Pandora Weighs Overhaul of Struggling China Operations Amid Prolonged Sales Slump
22 hL’Oréal Denies Reports of Hong Kong Office Closure and Mass Layoffs
YesterdayInsta360 Ramps Up Rivalry With DJI as Competition in Panoramic Camera Market Heats Up
When Insta360 went public with a 70x price-to-earnings ratio, it stunned investors and sparked a wave of attention toward niche imaging technologies. But the Shenzhen-based company has faced relentless pressure in 2024 as rivals DJI and Dreame moved into the panoramic camera market, putting Insta360’s leadership to the test.
YesterdayJensen Huang Said to Meet Trump Ahead of China Trip as Nvidia Cheered for Stock Surge
Huang is reportedly scheduled to visit Beijing where he'll meet with senior Chinese officials including the commerce minister. Trump posted Nvidia stock is "UP 47% SINCE TRUMP TARIFFS", suggested the inflation ease and the boom in tech stocks justify interest rate cuts by the Federal Reserve.
YesterdayJapan’s MUFG Eyes U.S. Growth in Securitization, Plans 25% Headcount Increase
YesterdayGoogle Set to Offer Deep Discounts on Cloud Services for U.S. Government: FT
YesterdayNissan Raises $4.5 Billion in Bond Sale to Refinance Debt
YesterdayCarrefour to Sell Nine Stores in France for Estimated €70 Million
YesterdayAgiBot Denies Hong Kong IPO Rumors Amid High-Profile Acquisition of STAR Market-Listed Firm
The acquisition of Shangwei New Materials marks a bold step into China’s capital markets. Some investors interpreted the move as a strategy to strengthen AgiBot’s presence in multi-tiered public markets and prepare for future listings. However, the company strongly denied the transaction constitutes a “backdoor listing.”
YesterdaySeven & i Reports Profit Beat on Strength of Overseas 7-Eleven Stores
Yesterday