Apollo Future Mobility to Vote May 6 on HK$163 Million Share Sale
Apollo Future Mobility Group's (HKG:0860) shareholders will meet on May 6 to vote on the firm's proposal to sell 445,652,177 shares to nine subscribers at HK$0.46 apiece, according to a Wednesday fili
Maybe America's economic boom is due to interest rate hikes? Traditional economics is facing serious challenges
As the US economy grew month after month, hundreds of thousands of jobs were created. Experts warning of an impending recession were perplexed, and some Wall Streeters began to accept a marginal economic theory. They are wondering if it is possible that all of these interest rate hikes in the past two years have actually boosted the economy. In other words, it is not “the economy is still booming despite rising interest rates”; the real situation is probably “the economy is booming precisely because interest rates have risen.” The idea was so radical that it was almost heretical in mainstream academia and finance. Only Turkey's populist President Recep Tayyip Erdogan is now
APOLLO Travel (00860) announced annual results with losses attributable to shareholders of HK$861 million
APOLLO Travel (00860) announced its annual results for the year ended December 31, 2023, and the group achieved...
APOLLO FMG: ANNUAL RESULTS ANNOUNCEMENT FOR THE YEAR ENDED 31 DECEMBER 2023
Apollo to buy $8 billion preferential guaranteed financing facility from UBS
According to the announcement, UBS and Apollo reached an investment management and transition service agreement as the final step in the pre-spin-off of the Credit Suisse securitization products business Atlas SP. As part of the agreement, Apollo will purchase $8 billion of preferential guaranteed financing instruments from UBS.
Apollo Future Mobility Expects to Swing to Loss for 2023 >0860.HK
Apollo Future Mobility Expects to Swing to Loss for 2023 >0860.HK
APOLLO Travel (00860) is forecasting a comprehensive loss of HK$700 million to HK$1.1 billion in 2023
APOLLO Travel (00860) issued an announcement. The Group's expectations and 15 as of December 31, 2022...
APOLLO FMG: PROFIT WARNING
Apollo Future Mobility Group to Issue 445 Million Subscription Shares; Stock Price Rise Nearly 22%
Apollo Future Mobility Group (HKG:0860) agreed to allot and issue approximately 445 million new shares for a price of HK$0.46 per subscription share to multiple subscribers, according to a Monday Hong
The Hang Seng Index closed up 0.10%, and auto stocks rose, and Xiaopeng Motors (09868) rose 7.14%
Jinwu Financial News | The three major indices of Hong Kong stocks rose sharply. By the close, the Hang Seng Index rose 0.10%, the State-owned Enterprises Index rose 0.48%, and the Hang Seng Technology Index rose 1.25%. Among blue chip stocks, JD Health (06618) rose 6.62%, China Resources Beer (00291) rose 4.55%, Ali Health (00241) rose 4.46%, Pharmaceutical Kangde (02359) rose 4.27%, and Shunyu Optical Technology (02382) fell 3.59%; in terms of decline, Ideal Auto (02015), Longhu Group (00960) fell 4.55%, and Hengji Real Estate (0)
APOLLO Travel plans to discount about 9.80% and issue a total of 446 million subscribed shares
APOLLO Travel (00860) announced that on March 15, 2024, the company signed separate subscription agreements with these subscribers. The company has agreed to allocate and issue conditions, and these subscribers have agreed to subscribe for a total of 446 million subscribed shares. The subscription price is HK$0.46 per subscribed share. Assuming that there is no change in the issued share capital of the company from the date of this announcement until completion (except for the issuer of the subscription matter), a total of 446 million subscribed shares pre-allotted and issued in accordance with the subscription matters account for about 43.5 of the total number of issued shares expanded through allotment and issuance of subscription shares immediately after completion
APOLLO Travel (00860) plans to discount about 9.80% by issuing a total of 446 million subscription shares to raise a net of about HK$163 million
According to Zhitong Finance App, APOLLO Travel (00860) issued an announcement. On March 15, 2024, the company signed separate subscription agreements with these subscribers. The company has agreed to allocate and issue conditions, and these subscribers have agreed to subscribe for a total of 446 million subscription shares. The subscription price is HK$0.46 per subscription share. Assuming that there is no change in the issued share capital of the company from the date of this announcement until completion (except for the issuer of the subscription matter), a total of 446 million subscribed shares pre-allotted and issued in accordance with the subscription matters account for the issued shares expanded through allotment and issuance of subscription shares immediately after completion
Apollo Travel (00860.HK) will hold a board meeting on March 28 to approve annual results
Glonghui March 14 | Apollo Travel (00860.HK) announced that the company will hold a board meeting on March 28, 2024 to approve the announcement of the company and its subsidiaries's annual results for the year ended 31 December 2023 and consider payment of a final dividend (if any).
