Chinese Stocks’ Discount Over Hong Kong Peers May Be Fading Fast
The premium Chinese stocks have over their Hong Kong listings has shrunk, driven by a potential dividend tax waiver for equities bought in the city through a China trading link.
The premium Chinese stocks have over their Hong Kong listings has shrunk, driven by a potential dividend tax waiver for equities bought in the city through a China trading link.
European stock futures and Asian shares gained after the latest jobs data supported the case for US interest-rate cuts.
Britain bounced back strongly from a recession, providing some relief for Prime Minister Rishi Sunak who has so far struggled to deliver on his promise to grow the economy.
Money managers are piling into the European Union’s bonds in anticipation of a major shift in their status that would open up the bloc’s debt to a bigger pool of investors.
Banco Bilbao Vizcaya Argentaria SA’s hostile takeover for Banco de Sabadell SA breaks the law, the smaller rival said, ratcheting up the heat in an increasingly bitter corporate battle.
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