Core Insights - Dow Inc. is a leading U.S.-based materials-science and chemical company with a market capitalization of $17 billion, providing solutions across various industries including packaging, construction, automotive, and consumer goods [1][2] Company Overview - Dow is classified as a "large-cap stock" due to its market cap exceeding $10 billion, highlighting its size and influence in the materials sector [2] - The company focuses on materials innovation, performance, and sustainability, offering foundational solutions for thousands of end-products globally [2] Stock Performance - Dow's stock is currently trading approximately 46.1% below its 52-week high of $44.04, with a 45.8% decline over the past 52 weeks and a 40.8% drop year to date [3][4] - In contrast, the S&P 500 Index has increased by 13.2% over the past year and 16.5% in 2025, indicating significant underperformance by Dow's stock [4] Recent Earnings and Market Reaction - On October 23, Dow's stock surged nearly 13% following the release of third-quarter earnings, despite missing revenue expectations with sales of $9.97 billion [5] - The stock rally was attributed to a narrower-than-expected adjusted loss of $0.19 per share and effective cost-cutting measures, with the company securing over half of its targeted $6.5 billion in near-term cash support [5] - Increased production volumes from new polyethylene and alkoxylation facilities along the U.S. Gulf Coast contributed to margin improvement [5]

Core Viewpoint - Hong Kong Investment Corp (HKIC) has appointed 10 asset managers to manage at least HK$3 billion (US$385 million) under its enhanced cash-for-residency scheme, aimed at supporting the long-term development of Hong Kong's economy and society [1][5]. Group 1: Asset Managers and Their Background - The appointed asset managers include notable firms such as Value Partners and Primavera Capital, with Primavera's founder being a former Goldman Sachs executive [2][4]. - Other managers in the portfolio are Abax Global Capital, Beyond Ventures, CMC Capital, FirstLight Capital, Hidden Hill Capital, M Capital, Polymer Capital, and Trustar Capital/Citic Capital [3]. Group 2: Investment Themes and Proposals - The asset managers presented concrete development plans for Hong Kong, focusing on investment themes such as artificial intelligence applications, sustainable technologies, materials science, and biotechnology [4]. - The New Capital Investment Entrant Scheme (New CIES) requires applicants to invest a minimum of HK$30 million, including HK$3 million for the CIES investment portfolio [4]. Group 3: Scheme Objectives and Implementation - The CIES investment portfolio aims to nurture home-grown asset managers with commercial and strategic potential, emphasizing the importance of local expertise [5]. - The asset managers will share the capital evenly and are expected to commence operations in the first quarter of 2026, with HKIC monitoring their activities closely [5].

Very excited about our progress on materials! Super cool work, come join the AI for Science team.Simon Batzner (@simonbatzner):Our team at DeepMind is growing (again). 🚀We're tackling grand challenges in semiconductors, magnets, energy materials, superconductors, and beyond.Join us! Two positions below. ...

Work in immunology, quantum computing and materials science was recognised in the 2025 Nobel prizes. Our correspondents break down the science, on “Babbage” https://t.co/dCyhDzvzFe ...

The invention of materials that can carry drugs, decontaminate oil spills and conjure water from thin air won the 2025 Nobel prize in chemistry. Hear more on “Babbage” https://t.co/YZTcjApiLY ...

The invention of materials that can carry drugs, decontaminate oil spills and conjure water from thin air won the 2025 Nobel prize in chemistry. Hear more on “Babbage” https://t.co/IQ7RBKbADR ...