Chinese investors, an increasingly influential force in Hong Kong’s stock market, have been scooping up state-owned enterprises in their recent buying spree. Eight out of the top ten stocks purchased though the trading links with the city this year are SOEs, including Bank of China and CNOOC Ltd., according to data compiled by Bloomberg.
Open FlipShares of Cochin Shipyard Limited (CSL), gained 5.56 per cent to an intraday high & fresh 52-week high of Rs 1,322 per share from its previous closing of Rs 1,252.35 per share. The shares of the company saw a spurt in volume by more than 1.50 times on BSE. Cochin Shipyard Ltd (CSL) is a leading player in the construction of all kinds of vessels,
Open FlipArgentine President Javier Milei’s economic team sees monthly inflation slowing much faster this year than analysts anticipate, a rare insight into his advisers’ projections as he tries to pull the country out of crisis. Milei’s team projects Argentina’s economy will contract 2.8% this year, less than the 3.5% drop seen by more than three dozen analysts polled by the monetary authority.
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