#Hong Kong company prospectus

[panchitacarmensita]

A Guide to Navigating Corporate Legal Requirements in Hong Kong

Operating a business in Hong Kong comes with ample opportunities but also an array of legal and regulatory requirements that corporations must comply with. Failing to adhere to the rules around company formation, securities trading, taxation, employment and other key areas can land your business in hot water. This guide outlines the major legal landscape that HK corporations should be aware of.

Choosing a Business Structure

One of the first steps is deciding how you will formally constitute your HK company. Common structures for small to mid-sized companies include a Private Limited Company and Limited Company. Key legal paperwork includes filing Articles of Association and a Memorandum that specifies company objectives and structure. You’ll also need to formally issue company shares and understand share classes as well as share types like ordinary or preference shares with varying ownership rights. Statutory meetings must be held annually.

Following Securities Trading Laws

If your company seeks investment from the public, then you must comply with Hong Kong securities regulations around registering prospectuses, issuing financial reports and disclosing shareholder equity changes, governed overall by the Securities and Futures Ordinance (SFO). Listed firms face continuing regulatory burdens around price sensitive information – any data that may impact share prices must be announced. Insider trading is also tightly regulated under SFO, least employees use undisclosed financial information for profit.

Paying Taxes and Filing Returns

As a HK corporation, key taxes will include Profits Tax on company earnings as well as potential Withholding Tax on payments like royalties or service fees sent overseas. Proper calculation of tax residency status is essential to determine tax exposure. Audited accounts may be required, and tax returns generally must be filed annually under strict guidelines. FAILURE_DETECTED

Meeting Employment, Payroll Regulations

Critical employment law issues span offering employment contracts that meet government standards on pay, overtime, leave policies and more per Hong Kong’s Employment Ordinance. Preventing discrimination and sexual harassment is also mandated. Retirement schemes equivalent to at least the Minimum Wage level (currently HK$37.5 hourly) must be provided. Consult deeply on hiring and termination best practices.

Protecting Intellectual Property Rights

Register trademarks and patents early to establish legal ownership over key company innovations and brands in the Hong Kong market. Also enact document management procedures focused on retaining contracts, transaction records, board minutes and other materials that may be involved in potential disputes or investigations for 6-7 years as best practice.

The regulatory pressures on HK corporations are significant, but with proper legal guidance around formation, trading, hiring, tax policies and IP rights, your company can securely navigate the Hong Kong landscape. Government agencies like InvestHK provide additional resources on ongoing compliance requirements as corporate policies evolve. Taking a conservative approach with oversight from your company secretary or legal team is wise as your business grows and expands.

[influencermagazineuk]

Shein Takes Step Toward Potential London Stock Exchange Listing

Singapore-based online fashion retailer Shein has reportedly filed confidential paperwork for an initial public offering (IPO) with the Financial Conduct Authority (FCA), the UK's markets regulator. This move marks a significant step towards a potential blockbuster listing in London, following the company's decision to abandon plans for a New York IPO. Shein, which saw its popularity soar during the pandemic as online shopping surged, submitted the pre-listing documentation with the FCA this month, according to sources familiar with the matter. This filing paves the way for Shein, headquartered in Singapore, to release a formal IPO prospectus that would require FCA approval before the listing can proceed. A key hurdle remains for Shein: securing approval from Chinese authorities for a London listing. The company, with a majority of its workforce and manufacturing base in China, faces potential regulatory roadblocks from Beijing. Sources close to the company caution that Shein could choose to pursue an IPO elsewhere if it encounters regulatory difficulties in London or finds more favorable listing conditions in another market. Hong Kong is reportedly another potential option under consideration. Shein's shift towards London follows earlier plans for a New York IPO that were ultimately scrapped due to ongoing tensions between the US and China. Donald Tang, Shein's executive chair, recently told the Financial Times that while the company has made progress in addressing concerns about Chinese control, it hasn't been enough to satisfy US regulators. A potential Shein IPO would be a significant boost for the London Stock Exchange. Senior UK politicians, including Chancellor Jeremy Hunt and Labour shadow business secretary Jonathan Reynolds, have reportedly met with Shein representatives in recent months. Labour, currently leading in polls ahead of the July 4th general election, views a London listing favorably, arguing that it would subject Shein to stricter regulatory standards compared to other potential markets. Shein has previously faced allegations of forced labor in its supply chain, which the company vehemently denies while maintaining a "zero-tolerance policy for forced labor." Commenting on the potential London listing, Reynolds stated that regulating Shein from the UK would be ideal, given the company's operations within the country. He believes a UK listing would ensure enforcement of the highest possible standards. While supportive of the potential listing, Business Secretary Kemi Badenoch highlighted potential concerns regarding lost tax revenue due to Shein's business model and the aforementioned forced labor allegations in China. However, junior business minister Kevin Hollinrake countered these concerns, expressing that a Shein IPO would be a "prize" for the London Stock Exchange. He believes the UK's modern slavery reporting requirements for companies would enhance Shein's accountability. Both Shein and the FCA declined to comment on the reported filing. Read the full article

[mamun258]

The "Snow King" who was put away is difficult to copy

Mixue Bingcheng has emerged in the beverage market with the brand IP of "Snow King". This article will deeply analyze the reasons why "Snow King" became popular, what kind of value this IP has, and explore the close connection HE Tuber between brand IP and corporate development. Let’s take a look.

Recently, Mixue Bingcheng’s prospectus has aroused heated discussions in the industry. Based on the number of stores as of September 30, 2023, and the cup volume in the first nine months of 2023, Mixue Bingcheng has become the number one ready-made beverage company in China and the second in the world.

This is an outstanding result. But for most consumers, Mixue Bingcheng’s overwhelming presence began in 2018. This year, the "Snow King" was born, and the magical theme song, "You love me and I love you, Mixue and Ice City is sweet" sounded on the Internet and in the streets.

"Snow King" became popular, and Mixue Ice City ushered in another milestone in its development history.

To this day, there are still endless hot topics about "Snow King" on social media. You have most likely seen the funny video of "Snow King" walking on the street, the Hong Kong-style blockbuster "Walking in Hong Kong Alone", and you may also have seen it at music festivals and various brand co-branded activities.

The "Snow King" appeared in Hong Kong, and netizens asked him to "take care of yourself" in the barrage

Source: Screenshot of Xiaohongshu

In fact, the connection between brand IP and corporate development has always been a hot topic. In the prospectus, "Shenxiang" noticed that Mixue Bingcheng even included "Snow King" in its competitive advantages. For a company with roots in bricks and mortar, this is somewhat surprising. It is necessary to systematically understand the value of Snow King:

Why is "Snow King" so popular?

Why is it said that "Snow King" is difficult to copy?

What long-term value can "Snow King" bring?

1. The freed "Snow King"

"Why do you like the Snow King?" If you ask this question to different people, you will get different answers.

"Funny and uninhibited" is one answer. Fans will follow "Snow King"'s daily "street life" and be immersed in the brainwashing music and second-generation videos of "You love me and I love you, Mixue Bingcheng is sweet' '. Videos of the "Snow King" traveling around and infiltrating various Internet celebrity cities always attract a lot of attention - a while ago, the Snow King wore Hanfu and went to Luoyang's Yingtian Men to shoot a blockbuster. Before "Erbin" became popular, Snow King had already put on a seasonal limited-edition "Northeast Skin '' floral cotton jacket and gave everyone a talent show.

"Snow King" wears Hanfu at Yingtian Men and performs Yangko in Northeast China

Source: Screenshot of Xiaohongshu

Young people like "Snow King"'s vitality at the music festival and his enthusiasm in the "Snow King Arrives" animation. They can also see themselves in "Snow King" who fishes at work and sings songs after get off work. Its linkage with IPs such as Danzi and Luo Tianyi will make people shout "double chef ecstasy". The donations made during flood relief and the children's books donated by the library have allowed people to see the social responsibility of this "funny guy".

"Snow King" is versatile and versatile. It can be integrated with all kinds of scenes, brands, and cities you can imagine or imagine. This is the source of its vitality and the result of Mixue Ice City’s “stocking”.

In terms of image, the "Snow King" is simple and cute - he wears a crown, a red cloak, holds an ice cream scepter, and has a round body. These elements are familiar to everyone and have super high visual recognition and memory. Therefore, we will see that while it is popular in China, "Snow King" is also very popular in countries with different cultures such as South Korea, Vietnam, and Australia.

Michelle Bingcheng’s first store in Australia

Source: Internet

Interestingly, the various "personalities" of "Snow King" do not seem to be intentionally created by the brand. Whether it is funny or responsible, the quality of "Snow King" comes from the co-creation and dissemination of netizens. Mixue Bingcheng did not forcefully create a character for "Snow King", but allowed fans of different ages and personalities to give it different characteristics to make its image fuller.

Traditional film and television IPs have “characters” and stories. However, in recent years, IPs such as Bubble Mart and Lina Belle have become popular, proving that IPs can also become popular without forcing a concave character or a background story. Fans will project their emotions on their favorite IP, connect the dots of the IP on social media, and piece together a unique character story.

Just like a screenwriter can only write amazing chapters, the audience can give the characters lasting vitality. With the support of UGC (user-generated content), "Snow King" has almost unlimited plasticity and ductility, so we will see "Snow King '' blend into various scenes without any sense of dissonance. The integration with social hotspots and life scenes further dilutes the commercial attributes of "Snow King '' - this cute snowman is not a tool to 'sell goods' ', but a "cultural symbol that accompanies everyone "".

2. “Companionship” is difficult to replace

Because of the popularity of "Snow King", Mixue Bingcheng has also gained a large number of fans. The prospectus shows that as of December 24, 2023, the cumulative exposure of topics related to the theme songs of "Snow King" and "Mixue Ice City" on major social platforms exceeded 8.7 billion and 8.4 billion times respectively. As of September 30, 2023, the number of Mixue Ice City members exceeded 215 million.

Many people study "Snow King" and try to copy "Snow King", but this is much harder than it seems.

"Company" is scarce and has lasting power. Think about it, you probably have an old thing that has accompanied your growth and witnessed your highs and lows. Because of its "companionship", it has a value that far exceeds the price of the commodity itself, and is difficult to replace with other items.

The same is true for IP. Doraemon, Hello Kitty, Pikachu, Mickey Mouse and Donald Duck, Disney princesses...these IPs, which have been popular for decades, are accompanied by film and television images, model dolls, cultural and creative peripherals, offline parks, commercial cooperation, etc. As we move from childhood and adolescence to adulthood, the corresponding emotional bonds will even be passed on to the next generation.

"Companionship" is also the secret for IP to travel through time cycles. What distinguishes "Snow King" from other brand IPs is also "companionship". It is not a "Logo" that lacks vitality or an image that only appears in trading scenes - children will feel brave in the red cloak of the "Snow King"; when students see the "Snow King", they will think of being with their friends. The youthful atmosphere of playing together and adding ice to the bubbles; people in the workplace will feel comforted by the resonance when they see the "Snow King" who is also a worker.

Stills from "The Snow King Arrives"

People of different generations and different personalities can establish a connection with "Snow King". As time goes by, the sense of companionship brought by "Snow King" will continue to deepen. IPs that can cover the general public and provide "thousands of people with thousands of faces" emotional value are rare, especially for a brand IP.

Different brands have their own vertical audiences. The price of luxury goods determines that even if it has a good IP, it is difficult to be liked by everyone. Of course, it does not need to be liked by everyone; only people with the same taste will appreciate niche brands. But "Snow King" is different. It is associated with a high-frequency consumer brand, and the "easiness" of the product provides it with the possibility of being accepted by more people.

This sense of “easiness” is expressed in Mixue Bingcheng’s prospectus as “high quality and affordable price”. The entrepreneurial history of Mixue Ice City can be traced back to 1997, when it was still a small shop called "Cold Current Shaved Ice". For more than 20 years, whether it is shaved ice in the early days, or ice cream and lemonade later, Mixue Ice City has focused on making "high-quality and affordable delicacies" at different stages. So far, all products are priced at RMB 6 up and down.

The products are easy to obtain and almost no purchase decision is required, giving "Snow King" a foundation that everyone loves. The "no design" free range allows different people to find resonance and project emotions on "Snow King". This kind of emotional connection is long-lasting and difficult to replace.

3. Snow King Snowball

Looking around the world, industry benchmarks such as Coca-Cola, Starbucks, and Apple generally have a "super symbol." The difference is that when moving IP becomes a super symbol and enters people's daily life, it represents not only a company or a product, but also emotional qualities such as love, sweetness, joy, etc. that are closely related to people, and It will become an important driving force for the sustainable development of enterprises.

The same is true for "Snow King". While it has become an important asset, it will also roll out even bigger "snowballs" in the future.

In terms of going to sea, "Snow King" is a well-deserved "pioneer". Currently, going global is the common goal of many Chinese brands, but as "outsiders", how to quickly integrate into the local area is a big problem. At this time, a vivid IP image can undoubtedly play a "leverage" role. A cultural symbol that is deeply rooted in people's hearts is better than various desk materials.

While helping to expand, the everlasting red of "Snow King" is also conducive to maintaining the vitality and vitality of the brand. Competition in the ready-made beverage industry is fierce, and brands need to constantly innovate. Snow King is a very good carrier. It can be combined with various popular topics and Internet hot spots to bring a steady stream of attention to the brand.

In this regard, the example of Disney can be used as a reference. After a hundred years of development, Disney has cultivated long-term IPs such as Mickey and Donald Duck, and allowed users to rely on a single IP to develop into a sustainable emotional relationship with Disney itself. As both cultural symbols, Snow King may continue similar ideas and collide with more different fields (Snow King x film and television, Snow King x games, etc.).

For Mixue Bingcheng, this may be another growth path.

[zannatykhatun]

Keep is on the market, and the hardware has made great achievements

After several twists and turns, Keep was listed on the Hong Kong Stock Exchange as expected, and the stock price remained stable in the first two days of listing. Looking through the prospectus, smart sports hardware is Keep's main revenue pillar. Single products such as spinning bikes and smart treadmills have outstanding sales. The lack of new hot products is a hidden concern.

The smart sports hardware market has HE Tuber broad prospects, but users are picky. Can manufacturers come up with more new products that are both creative, practical and cost-effective?

On July 12, Keep, the “first sports technology stock”, officially listed on the Hong Kong Stock Exchange. This is also the first local Internet startup company to be listed in Hong Kong after two years.

