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December 15, 2019
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Cramer: Costco has a China problem โ€” and it’s not tariffs

CNBC
The problem is Shanghai, a city of nearly 25 million people, has only one Costco store, CNBC’s Jim Cramer said. Source link: Click here for more
CNBC Business

Saudi Aramco is called a ‘polarizing stock’ as investors question its independence

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Saudi state-owned oil giant Saudi Aramco is set to become a “polarizing stock,” with analysts flagging corporate governance as a key risk for investors. Source link: Click here for more
CNBC Business

The ‘most difficult’ decision that helped create a $9 billion start-up

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An initial public offering is a signal of success for many entrepreneurs. But for Coupang founder Bom Kim, it was a wake up call to do better. Source link: Click here for more
CNBC Business

Hong Kong is ‘the only option’ for China to connect with overseas markets for now, says expert

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Hong Kong’s edge over China lies in its openness to foreign investors and “strong rule of law,” says Mark Austen of the Asia Securities Industry and Financial Markets Association. Source link: Click here for more
CNBC Business

Black Friday may not save retail’s rough year, but the space still offers promising investments

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Some retail stocks are struggling this year, and while Black Friday sales may not save them, there are still buying opportunities within the group, investing pros say. Source link: Click here for more
CNBC Business

Alibaba shares jump 7% in Hong Kong debut, in world’s largest listing so far in 2019

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Alibaba’s secondary listing in Hong Kong became the world’s largest offering so far in 2019 โ€” larger than the amount raised by Uber in May. Source link: Click here for more
CNBC Business

Stocks making the biggest moves premarket: Foot Locker, Nordstrom, Gap, Zoom Video & more

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Names on the move ahead of the open. Source link: Click here for more
CNBC Business

Alibaba sets price for Hong Kong listing, making it the world’s biggest so far this year

CNBC
Alibaba has set a likely price for shares for institutional investors in its upcoming Hong Kong listing, a source with direct knowledge of the matter told CNBC, representing just under a 3% discount to the U.S. closing price. Source link: Click here for more
CNBC Business

Stocks making the biggest moves premarket: Home Depot, Kohl’s, Disney, Broadcom & more

CNBC
Names on the move ahead of the open. Source link: Click here for more
CNBC Business

Airbnb China president: Localization is key if we want to be successful

CNBC
In an effort to appeal to China’s 1.4 billion people, Airbnb has renamed its platform to Aibiying and hired 500 staff in Beijing. Source link: Click here for more
CNBC Business

Beyond Meat vs Zhenmeat: The battle for China’s meatless market

CNBC
China’s meat substitute industry has seen a surge in interest in recent months, with startups, traditional food businesses and investors betting trend-loving Chinese consumers will take to plant-based protein like their U.S. counterparts. Source link: Click here for more
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Nasdaq exec: A ‘phase one’ trade deal would give the IPO market the certainty it’s looking for

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The U.S.-China trade war has overshadowed Chinese listings in the U.S., but a “phase one” trade deal would go a long way toward removing uncertainties, says the chairman of Nasdaq Asia-Pacific. Source link: Click here for more
CNBC Business

Singles Day sales hit a record high as Chinese buyers rack up their credit card bills

CNBC
A significant portion of sales during this year’s Singles Day shopping event in China came from spending on credit, according to estimates from analysts. Source link: Click here for more
CNBC Business

China throws its weight behind A.I. and blockchain as it aims to be the world’s tech leader

CNBC
At East Tech West, CNBC’s premier technology conference held in the Nansha district of Guangzhou, China, the AI, blockchain, fintech and the future of smartphones will be among the topics discussed. Source link: Click here for more

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