May 20, 2022

Putting Zuckerberg’s billion-dollar wipeout into perspective

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From Newsmax For many of the world’s richest people, losing $15.1 billion in five minutes would be a wipeout. For Mark Zuckerberg, it’s just about a sixth of his net worth. His fortune tumbled 17 percent in the first five minutes of trading Thursday, as shares of the social media giant (FB) slid 18 percent […]

China unveils plan for overseas-listed tech giants to float shares back home

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From Asian Review NIKKEI SHANGHAI (Dow Jones) — The Chinese government on Friday unveiled a pilot plan to encourage qualified companies in select industries to float shares on its domestic stock market, paving the way for the country’s technology giants to list at home. Overseas-listed Chinese companies in advanced technology sectors with market capitalizations of […]