Keep’s listing process has been full of twists and turns. The intraday price break on the first day of listing also shows that investors are still worried about Keep's prospects. Fortunately, as of the close of trading on July 13, Keep’s market capitalization stabilized at over HK$15 billion, which is considered to be a slightly firmer footing.

Looking through Keep's prospectus, we can find that although Keep first made its fortune through paid courses and various co-branded badges, the hardware business is the mainstay of its revenue.

Founder Wang Ning once said: We don’t want Keep to be just a fitness APP in the eyes of users, “We are actually a lifestyle brand.” To endorse a lifestyle, Keep must grasp both software and hardware, and be ruthless with both hands.

Under the leadership of Keep, can smart sports hardware enter a new era?

1. Keep successfully rings the bell and makes great contributions to the hardware business

In the development history of Keep in just a few years, the priorities of its main businesses of paid content, subscription membership, advertising and smart sports hardware have been changing.

From 2015 to 2018, Keep was in its entrepreneurial exploration period, positioning itself as a “mobile fitness tool” with paid content as its main business. Although Keep also has a hardware business at this stage, it mainly focuses on equipment purchase guidance and does not essentially break away from the ranks of content services.

Taking 2018 as the dividing point, Keep began to think about new models for traffic monetization. There are two main reasons for this change. First, the platform already has a considerable user scale, with a cumulative user base of more than 140 million. Second, the traffic dividend of the mobile Internet has dried up rapidly, and the user growth rate has slowed down significantly.

There are two new monetization methods Keep chose at that time:

Establish a membership subscription system

Expand offline business

Keepland, which had hundreds of stores across the country at its peak, was the product of this year. As Keep's key markets, Beijing and Shanghai, two first-tier cities, each have nearly 20 stores. In the following two years, Keep also successively launched upgraded products such as Keep Selected Gyms, and reached cooperation with traditional offline gym chains.

However, the sudden epidemic interrupted Keep’s offline expansion rhythm. Data from Sansity Cloud shows that from 2020 to 2021, the number of domestic (broadly defined) fitness venues has recorded a year-on-year decline, and average consumer spending has also decreased.

Beginning in the second half of 2020, Keepland stores in various locations announced their closure one after another, until they completely withdrew from Shanghai and retreated to their base camp in Beijing. From the aggressive expansion to the sad exit, it only took 3 years.

After the offline business shrank, Keep entered the third stage of development - the "lifestyle brand" construction period that Wang Ning has been emphasizing now.

[2amtoday-blog]

Financially troubled WM Motor says it's pushing hard to resume production

WM Motor will have more than 100 dealership stores in China gradually return to regular service, the company said.

(Image from WM Motor's Weibo) WM Motor has been in serious financial trouble, causing disruptions to its operations over the past few months. Now, the company appears to be gradually starting to come back to life. The electric vehicle maker posted a statement on Weibo today saying it is dealing with challenges and is fully engaged in resuming work and production. WM Motor's statement made no mention of its financial woes, blaming the Covid epidemic for the previous shocks. In recent years, the global market has been affected by Covid, leading to the emergence of difficulties such as rising raw materials and shortages of high-end chips, which have dealt a severe blow to the NEV industry, the company said. WM Motor, after experiencing the significant impact of Covid, is making every effort to promote the smooth running of its businesses, including manufacturing, sales and service, through positive changes, the company said. As of now, the company, with the support of government authorities, has contacted its production team, distribution team and delivery service providers to urgently allocate relevant spare parts to meet consumer demand as soon as possible, WM Motor said. In the near future, WM Motor will gradually resume regular service at more than 100 dealership stores in China to solve all kinds of car purchase and use problems for consumers, the company said. WM Motor, one of the first electric vehicle startups in China, had been actively publishing monthly sales figures in 2020, but has frequently stopped publishing the figures since 2021. In 2019-2021, WM Motor's car sales were 12,799, 21,937 and 44,152, respectively, according to its prospectus for Hong Kong listing. The sharp decline in sales has put the company under financial pressure. On November 21 last year, WM Motor CEO Shen Hui listed in an internal letter to all employees the initiatives to ease the financial pressure, including a 50 percent pay cut for management at the M4 level and above, and a 30 percent pay cut for general employees. In addition to the pay cut, WM Motor's Shanghai headquarters initiated layoffs at the time, while outsourced company personnel were also leaving on a large scale. On December 24, some local media reported that a number of WM Motor stores in Shanghai were closed, reduced from about 20 to about 12. In the past few months, a large number of WM Motor employees have started to complain after their salaries were stopped. Last month, local media reported that WM Motor stopped paying all its employees, and its factories in Huanggang, Hubei and Wenzhou, Zhejiang were both in a state of production halt. WM Motor plans backdoor listing in HK to solve financial woes, report says Read the full article

[pennystock125]

Best Stocks to Invest Now for Beginners in Stock Market Trading

The first step in successful stock market investing is to Understand the stock exchange. This is a very crucial step in your investing journey. If you start investing in the stock market without having a thorough or at least a good understanding of the stock exchange itself; you may suffer losses in the beginning. These first losses may discourage you lifelong from undertaking stock market investments. So, it is highly important that you begin your journey being fully prepared.

A stock market is basically a market to buy and sell Stocks of those companies. It refers collectively to all of the stock exchanges, where the issuing and trading of stocks take place. The stock trading can be done on the proper exchange platform or in an over-the-counter sector. Stock market is also called the equity market. The stock exchange provides a company with a mechanism to get capital from investors in lieu of a partial or fractional ownership.

The stock exchange has two main components viz. primary market and secondary market. The new issues of the stocks are sold in the primary market by the company going public. The subsequent buying and selling of the stock, after it has been recorded and sold by the company, takes place in the secondary sector.

Stock Exchanges Today:

Stock exchanges have been established in most major financial Centers and cities throughout the world such as New York, London, Hong Kong, Singapore, Tokyo, etc..

New York Stock Exchange (NYSE) and the NASDAQ are the two Largest stock exchanges in the United States. NYSE was founded in 1792. NYSE is the biggest stock exchange in the world in terms of market capitalization.

Stock Exchange Risks:

There are a number of dangers associated with stock market investing. The volatility of the stock prices is among the most significant risks associated with investing in stocks. The rise and decline in the purchase price of a stock even by 20% every day, is not a matter of surprise.

Sometimes, There's a widespread decline or fall in the Prices of almost all of the stocks. This situation is known as a stock exchange crash and is very painful to the stockholders. In the event of a stock market crash, the investors may not find any buyers for many of the stocks they hold.

Regulators of the Stock Markets:

The governments of various countries have established Regulators to monitor the activities of the stock exchanges with an aim to protect investors.

In the US, the Securities and Exchange Commission (SEC) is The main regulator that tracks the U.S. stock markets. The SEC summarizes that its mission is to protect investors, maintain fair, orderly, and efficient markets, and facilitate capital formation."

Stock Market Functionaries and Players:

The stock market has a number of functionaries and players. They are stockbrokers, traders, portfolio managers, stock analysts, and investment bankers. They have different roles to play but are interrelated.

Stockbrokers buy and sell securities on behalf of the investors. Portfolio managers look after and manage the investments or stocks for their clients. Stock analysts research on the stocks and rate them for buying and selling. Investment bankers work for the companies because of their IPOs, mergers, and acquisitions, etc..

Best Stocks to Invest In

One of the safer methods of investing in stocks is investing in mutual funds. Mutual funds invest in stocks as well, however, they pool the investible funds of a large number of investors, and then invest that collective pool of funds on the respective stocks. If there is any reduction in one particular stock; it's spread over a large number of investors and consequently, the reduction to an individual investor is very bearable. This is simply due to the large magnitude of the total funds. Therein dwells the beauty of investing in stocks through mutual funds.

The benefit of diversification, which is not available to some Small investor in pure stock investing, becomes available to the smallest individual investor thanks to mutual funds. The mutual fund companies, also known as asset management companies, employ professionally qualified and experienced persons to manage the investments. Their expertise and professional approach to stock investing functions the small investors very well, thus, mutual funds are an effective, efficient, and less risky way to invest in the stocks. However, mutual funds aren't a totally risk-free way of investing. Mutual funds also include various fees and expenses. The investor has to bear them ultimately.

Benefits of Mutual Funds:

· Diversification: Mutual funds have well-diversified portfolios. They have a large number of shares of numerous companies across many industries. This helps them in bearing the risk due to a sudden or large loss brought on by a particular stock or industry. By spreading the investments throughout the spectrum of shares, businesses, or industries, you can protect your investments in the days of wide swings or market changes. Mutual funds are a real life application of an age-old maxim"Do not put all your eggs in one basket".

· Variety: The mutual funds, particularly the large and well established mutual funds, have a huge quantity of money for investing and this means they are able to invest in an array of assets and asset classes. For example, some mutual funds may invest in a mix of large caps and mid caps. The big caps give stability to the portfolio; while mid caps offer the growth potential.

· Affordability: If investors want to build a well-diversified portfolio, they will require a huge amount to invest. But, a small investor may also invest in a well diversified portfolio through a mutual fund by investing a sum money that is affordable.

· Dividend: You can get some regular income through the dividend declared and distributed by the mutual fund.

· Liquidity: You can also redeem your mutual fund portfolio in the net asset value (NAV).

· Professional Expertise: Mutual funds are managed by people who have a great deal of financial expertise and experience. This makes it much easier for you to reap the benefits of smart investments.

Disadvantages of Mutual Funds:

· Costs: You have to bear ultimately all of the costs, fees, and charges related to the operations of the mutual fund or the asset management company. This lowers the value of your mutual fund portfolio or the net asset value (NAV) in addition to the returns. You must bear these costs even if the operation of the mutual fund is adverse i.e. you have made losses together with the decrease in the total value of your mutual fund portfolio.

· Risk of Loss: You have all the risks related to stock investing when you invest in a mutual fund. You may lose a part or all of your money in a mutual fund investment in the event of market volatility.

· Performance: Though the mutual funds have a past performance and track record, it doesn't be certain that the future operation would be outstanding.

· Limited Potential: When markets are on the move with higher growth in selected stocks or businesses, you may not gain full profit potential of investing in these specific stocks or industries. This is because your investments have a diversified mutual fund.

· Deficiency of Guarantee: The mutual fund investments are not guaranteed by the government or by any other government agency like the guarantee you have to your deposits from the bank in many countries e.g. guarantee of Federal Deposit Insurance Corporation (FDIC) in the US.

You can decide on whether to invest your money in mutual Funds following the advantages and drawback of the mutual funds in your individual case, taking into account your investment objectives, size of portfolio, risk appetite, etc..

Best Stocks to Buy Now

There are various types of mutual funds where you can invest. Mutual funds have three main categories viz. stock funds or equity funds, bond funds, and money market funds. Each category of the mutual funds has its own unique attributes, returns, and risks. Higher the return potential, the higher is the risk of loss.

There are some restrictions imposed on the mutual fund with Respect to where and how much it can invest in different types of assets or stocks depending on its category. But these rules vary from country to country. In a few countries, there are rules that require a mutual fund to invest at least 80% assets in the type of investments belonging to its announced category. You can have an idea of the exact type of investments from the mutual fund prospectus.

Money Market Mutual Funds: These are funds that invest in short-term Investments or securities issued by the government, or top-level creditworthy corporates. They are less volatile when compared with the other types of mutual funds. But, they have low yields too. The yields usually move in tandem with the short-term interest rates. They offer a good alternative to keeping your money in cash in a bank account, as they provide you high liquidity and you can take out your money very quickly.

Bond Mutual Funds: These are funds That invest in the bonds issued by the government and businesses. They have higher risks as compared to money market funds, but less risk in comparison with the stock or equity funds. The majority of the bond funds concentrate on higher yields. The bond fund's earnings after expenses are known as bond yield, which mainly depends upon bond quality and maturity.

These funds mainly face credit risk i.e. the danger that the counterparty viz. Bond issuing authorities entity or the company may fail to pay the coupon/interest or the principal amount. The credit risk depends upon credit the quality of the bonds contained in the fund portfolio. These funds also face interest rate risk and usually, the market value of the bond funds goes down when interest rates rise, particularly in the event of longer term-bonds. Usually, the lower the quality or the longer the maturity of bond; the greater is the yield and risk.

Stock or Equity Mutual Funds: These funds invest in the shares of various companies. They have higher risks compared to money market or bond funds. They also have high volatility. But, the stock or equity mutual funds have performed better than other investments over the long term historically.

These funds mainly face the market risk The prices of stocks may fluctuate considerably. The costs may fluctuate due to many reasons, e.g. changes in the overall economy, industry level happenings, individual company or stock level developments associated with sales, input costs, management, etc..

Stock or Equity Mutual Funds is a broad degree category and include many sub-categories of mutual funds in it, such as:

· Growth Funds: focus on stocks with high growth potential.

· Income Funds: focus on stocks paying regular dividends.

· Sector Funds: focus on a specific industry or business e.g. IT, telecom, etc..

· Index Funds: focus on a portfolio of shares replicating an Index to accomplish the exact same yield, e.g. S&P 500.

· Balanced Funds: concentrate on a portfolio with an optimum combination of both the stocks and bonds.

Buying and Selling of Mutual Funds

You may buy the stocks of mutual funds in a number of ways. The Most frequent way is either buying from the fund itself or buying through a financial adviser.

The Purchase Price for mutual fund stocks is usually calculated on the basis of the per stock net asset value (NAV) of the mutual fund. Depending on a mutual fund, there may be a stockholder fee levied at the time of buying such as sales load. The NAV of a mutoldings of the mutual fund after deduction of expenses, by the total number of shares owned by ual fund is calculated at the end of the specific business day by dividing the total value of the hthe mutual fund. Buyers of mutual funds buy in the NAV calculated after they place the buying order.

The shares of mutual funds are redeemable i.e. the investor can sell the stocks back to the mutual fund at any point in time.

All said and done, mutual fund investing is a great and Amazing way to invest in the stocks. There are a number of mutual funds with wide-ranging characteristics, different types of portfolios, and investment philosophies. You may choose the one which best fits your individual needs and circumstances in terms of return objectives, risk tolerance, liquidity needs, etc..

It will give you a good opportunity to learn about stock Investing if you continuously track the performance of your mutual fund portfolio and how it moves with the total stock markets in addition to with the peer group of mutual funds.

Thus, you will start recognizing a pattern of price movements In the stocks with terms of the financial environment, the performance of the industries and businesses, earnings, results of companies, etc.. After a time, when you become well versed with these stock investment related things, you may decide to take a plunge in the broad ocean of stock investing on your own; and come out with flying colours.

