China telco stocks drop 5% in HK

Source: Dukascopy Bank SA
On Monday, shares of China's three largest telcos tumbled 5% in the first trading day in Hong Kong since the NYSE announced its plans to delist the companies under the US plan that China branded "politically motivated".
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Mon, 04 Jan 2021 07:55:51 GMT

Icahn sells $600M stake in Herbalife

The activist investor Carl Icahn sold over half of his stake owned in Herbalife Nutrition for $600M at $48.05 for a share, while also gave up five seats on the company's board held by investor's representatives.

Mon, 04 Jan 2021 06:00:03 GMT

Asian equity markets hit record high

On Monday, Asian equity markets hit a record level. MSCI's broadest index surged by 0.80% to hit an all-time peak, S.Korea shares rose by 2%, led by the chip and auto sectors, China's blue chips added 0.3%.

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