Little point in continuing to talk. Global news, 24 hours a day, on air and on quicktake by bloomberg, powered by more than 2700 journalists and analysts in more than 120 countries. Im karina mitchell. This is bloomberg. Rishaad carrie lam with a lengthy policy address on wednesday. She laid out her vision for greater integration with the mainland. Benefiting from its proximity to the mainland and longstanding support, hong kongs Economic Development will be given new impetus. The key is to somehow open up the border with china, because we are part of china, and the homecoming hong kong economy was not just set for domestic consumption. It was really set for 1. 4 billion people across the border. In any case, most of the key Investment Decisions will be driven by how china is operating and the Big Companies in hong kong are all chinese oriented. So i dont really think a policy address will be of that much difference to investors as it might be elsewhere. Stephen engle has been covering
A single offense many years ago since then i mean obviously from the that just shows how little trust we have in our own criminal Justice System. Friday the 14th of february welcome to the program live from the r. T. International World News Center is kevin oh in here with his latest update for you and we started with this one 1st the 3rd has chimed in with claims accusing the world chemical weapons watchdog of creating an atmosphere of intimidation during the o. P. C. W. s investigation into the alleged chlorine attack in the syrian city of duma in april 28th. The years are server the most stressful and unpleasant ones of my life i feel ashamed for the organization and im glad i left it so a reductive email given to investigative news website the gray zone project highlights issues of integrity cheering the probe it follows revelations by 2 other watchdog employees stressing the same issue they also question the findings of the final o. P. C. W. Report which in effect pin the blame on
Were getting closer. It moved up a little since we spoke a few minutes ago, so we reindicated the range, 33 to 36. And its about 10 to 15 million shares in that range that are paring off and it narrowed to 3 from 4. So i think its shaping up and we dont as we said before, we dont know how much is actually going to be sold right now, but 10 to 15 is not a shockingly large number. Its a well, it depends on how you look at it in the context of the number of shares that are eligible to sell, its about, you know, in the 10 range. But thats fairly typical, 10 for an ipo, and this is not an ipo, its a direct listing. Whats amazing to me, it doesnt matter, direct listing, ipo, whatever you want to call it, this year ipos are tending to price toward the high end and open above this is happening here if we take 33 to 36, pick a number 34 if it might open, thats 30 over the Reference Price average ipo in my experience, maybe would open 10 higher on a good day weve seen ipos routinely opening 20 h
Thats the point where we see intervention. Some saying that 160 could be the in the sand. Certainly its the question of how meaningful and house of santa, how effective would any sort of Government Intervention be when youve got that ongoing cap between the fed and the boj . What we are seeing here for equities at the start of the day is a little bit of pressure, following what happened on wall street overnight because we had the s p 500 on its longest losing streak in several months. Really big tech bearing the brunt of that. Earnings and focus, given we have a number of big tech names reporting over the coming days. That could leave clues on the health of the u. S. Economy. Also whether we will see any sort of big ai led rally sustaining the momentum. Lets chains on. Take a look at whats happening in korea to start the day here. The korean won firm are here against the greenback. Six tense of 1 . Broadly, equities just modestly in positive territory. Fx has been a big talking point.
The American Enterprise institute beginning at 1 30 p. M. Eastern here on cspan2. Cspan, created by americas Cable Companies this 1979, brought to you as a Public Service by your television provider. Host and best selling author tom standage has a new book out, and its called writing on the wall. Tom standage, what do cicero and twitter have in common . Guest well, the idea of the book is that social media is a very old idea. We think that its recent and only people alive today have ever done it. But really what im arguing is theres a very long and rich tradition of social media that goes back to the era of cicero, so thats the First Century b. C. , and the point is that you dont need a Digital Network to do social media. If you have one, it goes faster, but you could actually do it in the old days. Cicero did it with papyrus rolls and ore members other members of the roman elites were linked to him and all spoke to each other, and its very much a social environment. But there are many