Previous close | 1.6300 |
Open | 1.4500 |
Bid | 0.0000 |
Ask | 0.0000 |
Strike | 80.00 |
Expiry date | 2024-06-07 |
Day's range | 1.3800 - 1.8000 |
Contract range | N/A |
Volume | |
Open interest | 1.48k |
A bullish bet on a safe haven asset.
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
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.