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Are close to sealing a merger agreement, telling employees a final pact is coming within weeks. And shares in the lse group trade higher as shareholders prepare to vote on the 27 billion takeover well, a very good morning and welcome to street signs. One of our top stories today, alibaba has closed almost 7 higher after its hong kong debut, the Largest Global listing so far this year the ecommerce giant listed at a price of 176 hong kong dollars to raise 11. 2 billion in fresh capital. And as part of the ipo, the Chinese Company issued 500 million new ordinary shares. Emily tan is joining us live from hong kong emily, the largest ipo of 2019, quite a stellar postmarket performance with the stock up almost 7 in trading how has the reception been overall . Reporter you know what, juwana, the newcomer to the market today was the most heavily traded in hong kong with 1. 8 billio ....
To 25 to 35 miles per hour, and then well be tracking that approaching storm that will be coming in tomorrow after seeing those high temperatures in the mid60s today. So well get a look at all of that in the forecast coming up and mike, there may be a truck stuck on the bay bridge. Thats why were looking at the emeryville camera turned toward the span, mid span you see San Francisco and the lights in the distance. I dont see any of these lights stopping or bunching up but there have been more. The volume seems to be increasing. Well check around treasure island, reports of a right lane blocked by a garbage truck. No major up dates so well follow with chp and a warning about the bay bridge a crash clears from san jose. Back to you. Breaking news in london, where transit leaders are refusing to renew ubers license to operate, citing several instances that place passengers safety at risk after a report revealed 14,000 trips involving ....
And today were having to talk coming up on afternoon record highes last year live all the sport. According to the world about the issue in cricket. Meteorological organisation. England slip to defeat in the first test against new zealand sadly, not for the first time over but in the process, pace bowler the last few months, jofra archer says he was subjected were talking about racist abuse to racist abuse from an spectator from fans rather joy at the ballot box than the sport itself. As he left the field. Pro democracy supporters celebrate well tell you what he and a as they win overwhelmingly this time its in cricket, in hong kongs local elections. New Zealand Cricket have had to say where england fast bowler the territorys leader carrie lam has said she will reflect seriously on the incident at 2 30. Jofra archer says he was targetted on the clear message sent by voters. Thanks. As he left the field on the final day of englands ....
Thatdominated yesterdays action, that along with chinas currency move. Overnight Chinas Central Bank setting the yuan mid point firmer than many expected. That happened at 9 00. We saw a turnaround in u. S. Equity futures which were down overnight as much as 600 points at the lows. Right now a positive open across the board. S p looking to be up by 11 points dow jones up by 102. The nasdaq looking to recoup 44 points as for u. S. Treasury yields, we saw a 2016 low also. We had the tenyear note at 1. 758 overnight we breached that 1. 7 level. A key level here. We have cnbc reporters everywhere this morning covering the Market Reaction to this escalating trade war willem marx is in london well get to him in a moment, but across the world to china. Eunice yoon is on the ground in beijing. Reporter china strongly opposes being labeled a currency manipulator. The central ban ....