AI Bias Analysis
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Contemporary Amperex Technology Co. Ltd. has priced its $5 billion Hong Kong share placement at the bottom of the marketed range, according to terms of the deal seen by Bloomberg News.
Source
Bloomberg Markets
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Shares of Contemporary Amperex Technology (CATL) declined 8.5% after the EV battery giant unveiled plans for a roughly $5 billion equity placement in Hong Kong.
They have bought more than $1 billion worth of shares so far this month.
China has decided to block Meta Platforms Inc.’s $2 billion acquisition of agentic AI startup Manus, a surprise move to unwind a controversial deal that’s drawn fire for the leakage of technology to the US. Bloomberg's Nectar Gan has the latest. (Source: Bloomberg)
Government bond yields are set to stay higher for longer as the Iran war keeps inflation elevated, according to BlackRock Investment Institute.
