By SIMON CONSTABLE
Listen here.
John and I discuss the mess that is China’s economy. The country’s demand for key industrial materials has fallen and prices are falling. Its not a good sign.
By SIMON CONSTABLE
Until 2014, American companies dominated the bulk of U.S. tech-company IPOs. Then came the initial public offering of China-based Alibaba in September 2014, raising $21.8 billion — making it the world’s largest IPO at the time. (It was surpassed in 2019 by Aramco.)
On Day 1 of the stock trading in the U.S., Alibaba’s share price closed at $93.89, which was 38% higher than the opening price of $68. Why so successful?
The stock peaked in October 2020 when it had gained over 250% excluding dividends, Yahoo data shows. Since then, share prices slid to $78 recently. Read more here.
By SIMON CONSTABLE
Listen here.
Until 2014, American companies dominated the bulk of U.S. tech-company IPOs. Then came the initial public offering of China-based Alibaba in September 2014, raising $21.8 billion — making it the world’s largest IPO at the time. (It was surpassed in 2019 by Aramco.)
On Day 1 of the stock trading in the U.S., Alibaba’s share price closed at $93.89, which was 38% higher than the opening price of $68. .
The stock peaked in October 2020 when it had gained over 250% excluding dividends, Yahoo data shows. Since then, share prices slid to $78 recently. Read more here.
By SIMON CONSTABLE
John and I discuss British-born author Patrick O’Brian who lived in French coastal town Collioure for more than half a century. He’s the author a series of books about Britain’s Royal Navy.
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