Of the 21 IPOs since December 1, 19 shares returned between 9% and 160% on their debut. After the positive start, 17 are trading below their opening prices.
Asian stocks opened cautiously as traders assessed strained China-Japan relations and upcoming central bank decisions. Investor caution grew regarding the AI rally’s sustainability, with markets
China’s central bank continued its gold accumulation for the 13th consecutive month, adding 30,000 troy ounces in November. This sustained buying, which began in November
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