[tradestockalerts240-blog]

Best Stocks to Invest Now for Beginners in Stock Market Trading

The first step in successful stock market investing is to Understand the stock market. This is a very crucial step in your investing journey. If you begin investing in the stock market with a thorough or at least a good comprehension of the stock market itself; you may suffer losses in the beginning. These initial losses may discourage you lifelong from job stock market investments. So, it is highly important that you begin your journey being fully ready.

A stock market is basically a market to buy and sell Stocks of those companies. It refers collectively to all of the stock exchanges, where the issuing and trading of stocks take place. The stock trading could be performed on the proper exchange platform or in an over-the-counter market. Stock market is also referred to as the equity market. The stock market provides a company with a mechanism to acquire capital from investors instead of a partial or fractional ownership.

The stock market has two main components viz. primary market and secondary market. The new issues of the stocks are sold in the primary market by the company going public. The subsequent buying and selling of the stock, after it has been listed and sold by the company, takes place in the secondary sector.

Stock Exchanges Today:

Stock exchanges have been established in all major financial Centers and cities across the world such as New York, London, Hong Kong, Singapore, Tokyo, etc..

New York Stock Exchange (NYSE) and the NASDAQ will be the two  Largest stock exchanges in america. NYSE was founded in 1792. NYSE is the biggest stock exchange in the world in terms of market capitalization.

Stock Market Risks:

There are a number of dangers associated with stock market investing. The volatility of the stock prices is among the most significant risks associated with investing in stocks. The rise and decline in the price of a stock even by 20 percent every day, isn't a matter of surprise.

Sometimes, There's a widespread decline or fall in the Prices of almost all of the stocks. This situation is known as a stock market crash and is very painful to the stockholders. In the event of a stock exchange crash, the investors may not find any buyers for many of the stocks they hold.

Regulators of the Stock Markets:

The governments of various countries have established Regulators to track the actions of the stock exchanges with an aim to protect investors.

In America, the Securities and Exchange Commission (SEC) is The main regulator that tracks the U.S. stock markets. The SEC outlines that its job is to protect investors, maintain fair, orderly, and efficient markets, and facilitate capital formation."

Stock Market Functionaries and Players:

The stock exchange has a number of functionaries and players. They are stockbrokers, traders, portfolio managers, stock analysts, and investment bankers. They have different roles to play but are interrelated.

Stockbrokers buy and sell securities on behalf of the investors. Portfolio managers look after and manage the investments or stocks for their clients. Stock analysts study on the stocks and rate them for buying and selling. Investment bankers work for the businesses for their IPOs, mergers, and acquisitions, etc..

Best Stocks to Invest In

One of the more powerful methods of investing in stocks is investing in mutual funds. Mutual funds invest in stocks as well, howeverthey pool the investible funds of a large number of investors, and then invest that collective pool of funds on the individual stocks. If there is any reduction in one particular stock; it is spread over a high number of investors and consequently, the reduction to a single investor is quite bearable. This is simply because of the large magnitude of the total funds. Therein resides the beauty of investing in stocks through mutual funds.

The benefit of diversification, which is not available to a  Small investor in pure stock investing, becomes available to the smallest individual investor thanks to mutual funds. The mutual fund companies, also known as asset management businesses, employ professionally qualified and experienced persons to manage the investments. Their expertise and professional approach to stock investing functions the tiny investors very well, thus, mutual funds are an effective, efficient, and less risky way to invest in the stocks. However, mutual funds are not a totally risk-free way of investing. Mutual funds also include various fees and expenses. The investor must bear them ultimately.

Benefits of Mutual Funds:

· Diversification: Mutual funds have well-diversified portfolios. They have a high number of stocks of numerous companies across many industries. This helps them in bearing the risk due to a sudden or big loss caused by a specific stock or industry. By spreading the investments throughout the spectrum of shares, companies, or industries, you can protect your investments at the days of wide swings or market fluctuations. Mutual funds are a real life application of an age-old maxim"Do not put all your eggs in one basket".

· Variety: The mutual funds, particularly the large and well established mutual funds, have an enormous amount of money for investing and this means that they are able to invest in an array of assets and asset classes. For example, some mutual funds may invest in a mix of big caps and mid caps. The large caps provide stability to the portfolio; while mid caps offer the growth potential.

· Affordability: If investors want to build a well-diversified portfolio, they will require a huge amount to invest. But, a small investor may also invest in a well diversified portfolio via a mutual fund by investing in an amount money that's affordable.

· Dividend: You can get some regular income through the dividend declared and distributed by the mutual fund.

· Liquidity: You may also redeem your mutual fund portfolio at the net asset value (NAV).

· Professional Expertise: Mutual funds are managed by people who have a lot of financial expertise and experience. This makes it easier for you to reap the benefits of smart investments.

Benefits of Mutual Funds:

· Costs: You have to bear ultimately all of the expenses, fees, and fees related to the operations of the mutual fund or the asset management company. This reduces the value of your mutual fund portfolio or the net asset value (NAV) in addition to the returns. You must bear these costs even if the performance of the mutual fund is negative i.e. you have made losses with the decline in the entire value of your mutual fund portfolio.

· Risk of Loss: You have all of the risks related to inventory investing when you invest in a mutual fund. You may lose a part or all your money in a mutual fund investment in case of market volatility.

· Performance: Even though the mutual funds have a past performance and track record, it does not be certain that the future operation would be outstanding.

· Limited Potential: When markets are on the move with higher growth in selected stocks or businesses, you may not gain full profit potential of investing in these specific stocks or industries. This is because your investments have a diversified mutual fund.

· Lack of Guarantee: The mutual fund investments aren't guaranteed by the government or by any other government agency such as the guarantee you have for your deposits in the bank in many nations e.g. guarantee of Federal Deposit Insurance Corporation (FDIC) in the united states.

You can decide on whether to invest your money in mutual Funds after considering the advantages and drawback of the mutual funds in your individual case, taking into account your investment objectives, size of portfolio, risk appetite, etc..

Best Stocks to Buy Now

There are various types of mutual funds in which you can invest. Mutual funds have three main categories viz. stock funds or equity funds, bond funds, and money market funds. Each category of the mutual funds has its own unique attributes, returns, and risks. Higher the return potential, the greater is the chance of loss.

There are some limitations imposed on the mutual fund with Respect to where and how much it can invest in the different types of assets or stocks based on its category. However, these rules vary from country to country. In some countries, there are rules that call for a mutual fund to invest at least 80% assets in the type of investments belonging to its declared category. You can have an idea of the exact type of investments in the mutual fund prospectus.

Money Market Mutual Funds: These are funds that invest in short-term Investments or securities issued by the government, or top-level creditworthy corporates. They are less volatile when compared with the other types of mutual funds. But, they have low yields too. The yields usually move in tandem with the short-term interest prices. They offer a fantastic alternative to keeping your money in cash in a bank account, as they offer you high liquidity and you can take out your money very quickly.

Bond Mutual Funds: These are funds That invest in the bonds issued by the government and companies. They have higher risks as compared to the money market funds, but less danger as compared to the stock or equity funds. Most of the bond funds focus on higher yields. The bond fund's earnings after expenses are known as bond yield, which mainly depends upon bond quality and maturity.

