2 Burst results for "China Dong Dong"
"china dong dong" Discussed on Bloomberg Radio New York
"Manufacturer is freaked out. Around tariffs on automobiles because the price point is so big we all know that are extremely disruptive to the industry extremely expensive to the industry. Most likely not the economy into some sort of recession because it's very inflationary on this subject of trade. Bloomberg is hearing a deal with Canada on NAFTA is unlikely this week Doug and from the Bloomberg terminal Telecom Italia is said to be considering a bid for Nextel in Brazil in Hong Kong. It looks like it's going to be a big day for may two on Dion ping shares in the Chinese ecommerce company are climbing in the gray market ahead of their debut. We have more from Bloomberg's Yvonne man. China's second largest tech startup is attempting what could be the second-biggest take IPO ever here. In Hong Kong, the Chinese restaurant review and delivery giant is said to have attracted personal investments from Hong Kong's richest person Li Ka-shing matrons chairman Wong. She is attempting to transform the company into a super light ten cents we chat, and once they have to take care of everything from digital payments to travel booking and bike rentals revenue at the company climbed one hundred and sixty one percent last year after more than tripling in two thousand sixteen in Hong Kong. I'm Yvonne man, Bloomberg daybreak Asia. Amazon is said to be considering opening as many as three thousand Amazon goes stores in the next few years. Bloomberg Spencer Sopa calls this a huge push for the company. Amazon. Go is really this cashier Lewis store where you can go in and take what you want and leave without having a standard align or pay. Anybody is the most distinctive all of the things that's tried. And so now what we're seeing that they want to really put all of their horsepower behind this. And really expand. The cashier store around the country Amazon already has several Amazon guys in Seattle and elsewhere. So I thought I have a small selection of groceries along with salads and sandwiches. It sort of makes it like a seven eleven without the gas. Well, a unit of China's h and a group is apparently backed away from plans to buy most of the ecommerce company. China Dong Dong, we have the story from Bloomberg's Rishaad Salamat. A billion dollar deal is no more is ladies acquisition terminated as h NA faces pressure to sell everything outside of its aviation routes, the unit agent eight technology pulled out of what it called changes in internal policy and the market environment. AJ was wants to the forefront of China's global buying binge. It now plans to unload more than seventeen billion dollars in assets. According to a tally by Bloomberg including its holdings in Deutsche Bank. It all go, I'm Rishaad Salamat, Bloomberg daybreak Asia. All right. Let's get a check of all the global news with Ed Baxter in San Francisco. Ed. All right. Thank you. Juliette? South Korean president moon. Jae and says North Korea's agreed to the first step toward denuclearization. US? Secretary of state Mike Pompeo has responded he wants to engage immediately. President moon says North Korea for the first time has agreed to dismantle Don Chong re missile to engine and launch pads to the presence of international experts. Hung kit. President moon also saying North Korea's agreed to take additional measures such as a permanent dismantling Nangahar nuclear facility, if their corresponding measures from the US now what those measures are has not been disclosed. But President Donald Trump says he's happy..
