NetEase prices its $2.7 billion listing in Hong Kong with shares to start trading on June 11

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NetEase prices its $2.7 billion listing in Hong Kong with shares to start trading on June 11

NetEase has priced its upcoming secondary listing in Hong Kong at $123 Hong Kong dollars per share. The Chinese internet giant will issue 171,480,000 new ordinary shares as part of its offering, which means it will raise $21.09 billion Hong Kong dollars …
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ASX shares could be the best way to grow your wealth in 2020

I think that ASX shares could be the best way to grow your wealth in 2020. When you look at S&P/ASX 200 Index (ASX: XJO) you can see that it’s still down by around 16% from the pre-coronavirus high. So when you think about how low the interest rate now is …
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GoAir fires pilot over hate tweet, employee says case of mistaken identity

Budget airline GoAir has fired a trainee pilot for alleged hate tweets allegedly from an account by his name. However, the employee said that he has been wrongfully terminated, as it was a tweet by another person of the same name. A Twitter account of Asif …
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Instant View: Japan's economy set for worst postwar slump despite capex gains in first-quarter GDP

TOKYO (Reuters) – Japan’s economy shrank less than initially estimated in the first quarter, revised data showed on Monday, but the broad impact from the coronavirus crisis is still expected to send the country deeper into recession. FILE PHOTO: Japan’s …
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Singapore Airlines secures $1 billion additional credit after rights issue

(Reuters) – Singapore Airlines Ltd (SIAL.SI) said on Monday that it had secured about $1 billion in credit facilities, in addition to the S$8.8 billion ($6.32 billion) it recently raised from a rights issue, to help it weather the COVID-19 pandemic. Global airlines have …
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