Super Micro Computer CEO Charles Liang at the Computex conference in Taipei, Taiwan, on June 5, 2024. Annabelle Chih | Bloomberg | Getty Images Super Micro Computer joined the Nasdaq 100 in July. Five months later, it’s out, and the stock is down 8% on the news. Nasdaq said late Friday that Super Micro is … Read more
Shang Fulin, the former regulator of mainland China’s banking and securities sectors, has urged relevant authorities to loosen their grip on equity financing to bolster technological innovation. The role of China’s stock market must be played up to help investors and entrepreneurs better assess company valuations, mitigate risks and boost transactions, he told the Bund … Read more
The government on Wednesday stipulated a 10% public shareholding requirement for companies listing on recognized stock exchanges at the International Financial Services Centre (IFSC), lower than the 25% needed for those choosing bourses elsewhere. The move, experts said, is aimed at wooing more and more firms to list on the exchanges in IFSC, a deemed … Read more
The guidelines will be effective from July 1, 2024, says the Securities and Exchange Board of India. If an outage occurs on one exchange, market hours will remain unchanged on unaffected exchange Sebi on Monday came out with a standard operating procedure (SOP) asking stock exchanges having commodity derivatives segment to inform about trading disruptions … Read more
Canadian clothing maker Gildan Activewear said on Tuesday that its board has decided to put the company up for sale following a review by a special committee. The embattled Montreal-based company says it received a non-binding expression of interest from a potential purchaser that it did not name. It mandated investment banks RBC Capital Markets and Goldman Sachs Group … Read more