These funds mainly face credit risk i.e. the danger that the counterparty viz. Bond issuing authorities entity or the company may fail to pay the coupon/interest or the principal amount. The credit risk depends on credit the quality of the bonds contained in the fund portfolio. These funds also face interest rate risk and usually, the market value of the bond funds goes down when interest rates rise, particularly in case of longer term-bonds. Usually, the lower the quality or the longer the maturity of bond; the higher is the yield and risk.

Stock or Equity Mutual Funds: These funds invest in the shares of various companies. They have higher risks as compared to money market or bond funds. They also have high volatility. But, the stock or equity mutual funds have performed better than other investments over the long term historically.

These funds mainly face the market risk The prices of stocks may fluctuate considerably. The costs may fluctuate due to many reasons, e.g. changes in the overall economy, industry level happenings, individual company or stock level developments related to sales, input costs, management, etc..

Stock or Equity Mutual Funds is a broad degree category and include many sub-categories of mutual funds in it, such as:

· Growth Funds: focus on stocks with high growth potential.

· Income Funds: concentrate on stocks paying regular dividends.

· Sector Funds: focus on a particular industry or sector e.g. IT, telecom, etc..

· Index Funds: focus on a portfolio of shares replicating an Index to accomplish the same yield, e.g. S&P 500.

· Balanced Funds: focus on a portfolio with an optimum combination of both the stocks and bonds.

Buying and Selling of Mutual Funds

You may buy the shares of mutual funds in a number of ways. The Most frequent way is either buying from the fund itself or buying via a financial advisor.

The Purchase Price for mutual fund stocks is usually calculated on the basis of the per stock net asset value (NAV) of the mutual fund. Based on a mutual fund, there may be a stockholder fee imposed at the time of buying such as sales load. The NAV of a mutual fund is calculated at the end of the particular business day by dividing the total value of the holdings of the mutual fund after deduction of expenses, by the total number of stocks owned by the mutual fund. Buyers of mutual funds buy in the NAV calculated after they place the buying order.

The shares of mutual funds are redeemable i.e. the investor can sell the stocks back to the mutual fund at any point in time.

All said and done, mutual fund investing is a great and Amazing way to invest in the stocks. There are a number of mutual funds with wide-ranging characteristics, different types of portfolios, and investment philosophies. You may choose the one which best fits your individual needs and circumstances concerning return objectives, risk tolerance, liquidity needs, etc..

It will give you a good opportunity to learn about inventory  Investing if you continuously track the performance of your mutual fund portfolio and the way it moves with the overall stock markets in addition to with the peer group of mutual funds.

Thus, you will start recognizing a pattern of price movements From the stocks with relation to the economic environment, the performance of the industries and businesses, earnings, results of organizations, etc.. After a while, when you become well versed with these stock investment related things, you may decide to take a dip into the broad ocean of stock investing on your own; and come out with flying colors.

https://tradestockalerts.com/best-stocks-to-invest-in

https://tradestockalerts.com/best-stocks-to-buy-now

[bowsetter]

Mining Giant Bitmain Confidentially Files for U.S.-Based IPO

According to reports, bitcoin mining manufacturer Bitmain Technologies confidentially filed for a U.S.-based initial public offering (IPO) with the Securities and Exchange Commission. The news follows the alleged removal of cofounder and executive director Micree Zhan and the recent announcement of a facility in Texas with the capacity to house 300MW of hashpower.

Also read: Avalon Mining Rig Maker Canaan Files for $400M IPO on Nasdaq

Bitmain Secretly Files for U.S. Initial Public Offering

The U.S. Securities and Exchange Commission (SEC) currently has two mining manufacturers to approve for IPO status in the country. According to Tencent News, the IPO is sponsored by the financial giant Deutsche Bank and it was filed at roughly the same time Canaan Creative filed for its IPO earlier this week. Canaan the makers of Avalon mining rigs and chips filed for a $400 million IPO on Nasdaq but the Bitmain valuation is currently unknown. Tencent’s (sycaijing.com) translated editorial details that Bitmain has hired China-based executive Zheng Hua who once worked with Nasdaq, so there’s a chance the company’s filing is similar to Canaan’s filing as far as listing status.

Mining chip and device manufacturer Bitmain has filed with the SEC for an IPO in the U.S.

The news follows Bitmain’s recent push in Rockdale, Texas where the firm is building a bitcoin mine with up to 300 megawatts (MW) of hashpower. So far the facility houses 25MW and another 25MW will come online soon according to Bitmain. Last year, the company also filed an IPO prospectus in Hong Kong in order to be listed on the Hong Kong Stock Exchange (HKSE). However, in March 2019 the Chinese mining giant let the application lapse and did not file another IPO prospectus in the country. Canaan also filed an IPO in Hong Kong and let the application slide as well. Confidential or ‘secret’ IPO filings are not uncommon in the U.S. as the SEC approved such filings in June 2017.

Canaan filed an IPO for $400 million in the U.S. to be listed on Nasdaq earlier this week. Allegedly Bitmain is shooting for a Nasdaq listing as well but the current valuation is unknown.

Additionally, Bitmain has released and shipped a wide variety of next-generation bitcoin core (BTC) and bitcoin cash (BCH) miners this year. Despite the FUD last year, the company has managed to produce at least 10 new machines including a special edition S9 Antminer. According to Asicminervalue.com, while filtering SHA256 miners specifically, the company’s S17 series rigs are the top two bitcoin miners today just above Innosilicon’s T3. The S17 series Antminers produce a whopping 50+ terahash per second (TH/s) and the firm’s machines coming in December will generate 70+TH/s according to specifications. Machines have been delivered even though there have been rumors of a 7nm shortage at the semiconductor foundries since the last two Samsung and iPhone launches.

Bitmain has produced roughly 10 new machines this year and an anniversary S9 edition as well.

Cofounder Ousted

The IPO filing news also developed after the recent headlines that said Micree Ketuan Zhan, the cofounder of Bitmain, was ousted. Leaked reports disclosed that Bitmain cofounder Jihan Wu disagreed with Zhan in regard to the artificial intelligence (AI) chip production which is allegedly floundering. Wu has reportedly taken over the head leadership position at the company and Zhan’s dismissal was “effective immediately” and includes “all roles” at the firm.

(Left) Bitmain cofounder Jihan Wu, (Right) Bitmain cofounder Micree Ketuan Zhan.

“Bitmain’s co-founder, chairman, legal representative, and executive director Jihan Wu has decided to dismiss all roles of Ketuan Zhan, effective immediately,” a circulating email disclosed. “Any Bitmain staff shall no longer take any direction from Zhan, or participate in any meeting organized by Zhan. Bitmain may, based on the situation, consider terminating employment contracts of those who violate this note.” Since the Bitmain management shake-up, the price of bitcoin cash (BCH) rose by double digits on October 29.

What do you think about Bitmain confidentially filing for a U.S.-based initial public offering (IPO) with the Securities and Exchange Commission? Let us know what you think about this subject in the comments section below.

Disclaimer: This article is for informational purposes only. It is not an offer or solicitation of an offer to buy or sell, or as a recommendation, endorsement, or sponsorship of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

Image credits: Shutterstock, Bitmain, Fair Use, Wiki Commons, and Pixabay.

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The post Mining Giant Bitmain Confidentially Files for U.S.-Based IPO appeared first on Bitcoin News.

