Yangzijiang Shipbuilding (SGX:BS6) has announced that it is exploring the possibility of spinning off its investment segment, with the intention of separating its core shipyard business segment from its investment segment. With the shipyard segment securing the largest order in history for 124 vessels worth US$7.41 billion in 2021 and carrying a sizeable order book … Read more
It has been a roller coaster ride for many investors of the China stock market. Government crackdowns have caused many of China’s stock prices to drop, even with no fundamental change to the companies. Regardless of all the unfortunate news, SenseTime decided to proceed with filing for an IPO on the Hong Kong Stock Exchange … Read more
(first published on 20 May 2020, updated 6 Dec 2021) The world is producing and consuming more data with each passing day. While we can’t really see data, they do need to ‘live’ somewhere. No, they don’t live in the clouds. They live in storage devices, servers and data centres. These are their physical manifestations. … Read more
Tan Ming-Liang and Lim Kailing are offering HK$2.82 per share in a bid to delist Razer. Razer was listed in 2017 at an IPO price of HK$3.88. Their offer price will not go well with some shareholders who have bought at higher prices. The insiders shouldn’t be blamed since the market determines the share prices. … Read more
The moment I heard the news about Grab’s SPAC merger with AGC, I took a nibble. Held throughout negotiations and saw a brief period of gains but I didn’t take profit as I’m in this for the long haul. They finally debut on Nasdaq on 3rd Dec 2021 after a record $40b deal with Altimeter … Read more