Tue, 21-Oct-2025

Saudi sovereign fund to become Aston Martin’s no.2 shareholder

Saudi Arabia

Aston Martin announced its intention to raise 653 million pounds ($773.15 million) Saudi Arabia’s sovereign wealth fund will become the second-largest stakeholder with a nearly 17 percent stake. The company aimed to increase its investment to up to 20% by 2023. In a capital raising intended to pay off debt and strengthen its company, Saudi … Read more

Hong Kong trade enrolls HSBC, Tencent to assist

Hong Kong

Hong Kong’s stock trade said on Tuesday. It had enrolled banks including HSBC (HSBA.L). Organizations like China’s Tencent (0700.HK) to assist. Hong Kong Exchanges and Clearing Ltd said in a proclamation that it was setting up the Hong Kong International Carbon Market Council. Overall endeavors to battle environmental change have brought forth willful carbon markets, … Read more