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[gkdhaka]

Kingsoft Cloud latest China firm to seek Hong Kong dual primary listing

Kingsoft Cloud latest China firm to seek Hong Kong dual primary listing

HONG KONG (Reuters) – Cloud computer firm Kingsoft Cloud has filed documents for a dual primary listing in Hong Kong, becoming the latest Chinese company to seek a diversified listing in the Asian financial hub. The New York-listed firm filed its initial prospectus with the Hong Kong Stock Exchange late on Wednesday to press ahead with the listing, which it had flagged in March it was…

[hknd123321]

SPAC Weekly Report

1. The SPAC initiated by Primavera and ABCI submitted the form to the Hong Kong Stock Exchange On January 31, Interra Acquisition Corporation, a special purpose acquisition company (SPAC) initiated by Primavera and ABCI, formally submitted an A-1 document to the Hong Kong Stock Exchange, with ABCI and JPMorgan as joint sponsors. This SPAC is the one with the widest focus among the four SPACs disclosed on the official website of the Hong Kong Stock Exchange so far – it focuses on innovation and technology, consumer and new retail, high-end manufacturing, healthcare and climate action in the Greater China region. of high-growth companies. Interra Acquisition emphasized in the prospectus that this investment strategy was chosen based on its confidence in the sustainable growth of the Greater China region. This high growth trend will be mainly driven by future consumption upgrades, urbanization, technological innovation and energy decarbonization. of positive megatrends. 2. Li Ning, Lane Capital and Astrapto jointly launch a SPAC On January 31, Trinity Acquisition, a special purpose acquisition company (SPAC) jointly sponsored by Li Ning, Lane Capital and Astrapto, officially filed an A-1 document with the Hong Kong Stock Exchange, with JPMorgan and Credit Suisse serving as joint sponsors and joint global coordinators and joint bookrunners. In fact, the three filed an S-1 document with the U.S. Securities and Exchange Commission on March 31, 2021, planning to list Trinity Acquisition on the New York Stock Exchange, with an estimated fundraising scale of $250 million. According to Trinity Acquisition's plan, the SPAC applying for listing in Hong Kong will focus on global consumer lifestyle companies that have strong growth potential in China and can benefit from the professional operational knowledge and capabilities of the promoters and management teams. 3. Medical Dao International Group Etao plans to go public through SPAC On February 1, Etao International Group announced that it would go public by merging with Mountain Crest Acquisition Corp III, a special purpose acquisition company (SPAC), in a transaction valued at $2.5 billion. If the deal is concluded, Medical Dao International is expected to receive total proceeds of up to $304 million, including a $250 million private investment from China Small and Medium Enterprises Investment Group. The transaction is expected to close this summer, when the new combined entity will be listed on the New York Stock Exchange. 4. Lidar company Quanergy completes SPAC listing On February 11, lidar company Quanergy Systems completed a stock market listing through a special-purpose acquisition company (SPAC) merger transaction. Quanergy said the deal, which now trades under the ticker "QNGY," gives it about $175 million in new liquidity. The total includes $50 million in cash, as well as $125 million in funding committed through the Luxembourg investor Global Emerging Markets (GEM) group, from which an upfront payment of $25 million is now available. Quanergy, one of the first companies to develop lidar units for automotive applications, demonstrated sensors for a conceptual self-driving car back in 2015 at the Frankfurt Motor Show. Although it now joins the likes of Velodyne, Luminar Technologies, Aeva, AEye, Ouster, and Innoviz Technologies through a SPAC listing, it appears that Quanergy really hasn't lived up to the expected financing. In June 2021, Quanergy hopes to cooperate with the Cayman Islands financing institution CITIC Capital Acquisition Corp. The merger released $278 million. In the crowded lidar space, Quanergy's unique selling point is its chip-based optical phased array (OPA) technology. In unveiling the SPAC deal to investors, the company's CEO described how the OPA approach closely mimics phased-array radar sensors, an already well-established technology in the automotive space.

[indiarightnow]

Foxconn's India unit Bharat FIH files for Rs 5,000-cr IPO

Foxconn’s India unit Bharat FIH files for Rs 5,000-cr IPO

Hong Kong-listed FIH Mobile Ltd’s India unit Bharat FIH Ltd filed for an initial public offering of up to Rs 5,004 crore on Wednesday, according to its draft prospectus. Shares of FIH Mobile, a unit of Apple Inc supplier Foxconn, surged 6.7% earlier in the day in Hong Kong after the company proposed the listing of Bharat FIH. Bharat FIH’s IPO will consist of a fresh issue of shares of up to Rs…

[ernestmccullougho5]

China emerging as key orthodontics and clear aligner market

BEIJING, China: When the largest Chinese clear aligner manufacturer floated shares on the Hong Kong stock exchange in June, it was obliged to make available to the public company and market information that previously had been difficult to obtain. Angelalign’s trading prospectus outlines the exceptional market growth that is forecast for orthodontic therapy in China by 2030, by which time the country is expected to have more clear aligner treatments per year than the US or Europe.

[hknd123321]

Li Ning, Lane Capital and other co-sponsored SPAC companies plan to list on the Hong Kong Stock Exchange

On February 8, Trinity Acquisition, a special purpose acquisition company (SPAC) jointly sponsored by Li Ning, Lane Capital and Astrapto, officially filed an A-1 document with the Hong Kong Stock Exchange on January 31, with JPMorgan and Credit Suisse serving as joint sponsors , Joint Global Coordinators and Joint Bookrunners. According to the new media, according to the announcement of the US Securities and Exchange Commission on March 10, 2021, Li Ning, Lane Capital and former Goldman Sachs executives, Zhou Zhiyang co-founded the SPAC shell company Trinity Acquisition Corp. The registration time is February 4; Public offering of US$250 million at an issue price of US$10 per share, applying for a listing on the New York Stock Exchange. According to Trinity Acquisition's plan, the SPAC applying for listing in Hong Kong will focus on global consumer lifestyle companies that have strong growth potential in China and can benefit from the professional operational knowledge and capabilities of the promoters and management teams. Trinity Acquisition's acquisition intention is a growth-oriented consumer brand targeting the Chinese market and its audience is the rapidly expanding domestic middle class, and tends to be a sports brand or sports-related brand. Trinity Acquisition hopes to reap the dividends of the digital economy, bullish on sports tech, sports media, online sports apparel retailers and eSports. The latest prospectus stated that, although it may be looking for special purpose acquisition company M&A targets in any business or industry, it plans to focus on a global consumer lifestyle that has strong growth potential in China and can benefit from the professional operating knowledge and capabilities of the promoters and management team. company. Among the three promoters, Li Ning, Lion Capital and Astrapto own 33%, 42% and 25% of all issued Class B shares, respectively. In the management structure of Trinity Acquisition, Mr. Li Ning serves as chairman, Jiang Jiaqiang, founder of Lion Capital, serves as co-CEO and CFO, and Zhou Zhiyang, managing partner of Astrapto, serves as co-CEO.

[1stnewslink]

Stock Market LIVE Updates: Financials, pharma and auto stocks lead rally. IT stocks under selling pressure. CDSL jumps 12%. InfoEdge slips 4%

Gains in banking and auto stocks spiked Sensex and Nifty today as a smaller-than-expected spike in retail inflation in June helped ease concerns about a slowdown amid a rally in global stocks. HDFC, ICICI Bank, Sun Pharma, NTPC, and Axis Bank were among Nifty’s top winners. Adani Ports and HCL Tech were each down 1%. The Nifty Real Estate Index rose 0.78% while the Nifty Infra Index rose 0.49%. Both indices should rise for the third time in a row and have gained over 25.4% and 20.2% respectively this year.

