Carol and we hit the red carpet to celebrate the bloomberg 50. It is our annual list of those whose 2019 accomplishments stick out. Jason but first, the biggest ipo, saudi aramco. Shares surged to a market value of at their peak. 2 trillion carol a culmination of a fouryear effort from the kingdom. Talking about this, with a lot of questions. One thing to point out. Now it is publicly traded and it it is an ipo, a publicly held company, but only a small percentage, 1. 5 is out there in the public in terms of the company. Reporter the ipo has not turned out the way they expected it to happen. If you remember back to 2016 when they initially announced plans for the ipo, the plan was to sell as much as 5 of the company. What we really have to look at is what is the purpose of the ipo . It is seen as a means of diversifying saudi arabia away from its Oil Dependent economy, to raise money from International Investors and to deploy that on projects outside of the core energy industry. Valuat
Process. Carol and we hit the red carpet to celebrate the bloomberg 50. Our annual list of those that have measurable accomplishments. But first, the biggest ipo, saudi aramco. Shares surge to a market value of 2 trillion. At the peak. Carol a culmination of a fouryear effort from the kingdom. We are in wanted to talk about this. A lot of questions. Now it is publicly traded and it is an ipo but it is only a small there ine, 1. 5 is out the public in terms of the company. Reporter the ipo has not turned out the way they expected it to happen. Back to 2016er when the initially announced plans for the ipo, the plan was to sell shares of the company. What we really have to look at is what is the purpose of the ipo . It is seen as a means of diversifying saudi arabia away from its Oil Dependent economy, to raise money from International Investors and to deploy that on projects outside of the core energy industry. Theevaluation did valuation did not get close to what they wanted but it is a
To celebrate the bloomberg 50. Our annual list of those that have measurable accomplishments. Jason but first, the biggest ipo, saudi aramco. Those shares surge to a market value of 2 trillion. Carol a culmination of a fouryear effort from the kingdom. We are in london to talk about this. A lot of questions. Now it is publicly traded and it is an ipo but it is only a small percentage, 1. 5 is out there in the public in terms of the company. Reporter the ipo has not turned out the way they expected it to happen. If you remember back to 2016 when they initially announced plans for the ipo, the plan was to sell as much as 5 of the company. What we really have to look at is what is the purpose of the ipo . It is seen as a means of diversifying saudi arabia away from its Oil Dependent economy, to raise money from International Investors and to deploy that on projects outside of the core energy industry. Ipothey managed to do the and the valuation did not get close to what they wanted but it
Carol and we hit the red carpet to celebrate the bloomberg 50. It is our annual list of those people whose 2019 measurable accomplishments stand out. Jason all of that still ahead. But first off, the worlds biggest ipo. We are talking saudi aramco. Shares surge to a market value of 2 trillion. That magic 2 trillion come at that peak. Carol a culmination of a fouryear effort from the kingdom. Our correspondent is in london to talk about this. A lot of questions. Now it is publicly traded and it it is an ipo, a publicly held company, but it is only a small 1. 5 that is out there in the public in terms of the company. Nini it is. The ipo has not turned out the way they expected it to happen. If you remember back to 2016 when saudi arabia initially announced plans for the ipo, the plan was to sell as much as 5 of the company. More importantly, what we have to look at is what was the purpose of the ipo. The ipo was seen as a means of diversifying saudi arabia away from its oildependent comp
Police headquarters, not too far away from here. We also have had reports of other protest and tear gas and rubber bullets being fired at various other, seven other locations across hong kong. That is a new strategy over the past few weeks that the protesters have engaged in to keep the police off guard. At the same time they called for a general strike, which has crippled transport and disrupted social disobedience is what they are calling for. It is has it has disrupted subway stations, flights are canceled. This is not something that is going to end. That is what many people in hong kong are asking what is the end game . Carrie lam did speak to the media, but gave no steps she is proposing the end this conflict other than to say the protesters want to ruin hong kong. David whatever the next steps are from the government side, who will take them . Do we have a sense of whether carrie lam is still in charge or is beijing taking a more active role in how to handle this crisis . Stephen