Straits Times Index
3,283.07 +12.09 (+0.37%) S&P 500
4,122.47 -17.59 (-0.42%) Dow
32,774.41 -58.13 (-0.18%) Nasdaq
12,493.93 -150.53 (-1.19%) BTC-USD
23,098.29 -718.82 (-3.02%) CMC Crypto 200
537.25 -20.10 (-3.61%)
BABA Jan 2024 230.000 put
| Previous close | 138.60 |
| Open | 138.60 |
| Bid | 0.00 |
| Ask | 0.00 |
| Strike | 230.00 |
| Expiry date | 2024-01-19 |
| Day's range | 138.60 - 138.60 |
| Contract range | N/A |
| Volume | |
| Open interest | N/A |
- Reuters
Analysis-China investors hedge U.S. delisting risk with Hong Kong play
Global fund managers holding U.S.-listed Chinese stocks are steadily shifting towards their Hong Kong-traded peers, even as they remain hopeful Beijing and Washington will eventually resolve an audit dispute to keep Chinese firms on American exchanges. The pace of migration will likely accelerate, as more Chinese firms listed in New York are expected to follow technology giant Alibaba's intent to launch so-called primary listings in Hong Kong, potentially boosting liquidity there to smooth the transition. KraneShares CSI China Internet ETF (KWEB), a New York-listed fund focused on Chinese tech plays, started swapping American Deposit Receipts (ADRs) into Hong Kong shares in December, when U.S. securities regulators finalised rules to prohibit trading of Chinese companies not compliant with U.S. audit rules.
- Bloomberg
Alibaba helps Korean grocery pioneer take K-food to Singapore
Singaporeans will be able to buy Market Kurly’s ready-to-cook and ready-to-eat meals from Wednesday via the app, owned by Alibaba unit Lazada.