!1 new updateClick here for the latest updates

India Vix volatility meter drops 2%

DuPont in talks to acquire an interest in Ion Exchange; Share jumps over 5%

Stock screener

Search, select and invest in top stocks

Ceat partners with Tata Power to build a proprietary solar array for the Mumbai facility

Price as of 07/13/2021 2:13 pm, Click on company names to see their live prices.

Nifty Bank is up 1.5%. Here are the top winners

Price as of 07/13/2021 2:06 pm, Click on company names to see their live prices.

GR Infra with a gray market premium of 55%; Allocation is expected tomorrow

Candle screener

Discover and examine trading opportunities

Yield on ten-year Chinese bonds drops to 2.93%, lowest value since July 2020

Shri Bajrang Power and Ispat are filing Rs 700-cr IPO papers

Integrated steel company Shri Bajrang Power and Ispat Ltd has filed preliminary papers with Sebi Capital Markets Authority to raise Rs 700 crore through an initial share sale. The IPO will consist of the issuance of shares of up to Rs 700 crore in accordance with the draft Red Hering Prospectus (DRHP).

Top gainer in a pharma pack

Price as of 07/13/2021 12:40 p.m., Click on company names to see their live prices.

Godrej Properties, DLF, Prestige Estates among the top ideas in the real estate package

NTPC REL Builds Country First Green Hydrogen Mobility Project; Increase by 2%

State-run electricity giant NTPC said Tuesday its branch, NTPC REL, will set up the country’s first green hydrogen mobility project in Ladakh. “NTPC REL, a wholly-owned subsidiary of NTPC, signed a letter of intent with the Union Territory of Ladakh to establish the country’s first green hydrogen mobility project in the region,” said a company statement.

According to Dr. Reddy’s, Sputnik V soft has been introduced in over 50 cities in India

Dr. Reddys Laboratories Ltd, which launched Russian COVID-19 vaccine Sputnik V here on May 14, has expanded the pilot to over 50 other cities in the country.

The rupee gained 14 paises in early trading to reach 74.44 against the US dollar

The Indian rupee rose 14 paises to 74.44 against the US dollar in early trading on Tuesday, following a steady trend in the domestic stock market. On the interbank currency exchange, the domestic unit opened at 74.49 against the dollar, then rose to 74.44 and posted a gain of 14 paise from its previous closing price.

Srei Equipment Finance acquires 2.08% stake in Eros International Media

Srei Equipment Finance has pledged 20 lakh shares, which together make up 2.08 percent of the shares in Eros International Media. “The company has pledged the shares of Eros International Media in accordance with the provisions of the pledge agreement dated July 3, 2017,” said Srei Equipment Finance in an official application.

Top winner in the property basket

Price as of 07/13/2021 10:06 am, Click on company names to see their live prices.

Sunteck Realty Shares Up 9% After Strong Q1 Update

The property developer has reported a 74 percent year-over-year increase in bookings to 176 billion rupees for the June quarter of 2021 through the performance of its middle-income, affordable housing projects.

Q1 results today

Mindtree, Tata Metaliks, Shree Ganesh Remedies, Deccan Health Care and Gagan Gases will announce their quarterly results today.

All of Nifty’s sector indices are green. Nifty Realty Index Up 1.5%, Nifty Bank Up 0.6%

The news from the inflation front is positive: the consumer price index for June is 6.26 percent compared to an expectation of 6.5 percent. This gives the RBI leeway to continue the accommodative mode to further strengthen the bulls. While staying invested in quality stocks, investors shouldn’t get swept up in the exuberance of the market, especially with small caps

– VK Vijayakumar, Chief Investment Strategist at Geojit Financial Services

Top winners and losers in the broader market

Sunteck Realty, Tanla Platforms, Edelweiss Financial, Bharat Forge, Oberoi Realty and Prestige Estate were winners in the area, while Dalmia Bharat, Voda Idea, Indiamart Intermesh, Vakrangee, PNB Housing and Westlife Developments were under selling pressure.

ICICI Bank, HDFC and Bajaj Finance each gain over 1%

Opening Bell: Sensex up 250 points, Nifty at 15,770; ICICI Bank, DLF gain 1% each

Pre-open session: Sensex wins 50 points, Nifty over 15,750

SGX Nifty signals a starting gap

Nifty Futures on the Singapore Exchange traded 115.50 points, or 0.74 percent, higher at 15,803.50, suggesting Dalal Street was heading for a gap-up start on Tuesday.

Tech View: Refined, directionless, stay neutral

Monday was another flat close day for Nifty50 thanks to profit bookings at higher levels. The index failed to break through the strong resistance zones. Analysts advised traders to be neutral in such a directionless market. The 15,750-15,790 zone will be the main hurdle zone to watch out for.

Oil is rising on expectations that US crude stocks will fall

Oil rose Tuesday and rebounded from the previous day’s decline as expectations of a further decline in US crude oil inventories outweighed fears that the spread of COVID-19 variants could undo a global economic recovery. Brent crude rose 25 cents, or 0.3%, to $ 75.41 a barrel in September after losing 0.5% on Monday. US WTI crude was at $ 74.33 a barrel in August, up 23 cents, or 0.3%, after falling 0.6% the previous day.

Hong Kong stocks rise at opening at

Hong Kong stocks started on the front foot on Tuesday morning and continued the previous day’s gains as global markets resumed their uptrend after last week’s volatility. The Hang Seng Index rose 0.65 percent, or 178.79 points, to 27,694.03. The benchmark Shanghai Composite Index was hardly moved and fell by 0.25 points to 3,547.59 points.

Japan stocks open higher as global rallies continue

Tokyo’s benchmark Nikkei index opened higher on Tuesday amid global rallies on renewed economic optimism despite concerns over the ongoing pandemic. The Nikkei 225 rose 0.61 percent, or 173.00 points, to 28,742.02, while the broader Topix index rose 0.54 percent, or 10.50 points, to 1,963.83.

US stocks settled at record highs

US stocks hit new highs on Monday as investors waited for the start of the second quarter reporting season and a range of economic data. The Dow Jones Industrial Average rose 0.36% to end at 34,996.18 points, while the S&P500 index rose 0.35% to 4,384.63 points. The Nasdaq Composite was up 0.21% to 14,733.24. All three closed at the highest level ever.

Rupee expects 6 paises higher at 74.58 against the dollar

The rupee trimmed some of its initial gains to settle 6 paise higher at 74.58 against the US dollar on Monday, capturing gains in most regional currencies and possible inflows related to an upcoming IPO. In the interbank foreign exchange market, the rupee opened at 74.49, hit an intraday high of 74.40 and a low of 74.59. It eventually ended at 74.58, 6 paise higher than its last close.

Sensex, Nifty on Monday

The stock benchmarks Sensex and Nifty slipped from the daily highs in the closing hours to a flat end on Monday as profit bookings mostly in IT and metal stocks outweighed frantic buying at bank counters. The BSE Sensex posted its third straight loss, ending 13.50 points, or 0.03 percent, lower at 52,372.69. The index fluctuated nearly 500 points during the day, hitting a high of 52,700.51 and a low of 52,208.96.

Good morning, dear reader! Here is something to start your day of trading

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