Bloomberg Markets
Three offerings closed on Monday, while four more firms have announced IPO schedules.
Financial Times
SK Hynix and Samsung shares slide and trading halt triggered on South Korea’s Kospi
Bloomberg Markets
Zhongji Innolight Co. raised HK$53.4 billion ($6.8 billion) after pricing its Hong Kong listing below the maximum offered in one of the city’s biggest first-time share sale in seven years.
NY Times Business
The company’s new owner, Byron Allen, is cutting roughly 180 employees as he looks to reduce its financial losses.
Bloomberg Markets
Japanese and South Korean stocks slid, led by semiconductor shares, as concerns over Nvidia Corp.’s blockbuster AI supply deal and intensifying competition from Chinese chipmakers weighed on investor sentiment.
Bloomberg Markets
South Korean stocks plunged, dragged by the nation’s memory chipmaking powerhouses as investor sentiment continues to worsen on the artificial intelligence boom.
Yahoo Finance
Yahoo Finance
Bloomberg Markets
A Chinese province better known globally for its stunning mountain landscapes than its technology investments has this week joined the ranks of the biggest winners from the artificial intelligence boom.
Financial Times
President aims to court voters in industrial heartland as his support flags ahead of November midterms
Yahoo Finance