Hong Kong Stocks: Samsonite Shares Plunge on Dual Listing Plans

In major news on Hong Kong stocks, Samsonite International S.A (HK:1910) shares ... expand its reach to investors in other key markets, which is crucial for its global expansion and business ... Read More

Samsonite Plans Dual Listing

Samsonite is planning another listing ... would increase the liquidity of the company’s shares, expand its global reach, and drive business growth, the world’s largest distributor of lifestyle ... Read More

Samsonite dual-listing plan prompts 12% slump in shares

Samsonite said the dual listing was aimed at increasing the liquidity of its ... share dilution," Citi Research said in a client note. Indeed, the shares slumped as much as 12% after the news. Read More

Samsonite shares tumble in Hong Kong as surprise dual-listing plan douses take-private speculation

The firm said a dual-listing plan would increase its stock liquidity and reach investors in markets that are an important part of its network and growth drivers for its business ... he said. Samsonite ... Read More

An accounting firm hired to vet Truth Social's financials quit after less than a year because it no longer wanted to be linked to Trump: FT

WithumSmith+Brown resigned as Trump Media & Technology Group's auditor, just a few months after they were appointed in 2021, per the Financial Times. Read More

FOX BUSINESS

FOX Business host Larry Kudlow calls ... on whether to join the United Auto Workers after rejecting the UAW twice before. United Airlines noted in its latest earnings report released this week ... Read More

Endeavor to Be Taken Private Three Years After IPO

Private equity firm Silver ... shares, stockholders will receive $27.50 per share, and will value the owner of WME at $13 billion. By Erik Hayden Executive Editor, Business After three years ... Read More

Trump Media shares plunge after company reports $58 million loss in 2023

Former President Trump’s social media company plunged in the stock market after reporting ... The price of a share dropped to $48.66 by the end of trading Monday, falling $13.30 from its opening ... Read More

Transportation News

Showcase your company news with guaranteed exposure both in print ... facing unprecedented challenges. DBJ's Small Business… Diversity, equity & inclusion are not just features of a strong ... Read More

Xiaomi Shares Jump After Launch of Its First Electric Vehicle

Xiaomi, a Beijing-based company better known for its smartphones, last week launched its SU7 four-door sedan with a lower-than-expected starting price of around $30,000. Photo: pau barrena/Agence ... Read More

Samsonite dual-listing plan prompts 12% slump in shares

(Reuters) -Shares of Samsonite International dropped as much as 12% to their lowest level in almost a month on the Hong Kong stock exchange after the luggage maker said on Friday it plans to seek ... Read More