ByteDance Valuation Jumps 66% From Last Year’s Buyback
Investment firm General Atlantic is selling a stake in ByteDance in a deal that values the Chinese social media giant at $550 billion, according to people familiar with the matter. The transaction marks a dramatic increase in the valuation...
ai apps
bytedance
china
douyin
general atlantic
hsg
meta
private equity
secondary market
sequoia capital china
share sale
social media
tiktok
toutiao
valuation
Foreign Portfolio Investors Boost Indian Equities as February Inflows Top Domestic Buying
Foreign inflows into Indian equities are gathering momentum, with overseas investors outpacing domestic institutions in February for the first time in 17 months. The renewed interest comes amid signs of...
artificial intelligence
bloomberg
capital goods
china stocks
earnings
equity markets
financial services
foreign inflows
hong kong stocks
indian equities
msci india
united states trade agreement
valuation
UBS Says Indian IT Sell-Off Is Misread, AI Seen as Opportunity Not Threat
Indian IT stocks may be facing misplaced fears around artificial intelligence, according to UBS, which believes the recent correction in the sector is being misinterpreted by the market.Hartmut Issel, Head of APAC...
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apac equities
artificial intelligence
equity markets
global equities
hartmut issel
india markets
indian it stocks
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ubs
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Steel Authority of India Shares in Focus as Emkay Global Reaffirms Buy, Raises Target to ₹200
Shares of Steel Authority of India Ltd are expected to remain in focus on Wednesday, February 25, after brokerage firm Emkay Global reiterated its Buy rating and raised the stock’s price target by 14...
Mumbai, February 24: India’s benchmark equity indices closed sharply lower on Tuesday, logging their steepest decline in four sessions as heavy selling in banking, infrastructure and information technology stocks weighed on sentiment. Fresh concerns over United States trade policy unsettled...