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BABA Jun 2024 65.000 put
| Previous close | 0.0300 |
| Open | 0.0500 |
| Bid | 0.0000 |
| Ask | 0.0000 |
| Strike | 65.00 |
| Expiry date | 2024-06-07 |
| Day's range | 0.0300 - 0.0500 |
| Contract range | N/A |
| Volume | |
| Open interest | N/A |
South China Morning PostLenovo issues US$2 billion convertible bonds to Saudi Arabia sovereign fund to finance debt repayment, expansion
Lenovo, the world's largest PC maker, is raising US$2 billion by issuing zero-coupon convertible bonds to a unit of Saudi Arabia's sovereign wealth fund, close on the heels of similar offerings made by e-commerce giants Alibaba and JD.com as issuers seek to lower funding costs. The three-year bonds will pay no interest but give the investor, Alat, a subsidiary of the Saudi Arabia's Public Investment Fund (PIF), the option to convert its holdings into shares at an initial conversion price of HK$1
- Reuters SG
UPDATE 1-Indonesia's Shopee accused of antitrust behaviour in delivery services
Indonesia's antitrust agency on Tuesday accused e-commerce platform Shopee's local unit of violating anti-competition rules by directing customers to use certain delivery services, the agency said in a statement. The agency, known as KPPU, has found that Shopee stopped listing several delivery service providers it had previously used, leaving customers with two companies as options - one of which has a Shopee Indonesia executive on its board of directors, its investigators said. KPPU said this week it was investigating the local units of Shopee, owned by Southeast Asian technology firm Sea Ltd and PT Ecart Webportal Indonesia, which operates Lazada, the Southeast Asian arm of Alibaba, but did not elaborate.
- Reuters SG
Indonesia's Shopee accused of antitrust behaviour in delivery services, Bisnis reports
Indonesia's antitrust agency on Tuesday accused e-commerce platform Shopee's local unit of violating anti-competition rules by directing customers to use certain delivery services, news website Bisnis.com reported. The agency, known as KPPU, has found that Shopee from March 2021 stopped listing several delivery service providers it had previously used, leaving customers with two companies as options - one of which has a Shopee Indonesia executive on its board of directors, the news outlet said, citing investigators. KPPU said this week it was investigating the local units of Shopee, owned by Southeast Asian technology firm Sea Ltd and PT Ecart Webportal Indonesia, which operates Lazada, the Southeast Asian arm of Alibaba, but did not elaborate.
