Core Insights - The Hong Kong stock exchange experienced its busiest debut day since July, with four stocks beginning trading, indicating a continued bull run in the IPO market [1] Company Summaries - Deepexi Technology's shares doubled to HK$56.50 from an offer price of HK$26.66, marking it as the biggest gainer on debut [2] - Bama Tea's stock increased by 60% from its offer price of HK$50 to HK$80.10 [2] - CIG Shanghai's shares rose 36.5% to HK$94 from an offer price of HK$68.88 [2] - Sany Heavy Industry's shares began trading at HK$21.30, unchanged from the offer price, raising HK$13.45 billion (US$1.73 billion) in Hong Kong's third-largest IPO this year [3] Market Context - Sany Heavy Industry's chairman highlighted the significance of the listing in Hong Kong as a recognition of the company's growth and an opportunity for broader international financing [4] - Sany, already listed in Shanghai, priced its shares at the top of the offer range and partially exercised its over-allotment option, adding 51.17 million shares to the original 580.42 million shares planned for sale [5] - The IPO attracted 23 cornerstone investors, including Temasek Holdings, Hillhouse Investment, and BlackRock, who committed approximately US$759 million and agreed to hold shares for six months [6] - The retail portion of Sany's offering was oversubscribed by 52 times, while the institutional tranche was oversubscribed 13 times [6]

Accessibility StatementSkip Navigation MEDFORD, Ore., Oct. 28, 2025 /PRNewswire/ -- Lithia & Driveway (NYSE: LAD) today announced two milestones that underscore its continued growth and commitment to excellence across its dealership network. Southwest Regional ExpansionLAD acquired Anaheim Hyundai, Huntington Beach Hyundai, and Garden Grove Hyundai in Orange County. This strategic purchase increases the density of LAD's network and increases the company's import mix in Southern California, bringing in an es ...

Core Viewpoint - Quantum computing stocks have recently experienced significant losses as investors adjust their expectations regarding the technology's viability as a competitive alternative [1] Group 1: Quantum Computing Stocks - Pure play quantum computing stocks like IonQ, Rigetti Computing, and D-Wave Quantum have gained popularity but are considered long-shot investments [2] - Alphabet is suggested as a more stable investment alternative in the quantum computing sector, despite being a well-known company [3] Group 2: Alphabet's Leadership in Quantum Computing - Alphabet has demonstrated leadership in quantum computing, recently showcasing its Willow quantum computing chip, which ran a verifiable algorithm 13,000 times faster than traditional computers on a 105-qubit system [5][6] - The company is positioned to outperform its pure-play competitors in the quantum computing space [7] Group 3: Financial Strength and Investment Capability - Alphabet possesses substantial financial resources, generating approximately $66 billion in free cash flow over the past year, allowing for significant investment in quantum computing [9][11] - In contrast, competitors like IonQ reported only $20.7 million in revenue for Q2 and have limited cash reserves, highlighting Alphabet's competitive advantage [11][12] Group 4: Investment Risk Profile - Unlike pure-play quantum computing companies, which represent high-risk, all-or-nothing investments, Alphabet's diversified business model reduces overall investment risk [13][14] - Alphabet's strong advertising and cloud computing businesses provide a safety net, making it a more reliable investment choice in the quantum computing sector [14]

Core Viewpoint - Cisco and G42 announced a significant expansion of their collaboration to enhance secure AI infrastructure in the UAE, demonstrating Cisco's commitment to digital advancements in the region [1][4]. Collaboration Details - Cisco will power and secure a large-scale AI cluster deployed by G42, utilizing AMD's MI350X GPUs, integrating a full-stack secure AI infrastructure [2][7]. - Cisco will serve as the technology integrator within G42's Regulated Technology Environment (RTE), ensuring high levels of protection and governance for advanced compute infrastructure [3][10]. Strategic Importance - This collaboration is part of the broader US-UAE AI Acceleration Partnership, which aims to advance bilateral technology goals, including significant projects like the 1GW Stargate UAE cluster and the 5GW UAE-US AI technology campus [4][5]. - The partnership aims to address the gap in GPU capacity, as 92% of UAE organizations plan to deploy AI agents, but only 25% currently have robust GPU capacity [6]. Infrastructure and Technology - Cisco's end-to-end AI-ready data center solution will include Cisco UCS 885A servers with AMD MI350X GPUs, high-speed Nexus 9K 800G switches, and advanced security measures [9]. - The collaboration will enhance G42's network of trusted US technology partners, reinforcing a model based on transparency and accountability [10]. Leadership Statements - G42's CEO emphasized the collaboration as a deepening of trust and technological alignment between the US and UAE, focusing on building secure and compliant AI infrastructure [5]. - Cisco's CEO highlighted the partnership's role in powering the UAE's next wave of AI innovation and its significance in the UAE's digital transformation journey [5].

Statkraft will disclose the third quarter results for 2025 on Thursday 30 October 2025 at 08:00 a.m. CET. The documents will be available on Statkraft’s website www.statkraft.com and Oslo Stock Exchange’s news service www.newsweb.no. WebcastAt 09:30 a.m. CEST, Statkraft will present the results via webcast at www.statkraft.com. The presentation will be held in English. Contact: Arild Ratikainen, Investor Contact, tlf.: +47 971 74 132, e-mail: arild.ratikainen@statkraft.com ...

The central bank's three-year bid to shrink its asset portfolio comes up against signs of funding pressures in overnight lending markets. ...

Hong Kong's financial sector has seen strong growth in the number of women taking up senior positions and board directorships in recent years, driven by regulatory changes and corporate initiatives promoting gender diversity, according to a survey released on Tuesday. Women held 45 per cent of senior leadership roles - namely CEO, managing director and executives within three reporting levels below - in banks, asset management firms, insurance companies and fintech firms in the city, according to a joint ...

Westinghouse Electric Company, Cameco Corporation and Brookfield Asset Management entered a partnership with the United States government to build at least $80 billion worth of new nuclear reactors across the country, the companies said on Tuesday. ...

Hemab Therapeutics has concluded an oversubscribed Series C funding round, raising $157m to further develop therapies for bleeding disorders. The investment round was spearheaded by Sofinnova Partners and saw contributions from a global asset management company. New investors, along with a sovereign wealth fund and Avoro Capital Advisors, joined the round, with continued support from existing stakeholders Access Biotechnology, Avoro Ventures, Deep Track Capital, Invus, Maj Invest Equity, Novo Holdings, R ...

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