Bring in a head on the air hes an Investment Analyst at the share center and joins us now from london it will be the biggest i. P. O. Of all time but the saudis were planning to make much more from the sale why did they have to pay back their expectations. Well i think their expectations were ultimately slightly high to try and valued the overall. Business 2 trillion to me was partly a vanity project very valued and when they were when they were asking the overseas investors to get involved it was lukewarm pretty much of what he said that its going to be 2 trillion is far too much more realistic valuation now seems to be around the 1. 00 trillion to 1. 00 trillion but even then i think the market in general Still Believes that that could still be slightly on the high side so i think you know just adjusted to reality to a certain degree was the valuation the only reason that International Investors stayed away. Well i think not necessarily i mean what youve got to look at is the Saudi A
Welcome to news asia its good to have you with us. On the streets of hong kong has forced its government to sit up and listen the government has been drawn a controversial extradition bill thats bought months of protests in the chinese started 3 chief executive cathy made the announcement today 1st the government will formally with shoulder bill in order to fully allay public concerns the secretary for security will move a motion according to the rules of procedure when the Legislative Council recently. That though doesnt seem to have made much of a difference but prodemocracy activists yes how they reacted. To candy land that confession is still calling to thank you and you too late the damage is done to god and who still believe that he will call it a shooting fish he can use is from god the impulse to pretend and hell find it thats not again to be the sceptical 5 p. Models that we. 3 months ago operate the clear event paradigm a step one of them on which i showed that with the power
Welcome to news asia its good to have you with us over the past 3 months pictures such as these have come to define hong kong hundreds of thousands of residents demanding greater autonomy for their city but there are other pictures as well of defined hong kong like these violence on the city Streets Police clashing with protesters more than 1300 arrests have been made since june and that the 70 people have been charged with the offense of writing an offense that carries a 10 year. 10 years in prison for demanding rights that for promised way back in 1970. 2 much did have a corresponding. The shore new Hong Kong Legislature has been a hot spot of the antigovernment protests daniel chan has spent a lot of time here but that could change soon daniel not his real name was arrested and charged with rioting in july he faces up to 10 years behind bars now about liable holiday the moment i was arrested i was very calm i was thinking about what i needed to do in a situation but when i was told
The iconic 123 year old American Steel company and said its vital that the company remain owned and operated in the states. This is a big deal and notjust politically. Nippon steel is set to pay 14. 9 billion to acquire the us giant. But politically, this is territory President Biden knows well. He has cast himself as a champion of the Working Class and called himself the most pro Union President in history. He made headlines for walking the picket line with striking Auto Union Workers last fall. Unionised steelworkers could lend the president support in his election bid. They form the largest industrial union. And for his part, donald trump pledged to block the deal if he takes the white house again. They agreed that Foreign Ownership would leave the us vulnerable when it comes to prioritising their own defence and infrastructure. Its bound to become a topic of conversation between key allies when japanese conversation between key allies whenjapanese Prime Minister when japanese Prime
American Steel Company and said its vital that the company remain owned and operated in the states. This is a big deal and notjust politically. And not just politically. Nippon and notjust politically. Nippon steel is said to pay 14. 9 billion to acquire us giant. But politically, this is territory President Biden knows too well. He is custom self as a champion of the Working Class and called themselves the most prounion president in history. He made headlines for walking the picket line with striking order Union Workers last fall. Unionised steelworkers could land the president support in his election bid, the North American Lustrous Union and for its part, former President Donald Trump pledged to block the deal if he retakes the white house. The president of the United Steelworkers International welcome to the coal from International Welcome to the coalfrom biden on International Welcome to the coal from biden on thursday, agreeing that Foreign Ownership will leave the us more honour