Previous close | 0.9200 |
Open | 1.0400 |
Bid | 0.0000 |
Ask | 0.0000 |
Strike | 84.00 |
Expiry date | 2024-06-07 |
Day's range | 0.8000 - 1.0800 |
Contract range | N/A |
Volume | |
Open interest | 2.44k |
A bullish bet on a safe haven asset.
Lenovo, the world's largest PC maker, is raising US$2 billion by issuing zero-coupon convertible bonds to a unit of Saudi Arabia's sovereign wealth fund, close on the heels of similar offerings made by e-commerce giants Alibaba and JD.com as issuers seek to lower funding costs. The three-year bonds will pay no interest but give the investor, Alat, a subsidiary of the Saudi Arabia's Public Investment Fund (PIF), the option to convert its holdings into shares at an initial conversion price of HK$1
Investing.com-- Shares of Alibaba Health Information Technology (HK:0241) rose sharply on Tuesday after the firm clocked a sharp jump in its annual earnings on improved margins and strong demand for healthcare services and pharmaceuticals on its platforms.