Posts by Liam Redmond
Montage tops CATL as priciest dual-listed stock after chip rally
The gap underscores how strong demand is from global investors seeking semiconductor exposure in the region Published Thu, May 7, 2026 · 11:33 AM [HONG KONG] Montage Technology has overtaken Contemporary Amperex Technology (CATL) as the most expensive dual-listed stock in Hong Kong relative to its mainland shares, propelled by surging demand for AI chips.…
Read MoreHongkong Land shares jump 9.2% after report of possible Marina One bid
M+S, the owner of the high-rise complex, has reportedly priced the asset at about S$5.7 billion [SINGAPORE] Shares of Hongkong Land rose 9.2 per cent on Thursday (May 7), after a Bloomberg report that it and CapitaLand were among possible bidders for the Marina One high-rise complex. The counter closed at its intraday high of…
Read MoreJapan’s Nikkei roars past 62,000 on earnings, Middle East optimism; JGBs rally
Published Thu, May 7, 2026 · 10:17 AM [TOKYO] Japan’s Nikkei share average shot to a record high on Thursday (May 7) and the nation’s bonds rallied as financial markets reopened after holidays, catching up with optimism over strong technology earnings and signs of a potential peace deal in the Middle East. The benchmark Nikkei…
Read MoreYen spikes to 10-week high and sparks intervention chatter
Japan has 30-intervention firepower but will wait for better timing to save reserves Published Thu, May 7, 2026 · 09:57 AM [TOKYO] Sharp moves in the Japanese yen that sent the currency to a 10-week high renewed speculation that the country is intervening in the market. The yen surged about 1.8 per cent in the…
Read MoreKnicks claw past Joel Embiid-less 76ers in tense Game 2 victory
Without Joel Embiid on Wednesday night, the 76ers put up more of a fight than they did with him in Game 1. But that still wasn’t enough against these Knicks. Despite trailing at halftime, the Knicks prevailed with a 108-102 win in Game 2. Jalen Brunson celebrates hitting a 3-pointer during Game 2 against the…
Read MoreChina asks banks to pause new loans to US-sanctioned refiners
Tensions are escalating between the superpowers just weeks before a long-awaited meeting Published Thu, May 7, 2026 · 09:28 AM CHINA’S financial regulator advised the country’s largest lenders to temporarily suspend new loans to five refineries recently sanctioned by the US over their ties to Iranian oil, according to sources familiar with the matter. The…
Read MoreBYD, Tesla may face import caps as Canada works out China EV quota
Officials are now discussing whether to give various Chinese manufacturers a specific allocation within the 49,000 vehicles Published Thu, May 7, 2026 · 09:06 AM [OTTAWA] Canadian government officials are debating how to divide up the new low-tariff quota for Chinese-made electric vehicles, including whether to cap how much space each company can use. Prime…
Read MoreEx-UNC quarterback paints bleak picture of Bill Belichick-run program: ‘Felt like there’s no air’
Former University of North Carolina quarterback Gio Lopez provided a damming indictment of the Bill Belichick-led Tar Heels in a recent interview. Lopez, who was UNC’s starter in 2025, has transferred to ACC rival Wake Forest for the upcoming season, and speaking with Sports Illustrated this week, he revealed an unflattering picture of the North…
Read MoreLi Ka-shing plans more telecom sales in ‘cash is king’ strategy
Published Thu, May 7, 2026 · 08:52 AM [HONG KONG] CK Hutchison is considering further sales of telecommunication assets following the US$5.8 billion disposal of its UK mobile business, as it seeks to exit a sector that’s become increasingly competitive and expensive, according to sources familiar with the matter. The Hong Kong-based conglomerate founded by…
Read MoreStocks to watch: UOB, StarHub, Sats, AA Reit, Coliwoo, Avi-Tech Holdings
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Thursday (May 7): Source link
Read MoreAims Apac Reit H2 DPU rises 4.1% to S$0.0513 on higher rental, recoveries
Revenue is up 4.1% at S$97 million for the period, from S$93.1 million the year before [SINGAPORE] Aims Apac Real Estate Investment Trust (AA Reit) posted on Thursday (May 7) that its distribution per unit (DPU) rose 4.1 per cent to S$0.0513 for its second half ended Mar 31, from S$0.0493 the year before. Distributions…
Read MoreStarHub Q1 net profit tumbles 81.3% to S$5.9 million as consumer business slides across the board
Mobile segment subscriptions fall to 2.2 million, from 2.4 million in the year-ago period, amid softer roaming revenue [SINGAPORE] StarHub reported a net profit of S$5.9 million for its first quarter ended Mar 31, down 81.3 per cent from S$31.8 million in the year-ago period. Total revenue for the three months declined 6.1 per cent…
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