APOLLO FMG: DATE OF BOARD MEETING
Ultraman was revealed to be worth over 2 billion US dollars, but it has nothing to do with OpenAI
Sam Altman (Sam Altman) has become the face of the artificial intelligence boom due to his role as CEO of OpenAI. But his wealth goes far beyond the startup behind ChatGPT. According to the data, the 38-year-old billionaire is worth at least 2 billion US dollars, but this figure does not include OpenAI's shares. The company's latest valuation is 86 billion US dollars. Ultraman has stated many times that he does not own shares in OpenAI. Most of his wealth is in venture capital institutions and startup investment projects. His net worth is expected to grow substantially over the next few months, which is
Overnight news: Musk sues OpenAI and its CEO, says the company no longer uses profit as the first intention and the Federal Reserve no longer publishes a semi-annual monetary policy report
For more global financial information, please follow the 7×24 hour real-time financial news market closing: the S&P and NASDAQ reached a new high, the S&P 500 index closed above 5,100 points for the first time. Popular Chinese securities rose more than 5% on Friday, and US WTI crude oil closed 2.2% higher on Friday, signs that the crude oil market supply is tight, New York gold futures closed 2% higher on Friday. The market expects the Federal Reserve to cut interest rates in June, European stocks closed 0.33% Macro The Federal Reserve released a semi-annual monetary policy report Barkin said the market adjusted and cut interest rates The expectation is in line with the corresponding amount of US
Apollo's chief economist says the Fed won't cut interest rates in 2024
Torsten Slok, chief economist at Apollo Management, believes that factors such as the further acceleration of the US economy and rising underlying inflation will prevent the Federal Reserve from lowering interest rates in 2024. “The most important thing is that the Federal Reserve will fight inflation for most of 2024,” Slok wrote in a report to clients on Friday, “so the yield level of fixed income products will remain high.” The Apollo chief economist pointed out that the US economic growth rate is expected to rise sharply, and the financial cycle after the Federal Reserve switched to a more relaxed monetary policy stance in December last year
Baidu: Repurchase amount since the fourth quarter was US$318 million
On the afternoon of February 28, Beijing time, Sina Technology News reported that Baidu (Nasdaq: BIDU; HKEX: 9888) today released financial results for the fourth quarter and full year of 2023 ending December 31. In the fourth quarter, total revenue was 35 billion yuan, an increase of 6% over the previous year. Net profit attributable to Baidu was 2.6 billion yuan. Net profit attributable to Baidu without US GAAP was 7.8 billion yuan. Total revenue for 2023 was 134.6 billion yuan, an increase of 9% over the previous year. Net profit attributable to Baidu was 20.3 billion yuan. Net profit attributable to Baidu that does not comply with US GAAP
APOLLO TRAVEL grants a total of 48 million share options
APOLLO Travel (00860) announced that according to the share option plan adopted by the company on June 30, 2023, the company has granted share options to a number of Group employees to subscribe for up to 48 million shares of the company's common shares with a face value of HK$0.01 per share, subject to acceptance by the grantor. The exercise price of the share options granted was HK$0.554.
Selected Announcements | Country Garden was petitioned for liquidation by Ever Credit; China Exempts China to invest an additional 1.1 billion yuan in duty-free shopping
Nine Dragons Paper announced interim results, with shareholders accounting for a profit of 292 million yuan, turning a year-on-year loss into a profit; Fuzhikang Group issued a profit warning and expects a consolidated net loss of about US$120.8 million in 2023.
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