Hong Kong will roll out several measures with the aim of becoming an international trading center for gold and other commodities, Financial Secretary Paul Chan wrote in his blog Sunday.
Policymakers plan to increase gold inventory facilities and accelerate the development of related businesses, such as trading, insurance and logistics, according to Chan. The city’s government will also expand gold-related derivatives trading to satisfy mortgage and hedging needs.
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1. Jack Ma's Shift in Share Plans:
Jack Ma's family trusts reconsider selling 10 million Alibaba shares.
Planned disposal impacted Alibaba's stock, despite good quarterly results.
Jack Ma intends to retain his Alibaba stake, citing undervaluation.
The company declared a $1 cash dividend for the quarter.
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2. Upcoming IPOs for CATL and SHEIN:
CATL, a leading EV battery supplier, co...

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DBS: China Tower Corp Ltd – Buy Target Price HK$1.30 - Alpha Edge Investing
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