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
Dips below 15 as of right now the icu capacity in the bay area is at 25. 4 . At this rate, the stay at home order could go into effect by the end of the month delay to stay at home order will last 3 weeks in closed several businesses, including bars which are pretty much already closed. Wineries hair salons and barbershops retail can remain open. But at 20 capacity. Restaurants are only allowed to offer takeout yeah, this is owners they are sounding off on the possibility of another shutdown we spoke today with the manager of a day spa. In downtown lafayette. She says the governors announcement is already confusing her clients. A lot of our clients by canceling theyre trying to get in sooner before the closure happens. Businesses like this day spa were forced to close for the first several months of the pandemic Restaurant Owners in San Francisco are on edge about the fate of Outdoor Dining some restaurants are apparently getting calls tonight that. Suggests Outdoor Dining could be shu
Financial Services Subcommittee hearing on creating a federal pandemic Risk Insurance program. Even when they are not recognized by the chair. Members are also reminded that they are responsible for muting and unmuting themselves, and to admit themselves after they are finished speaking. Consistent with the regulation accompanying house rest 965, staff will only mute members and witnesses as appropriate. When not recognized to avoid any background noise. Members are reminded that all house rules relating to order and the corn to this remote hearing. History is entitled insuring against a pandemic, challenges and solutions for policyholders and insurers. And i now recognize myself for three minutes to give an opening statement. According to the Congressional Research service, 110 Million People worldwide could enter a state of extreme poverty due to the Global Economic contraction, and here in the United States 657 Million People have filed for Unemployment Insurance since march of this
A series of islam is attacks in france and austria. Frances president calls for a coordinated campaign against terrorism and better for protection and there until 10, thanks for joining us. Peru has sworn in a new president just one day after i was in their former leader amid corruption allegations, former head of congress. Manual merino will carry out the remainder of the current president ial term, which is set to expire in july next year. The change has been met with protests and distrust by many peruvians who see president martin this car as removal as an overt power grab. The new leader brady, to take on the mantle of palla mine Manuel Arturo martino de lama swear by god, by the country, and by all peruvians, that i will faithfully exercise the office of president of the republic. But outside the congress in the capital, lima. People do not believe in him. Manuel merino is perus 3rd president in just 4 years. The former congress has taken over the top job at the height of the pand