"china dong dong" Discussed on Bloomberg Radio New York
"It is Wednesday seven thirty pm on the eastern seaboard of the United States. I'm Rishaad Scylla. And I'm Doug krizner at Bloomberg world headquarters in New York at the top of the hour. We're going to get cash markets up and running in Tokyo, Sydney, and Seoul, we had a slightly weaker dollar yen strength, which is weighing on futures. For the Nikkei the Chicago contract has is down about forty points. Relative to where we closed in the cash market yesterday in Japan a wild day for many of the wheat stocks here in the states. And we're also hearing the President Trump. May nominate Nelly Leong to the feds board. We'll be talking with Bryan Curtis. More about that story and markets coming up in a moment right now. This hour's top business stories. Yep. We are hearing Amazon is considering plans to open as many as three thousand cashier stools by twenty twenty one. It got any has just a few ghost tours in Seattle and elsewhere this could threaten convenience chains such as seven eleven and a unit of China's H N A is now scrapping its plan. This was a one point one billion dollar purchase for most of the ecommerce company. China Dong Dong h and had been trying to unload assets after coming under some governor scrub government scrutiny Beijing apparently not happy for the way in which went on a massive overseas. Buying spree and racked up huge amounts of debt doing it. Yep. And big day. We got the might to on the paying listing says the comas company climbing in the gray market ahead of that stock debut for this tech company could be one of the biggest tech IP as ever in Hong Kong, the Chinese restaurant review in delivery, giant is said to have attracted personal investments in luminaries, including the territories richest person Lea Shing here in the states. It was a nice start for X financial shares in the Chinese company up more than twenty six percent on their first day of trading. These are ADR's American depositary receipts. The story from Bloomberg's Ramy Inocencio trading in the Shenzhen-based fintech company was halted twice during trading today because of sharp price movements that's after rising as much as one hundred sixteen percent earlier in today's session ex-financial financial pitches itself as on the cutting edge in a rapidly growing market, and it's the latest in a parade of Chinese texts debut in the US thirteen. Listed here this year and eight or trading above offering prices if x holds onto today's twenty six percent gains would be the fifth best debut among them behind cute hotel up one hundred twenty eight percent, suddenly how and Pinto door up. Forty one percent. And Julia up thirty four Ramy Inocencio, Bloomberg daybreak Asia. Right. Well, let's look at what we had for the SNP index as well. Making it two in a row for the benchmark. Let's get doesn't Bloomberg's Charlie Pellett in this Wall Street wrap American equities edged higher treasuries declined as investors assessed the latest developments in the very trade disputes Ashwin. Alan Carr is global head of asset allocation of China's capital, we'll trade rewards escalate to something more perilous likely not because everybody knows in a trade war. Sure. There are some winners and there are some losers. But ultimately, everyone is worse off so trade wars, or is it a risk which is really going to manifest itself in the worst case scenario, probably not the S and P five hundred index picked up three points up one tenth of one percent. Dow Industrial's up one hundred fifty eight that was an advance of six tenths of one percent. But NASDAQ slumped six points down by about one tenth of one percent in New York. Charlie pellett. Bloomberg daybreak Asia. We're at thirty four past the hour. Bryan Curtis is here. So in the Wednesday session in Asia. Brian the Asia Pacific index was up more than one percent is it likely we're going to see positive continuation. What do you think? Well, the futures are suggesting some modest gains today. Not quite so exciting as the past couple of days, but I see three really interesting new angles here in the last few days, which I'm sure you guys talked about with your guest. I know I did in the first hour one is that non US equities rally around the world, and that's even with no obvious improvement in China. So that's something. That's new we had the equities rally outside the US, but only on really positive news on trade. And we also have financials finally rallying. We had the the F up one point seven percent in stocks like J P Morgan Chase and CitiGroup up three percenters. So so that's kind of new they've lagged the whole year. And Thirdly that investors are not spooked by this bump up in yields. You've got the yield on the ten year. Now three point zero six percent. And that is part of the reason that the financials have rallied, but it hasn't really caused any negative impact on the rest of the market. So. I think these past couple of days, very interesting. Indeed, we had a wild ride for for marijuana stocks. As you mentioned a little bit of Reefer madness as the put it I mentioned the case of till Ray, it nearly double then gave it all up and then finished forty percent higher. That's pretty wild day. I think it was suspended four times today. President Trump plans to nominate Nelly Leon a former fed economist to the central bank's board of governors. She's currently a senior fellow at the Brookings Institution. So we've got Nikkei futures flat and Australia flat, but China up and also Hong Kong up. So that may help power the day today. And right now, the dollar yen's at one twelve thirty one ratio video. Yep. There are claims of the first steps toward denuclearization on the Korean peninsula. Ready to be taken Beck says go global news in the Bloomberg nine.