
Tencent’s $225 Billion Rally Triggers Frenzy in Shares, Options
Hong Kong’s equity traders can’t get enough of Tencent Holdings Ltd., the $926-billion giant that’s on pace for its biggest ever monthly gain.
Hong Kong’s equity traders can’t get enough of Tencent Holdings Ltd., the $926-billion giant that’s on pace for its biggest ever monthly gain.
Corners of the U.S. equity universe are showing signs of froth, but that shouldn’t put the broader market at risk, according to Goldman Sachs Group Inc.
Cryptocurrency enthusiasts counting on Bitcoin to bounce back above the $40,000 level face a challenge due to faltering demand for the biggest fund tracking the digital asset, according to JPMorgan Chase & Co.
Toshiba Corp.’s shares surged the most in three years after the company said it will return to the first section of the Tokyo and Nagoya stock exchanges following an extended absence.
South Korea probably ended 2020 with less economic scarring than its developed peers and comparable income levels, as exports helped drive a recovery even with multiple waves of the coronavirus making consumers reluctant to spend.
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