72% of retail CFD accounts lose money. Plus500 enables traders to enjoy cross-device CFD trading with 0 commission.Embattled retailer Suning.com eyes private equity assets in turnaround bid as billionaire founder loses grip on group
Suning.com, once China’s dominant retailer of home appliances, is planning to buy unspecified assets from a local private equity fund to revive the group, after forays in football clubs and other businesses drained cash. The firm is holding talks to buy some companies from a fund backed by Shenzhen Capital Group, it said in an exchange filing on Wednesday, without disclosing the details. The purchase will be funded by issuing new shares and partly by cash, it added.
Hong Kong’s embattled Apple Daily will close after 26 years in circulation, printing its final edition on Thursday and immediately stopping online publication following a national security law crackdown on the tabloid-style newspaper. “Apple Daily is not perfect, but what will Hong Kong be like without us?” the paper said in an open letter to readers as its print run surged to 1 million for its last-ever edition. “We thank our readers for joining us. We have fought a good war.
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