The driving force behind their evaluation and as we all know, almost all of these companies are having terrible 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 ho
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
Live from new york, at the opening bell, this is business today. Traders tread water on wednesday. Cranking up the voltage on trade tensions. Canada slaps hefty import taxes on electric cars made in china older, wiser, and ready to spend. How businesses are finding a Silver Lining in indias ageing population. Welcome to business today, im Michelle Fleury live from new york. Us markets slip at the open after the record close. More on that any moment. Lets turn our attention to markets, the dow is down two tenths of a percent right now, after the wreck a close yesterday. The snp and nasdaq have not fared so well. Traders are turning away from the Technology Stocks right now. For more on this is the chief market strategist, great to see it this morning. Are you surprised this rally is stalling . What should we read from the dow slipping back slightly . Read from the dow slipping back sliuhtl . ,. , slightly . Good morning, i dont think they slightly . Good morning, i dont think they can
Four confirmed dead at this hour. The cause of this is still unknown. That part of it just beginning. My niece and her husband and her son were on the seventh floor. Im asking everybody to pray for survivors. My nephew was here with his wife and three small children. 2, 6 and 9. You never lose hope. Martha never lose hope. Rachel is among those that are hopeful today as this process continues. Her mom, judy is unaccounted for. Rachel will join us in just a moment. Were watching the minneapolis courtroom team. Chauvin is on the left side of your screen. The former Police Officer convicted in the killing of george floyd is about to find out how many years he will spend behind bars. We may hear from Derek Chauvin for the first time during this process and well watch that live throughout the course of this hour. Thats where we find matt finn. Today is a big day, matt. Martha, Derek Chauvin is looking different. Three members of George Floyds family have given impact statements. The first,
The queens 95th birthday. Welcome to world news america for our viewers in the uk, on pbs, and around the globe. World leaders at the g7 summit in cornwall have begun their first face to face talks in almost two years. The uk Prime Minister borisjohnson urged the group of leading democracies to learn from the mistakes of the pandemic and to build back better to ensure a recovery that helps all of society. The Global Vaccination Campaign and Climate Change are two of the issues at the forefront of discussions among the leaders. Our Political Editor Laura Kuenssberg starts our coverage. Getting to this beautiful and remote part of the country isnt easy. Theyve come from five continents to cornwall. The winding last mile of the journey of the most powerful leaders in the world ended on the beach. Thejohnsons, the british receiving line. Coronavirus kept Prime Ministers and president s and millions of us apart, but now the Prime Minister wants them to pull together, with a huge vow for a b