. For more than a century, and even since its return from British to Chinese sovereignty in 1997, Hong Kong has combined access to the vast population, business opportunity and culture of China, with British ease of business and the rule of law. Hong Kong grew, and ...
U.S. stock markets are near an all-time high and fear, as measured by the VIX, is extremely low. Institutional investors understand the relationship between investor fear and stock price trends. In fact, investor sentiment plays a significant role in the investment decisions of many professionals. In this article we’ll discuss stock market volatility and the influence it has on the direction of stock prices. The VIX The VIX is an acronym for the Chicago Board ...
Taking the long view, 2014 hasn’t been the most eventful year for stocks. Sure the momentum stock swings have made for plenty of good headlines, but with four months left until 2015 the broader market has grinded its way higher without any significant correction. That has left many investors lamenting the lack of good buying opportunities, even as market watchers keep bracing for a long-awaited correction. At its worst, an intraday low ...
Alibaba Group Holdings plans to price one of the largest initial public offerings ever this Thursday (September 18th, 2014) on the New York Stock Exchange. The IPO could raise over $25 billion dollars for Alibaba, its investors and founders. Alibaba is at its very essence a Chinese company, run by a Chinese management team, with Chinese customers, and the overwhelming majority of its revenue coming from business in China. To really understand the prospects of Alibaba, understanding the nuances ...
Twitter taps the debt markets, announces convertible bond offering. Friday morning Twitter TWTR -1.01% said it raised $1.8 billion in the convertible bond offering it announced earlier in the week, up from the $1.3 billion it planned to raise as the deal met with robust demand. The five-year tranche of the offering, with notes due in 2019, carried a 0.25% interest rate, while the seven-year 2021 notes bear 1% interest, payable semi-annually ...