CATL Share Sale Pressures HK Premium, Boosting Popular Trade

A blockbuster share sale by Contemporary Amperex Technology Co. Ltd. is poised to further chip away at the unusually high premium on the company’s Hong Kong-listed shares, potentially bringing them closer in line with its Shenzhen stock, analysts said.

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Bloomberg Markets

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Lilly’s stock rallies as sales of GLP-1 drugs nearly double

Sales of Mounjaro and Zepbound both beat expectations

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Europe’s Banks Earmark $710 Million to Brace for Iran War Impact

Europe’s top banks have set aside hundreds of millions of euros to shield against a financial impact from the Iran war, highlighting how the economic risks for the region are on the rise.

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