{
}
South Korea has imposed fines on JPMorgan Chase, Nomura, and UBS for short selling activities. UBS Group AG, structured around four core businesses—wealth management (50.9% of revenues), investment banking (20.8%), retail and corporate banking (20.2%), and asset management (6.3%)—is set to manage USD 792 billion in deposits and USD 639.8 billion in loans by the end of 2023.
Huawei Cloud has partnered with Merak Capital to enhance the gaming industry in Saudi Arabia by providing technical and business support to gaming startups. Participants in the Exel Gaming Accelerator programme will benefit from cloud infrastructure credits and access to workshops focused on cloud technology.
UBS has named Roche as its preferred Swiss pharmaceutical stock, upgrading its rating to "Buy" and raising the target price from CHF 300 to CHF 338. The firm cites Roche's sustainable growth, driven by strong performances from Vabysmo and Ocrevus, and anticipates significant sales increases from ongoing development projects, including Ocrevus HD and Trontinemab. While Roche's earnings per share growth is projected at 8.1% from 2024 to 2029, slightly below the industry average, UBS remains optimistic about the company's long-term potential and cash flow for acquisitions.
Huawei Technologies is offering interest-free loans for its Luxeed S7 electric sedan, aiming to boost sales after a slow start. Customers can choose between a three-year interest-free loan or a five-year low-interest option. This move follows BYD's announcement of standard smart driving technology in its models, intensifying competition in China's EV market.
Warren Buffett has acknowledged that he has made mistakes with three tech stocks in his investment career. This admission highlights the challenges even seasoned investors face in navigating the rapidly evolving technology sector. Buffett's reflections serve as a reminder of the complexities involved in stock market investments.
UBS anticipates an increase in share sales by Chinese companies in 2025, with a significant focus on IPOs in Hong Kong. Aaron Oh, head of equity capital markets for Asia-Pacific at UBS, shared insights on this trend during an interview on "Bloomberg: The China Show."
UBS anticipates a significant rise in share sales by Chinese companies, particularly in Hong Kong, by 2025. Aaron Oh, head of capital markets for Asia Pacific at UBS, shared insights on the region's IPO prospects during a discussion with David Ingles and Rebecca Choong Wilkins.
UBS has maintained a "Neutral" rating for Rio Tinto, noting that market buyers prefer it over Antofagasta. Analyst Daniel Major, however, favors Antofagasta due to its focus on copper production rather than iron ore.
Xpeng Motors is ramping up its delivery efforts and plans to partner with Huawei to enhance its autonomous driving capabilities, following BYD's recent launch of 21 redesigned models with advanced driver-assistance systems at competitive prices. Xpeng's CEO announced that deliveries of the MONA M03 Max will begin in May, offering top-tier intelligent driving features in the sub-RMB 150,000 segment. Meanwhile, other automakers like Changan and Geely are also responding to BYD's advancements in self-driving technology.
AstraZeneca has been upgraded to a Buy rating from Neutral by UBS, signaling a positive shift in the investment outlook for the company. This upgrade reflects increased confidence in AstraZeneca's performance and potential growth in the market.
Industry Trends
SubCategory
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
south korea imposes fines on jpmorgan chase nomura and ubs for short selling
12:29 13.02.2025
Huawei Cloud and Merak Capital join forces to enhance Saudi gaming sector
12:29 13.02.2025
ubs upgrades roche to preferred pharmaceutical stock with strong growth potential
United States Dollar
Euro
Swiss Franc
Nestlé S.A.
Sanofi
Hoffmann-La Roche AG
Novartis AG
CHE
Show more
12:00 13.02.2025
huawei introduces interest free loans for luxeed s7 electric sedan
11:45 13.02.2025
warren buffett acknowledges mistakes with three tech stock investments
11:45 13.02.2025
Chinese companies poised for increased IPO activity in Hong Kong by 2025
11:07 13.02.2025
Chinese IPOs expected to dominate Asia Pacific market by 2025
11:07 13.02.2025
ubs maintains neutral rating on rio tinto while favoring antofagasta
10:57 13.02.2025
xpeng partners with huawei to enhance autonomous driving amid byd competition
10:51 13.02.2025
AstraZeneca receives buy rating upgrade from UBS analysts
10:45 13.02.2025
Trending
Subcategory
Stock Market Updates
Industry Trends
Corporate News
Retail and Consumer Goods
Global Financial Events
Finance Mergers & Acquisitions
Startups & Entrepreneurship
AI Innovations
Central Bank Actions
Government Policies
Funding Rounds & Investments
Market Analysis and Predictions
Industry Mergers & Acquisitions
Banking Regulations
Supply Chain Management
Domestic Politics
AI & Automation Regulations
Global Trade Developments
Government Economic Policies
Emerging Startups
Countries:
Companies:
NVIDIA Corporation
Apple Inc.
Huawei Technologies CO. Ltd.
Tesla, Inc.
The Goldman Sachs Group, Inc.
Citigroup Inc.
Barclays PLC
Wells Fargo & Company
American Express Co
Bank of America Corporation
Tiktok USD
HSBC Holdings plc
Berkshire Hathaway Inc.
International Monetary Fund FUND
HDFC Bank Ltd
Coca-Cola FEMSA, S.A.B. de C.V.
Nintendo Co., Ltd.
Raiffeisen Bank International AG
Pfizer Inc.
VP Bank AG
Currencies:
United States Dollar
Euro
Japanese Yen
Indian Rupee
United Arab Emirates Dirham
Chinese Yuan
Swiss Franc
British Pound Sterling
Offshore Chinese Yuan
Saudi Riyal
Australian Dollar
Brazilian Real
South Korean Won
Hong Kong Dollar
Norwegian Krone
People: