Shares of Lingyi iTech opened 6% higher in the Chinese precision parts maker’s Hong Kong debut on Friday, after the Apple supplier raised about HK$8.3 billion ($1.06 billion) in a share sale in the city.
Global Market: US weekly jobless claims drop more than expected
US unemployment claims saw a sharper-than-expected drop last week, signaling continued labor market strength. Despite this positive sign, a rise in continuing claims suggests employers