Evaluations right now. With not having a lot of positive sentiment coming from us investors, the companies obviously are trying to figure out how to appeal to a new set of investors that can offer a better valuation or recognise better valuation. So obviously asia based investors understand the company better, they understand china better. They are less worried about the environment in china in general again, more from a political and trade perspective as opposed to the economy, certainly the economy in china is not great. But to those investors buying in hong kong, there s not enough buying power, not enough ability to change the valuation relative to this big anchor, which is the adr positions. So, upgrading it to a dual primary gives it the ability, for first of all for money to come in from the mainland through the connects and various channels like that, and then, the hong kong traded stock can start influencing the us adrs rather than vice versa. What are the main challenges they
Having a lot of positive sentiment coming from us investors, the companies obviously are trying to figure out how to appeal to a new set of investors that can offer a better valuation or recognise better valuation or recognise better valuation. So obviously asia based investors understand the company better, they understand china better. They are less worried about the environment in china in general again from a political and trade perspective as opposed to the economy certainly the economy in china is not great. But to those investors buying in hong kong, not enough buying power, not enough ability to change the valuation relative to this big anchor, which is the adr positions. So upgrading it to a dual primary gives it the ability forfirst it to a dual primary gives it the ability for first of all for money to come in from the mainland through the connects and various channels like that, and various channels like that, and then the hong kong traded stock can start influencing the us
Yesterday. It ended with new records for the s p 500 and the nasdaq, check out this nasdaq, up 86 points, three quarters of a percent, s p 500 up 12 points at 34, 43, unchartered territory. Violence erupting in wisconsin for a third night in a row, the gun battle in the streets leaving two people dead. Weve got the latest. Hurricane laura a category 2 storm, it is gaining strength, barreling towards texas and louisiana. Well take you live to the gulf coast this morning. How far did it go . New details in mcdonalds investigation into steve easterbrook, examining if he and other employees covered up misconduct. Peloton ready for the ipo, giving investors a look at its finances. Finding your happy place, the surprising spot more americans are going to relax. Mornings with maria is live right now. European markets this morning are mixed, take a look at the fq100, down 9 points, the cac is up 8, the dax in germany up 60 right now, about one half of 1 . In asia overnight markets were split,
And the u. S. Keep talking trade, we dont know when this thing ends or how much further it goes. Sit back and enjoy the ride, today is august 25, the dow of 378, yesterday up another 150th opening bell today, the s p record high close up some more this morning. The nasdaq looks like its going to be down a few points. Were going to show you apple, premarket trading worth 2. 15 trillion and there is speculation that there is iphone production to mexico, more of that in a moment. At the convention the republicans attacked the biden harris ticket as a looming disaster. Dynamic speeches from tim scott and nikki haley and the president as surprise appearance and a vocal audience preview will see it. Day two, melania speaks tonight, rand paul, eric and tiffany trump, you will see that too. I gotta say this, our heart goes out to louisiana, mississippi, texas and neighboring states. Marco faded but here comes laura. Landfall probably tomorrow, could be a cat two or three storm the people of ga