This was written by Hoang Minh – Cambridge Econ Student and me Just Eat Takeaway (JET), a European food delivery service, announced to buy Grubhub for $7.3 billion on June 10, 2020. This deal would allow JET to set a foothold in the United States and create one of the world’s largest meal-delivery companies as…
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Ep 131: EU and China coming to an agreement on investment
What’s going on? The EU and China are close to reaching a business investment deal as Brussels (Belgium) seeks to flatten the playing field for European companies operating in the Chinese market. For EU The talks are seen as a core part of EU’s strategy for managing increasingly tense trade relations with China. The pact…
Ep 130: The establishment of VNX
What’s going on? The Prime Minister has issued Decision No. 37/2020/QD-TTg to establish the Vietnam Stock Exchange (Vietnam Exchange) that takes effect from February 20, 2021. VNX follows the parent-subsidiary model based on the reorganization of the Hanoi Stock Exchange (HNX) and the Ho Chi Minh City Stock Exchange (HoSE). VNX as an entity VNX…
Ep 129: Behind the hype in Techcombank stock
What’s going on? Affecting the VN-Index and VN30, Techcombank (TCB) became a powerful stock, orienting the flow of banking stocks and the whole market. From the beginning of October 2020, TCB has been traded in large volumes, matching up to tens of millions of units/day. All securities companies offer a maximum margin trading limit of…
Ep 128: Vietnam Steel Industry: Rising demand and Fierce competition
What’s going on? The demand for Steel in Vietnam is expected to grow with positive macroeconomics signals, capital outflows from China, and newly-signed free trade agreements. Along with that, competition appears to be sharper with the strong growth of Hoa Phat and the shrinking of Pomina and Vinakyoei. The rising demand drivers Volume Steel consumption…
Ep 127: The US Economic aid package
What’s going on? Despite taking more than half a year and deteriorating of some many economic indicators, the US government finally put together a $900 billion coronavirus economic aid package. What does this mean? It’ll become the second-biggest economic rescue measure in the US’s history – second only to the $2 trillion aid package passed…
Ep 126: No more IPO
What’s going on? US regulators approved a ruling that will allow companies to raise money by listing directly on the NYSE. In a direct listing, a company floats its shares on an exchange without hiring IBs to underwrite the transaction as an IPO. In addition to saving on fees, companies that follow the direct listing…
Ep 125: Airbnb’s official IPO
What’s going on? Airbnb finally moved onto the stock market and its shares initially more than doubled. What does this mean? Although the pandemic has made life difficult for Airbnb, but it surprised everyone by actually turning a profit, thanks to the trend of day trips. Airbnb thought it was about time to go public…
Ep 124: Vaccines elevates investments in ETFs
What’s going on? Investments in ETFs in Europe reached their highest levels since December 2019. An exchange traded fund (ETF) is a basket of securities that trade on an exchange, just like a stock. What does this mean? Investors have been celebrating the potential coronavirus vaccines by loading up on stocks: ETFs in Europe: raked…
Ep 123: General Motors boosts Electric vehicles
What’s going on? General Motors (GM) announced it’ll boost its spending on electric vehicles (EV) through 2025. What does this mean? 30 news EVs by 2025 are GM’s goal when investing a total of $27 billion. Further radius than Tesla: since most of GM’s new vehicles will feature its upcoming Ultium battery cells, they’ll reportedly…
with HT 