Caproasia https://validator.w3.org/feed/docs/rss2.html $58 Billion Standard Chartered Bank Reviewing to Setup Gold Vault in Hong Kong & Currently Reviewing Possible Gold Vault Locations, Will Expand Standard Chartered Bank Gold Services from Current Trading Execution & Settlement to Include Physical Gold Storage in Hong Kong Latest Latest Latest Latest Latest Latest Latest Latest Latest Latest Latest Latest Latest Latest Latest Latest Latest Latest Latest Latest Latest Latest Latest Latest Latest Latest China AI Startup DeepSeek Raised $7.4 Billion (CNY 50 Billion) in First Funding Round at $50 Billion Valuation, DeepSeek AI Model Built with $6 Million Funding, Founded in 2023 & Invested Solely by China $14 Billion Quant Hedge Fund High-Flyer Quant, DeepSeek CEO Liang Wenfeng is High-Flyer Quant Co-Founder, High-Flyer Quant Founded in 2015 Relying on Mathematics & AI for Quantitative Investment Latest Saudi Arabia Billionaire Prince Alwaleed bin Talal (Kingdom Holding Company) Fortune Increased to $27 Billion from $20 Billion with $8.5 Billion Stake in SpaceX (Space Exploration Technologies), IPO Increased +49.5% after 3 Days of Trading Since IPO (12/6/26) to $2.7 Trillion Market Value, SpaceX Founded in 2002 by Elon Musk Trillionaire Elon Musk with $1.4 Trillion Fortune Best Friend Antonio Gracias (Valor Equity Partners) Fortune Increased to $24.4 Billion after SpaceX (Space Exploration Technologies) IPO Increased +49.5% after 3 Days of Trading Since IPO (12/6/26) to $2.7 Trillion Market Value, SpaceX Founded in 2002 by Elon Musk Trillionaire Elon Musk Fortune Increased to $1.4 Trillion from $840 Billion after SpaceX (Space Exploration Technologies) Nasdaq IPO Share Price Increased +49.5% after 3 Days of Trading Since IPO (12/6/26) to $2.7 Trillion Market Value, SpaceX Founded in 2002 by Elon Musk Trillionaire Elon Musk with $1.4 Trillion Fortune SpaceX (Space Exploration Technologies) Nasdaq IPO Share Price Increased +49.5% after 3 Days of Trading Since IPO (12/6/26) to $2.7 Trillion Market Value, Raised $85.7 Billion after Underwriters Exercised Greenshoe Option (Initial $75 Billion Raised), SpaceX Founded in 2002 by Elon Musk Japan Top Taxi-Hailing App GO Inc Tokyo IPO Share Price Increased +10% on Day 1 Trading (16/6/26: IPO Price JPY 2,400, Closing JPY 2,640) to $1.3 Billion Market Value & Raised $553 Million in IPO, Launched in 2020 by Mobility Technologies with Merger of Taxi Apps (JapanTaxi & MOV) China Social Media Platform Xiaohongshu Plans Hong Kong IPO at $70 Billion Valuation in 2026, Founded in 2013 by Miranda Qu Fang & Charlwin Mao Wenchao, Xiaohongshu Means Little Red Book, Investors Include HongShan Capital Group, Hillhouse Investment, Boyu Capital, CITIC Capital & DST Global Singapore-Based Healthcare Group Foundation Healthcare Holdings to File for Singapore IPO to Raise $390 Million at $1 Billion Valuation, Founded in 2023 by Liaw Yit Ming & Dr Lee Hong Huei, Investors Include Temasek Subsidiary SeaTown Holdings (SeaTown Private Capital Master Fund) China $13 Billion Metals Mining Company Hong Kong-Listed MMG to Raise $1.6 Billion via $800 Million Share Placement & $800 Million Zero-Coupon Convertible Bonds, Founded in 2009, Largest Shareholder is China State-Owned Enterprise China Minmetals Corporation (CMC), Current Market Value at $13.2 Billion, Share Price -6.5% YTD, +143% Last 12 Months & +167.4% Last 5 Years Latest Latest United States $44 Billion Fast-Food Giant Yum! Brands Sells Pizza Hut for $2.7 Billion in 2 Transactions with 1) Pizza Hut (Exclude Mainland China) for $1.5 Billion to United States $1.8 Billion Private Equity Firm LongRange Capital & 2) Pizza Hut Mainland China for $1.2 Billion to $15 Billion China Restaurant Giant Yum China Holdings, Pizza Hut Founded in 1958 by Brothers Dan Carney & Frank Carney World Largest Asset Manager $14 Trillion BlackRock Reviewing to Buy Singapore 304-Room Hotel (Capri by Fraser China Square) for $257 Million (S$330 Million) Representing $850,000 (S$1.1 Million) Per Key with 69.5 Years Remaining Lease, Developed by Frasers Property & Opened in 2019 European Central Bank (ECB) Reviewing 20+ Banks on Exposure to Private Credit, Banks with Large Exposure Include Deutsche Bank, Barclays, BNP Paribas & HSBC UK $207 Billion Wealth Manager Rathbones Group Voluntarily Stops Taking New Clients for 1 Year & Stops Investments for Existing High-Risk Clients after Independent Review Commissioned by UK Financial Conduct Authority (FCA), Will Suspend Investment Management Fees from 2026 July, Expects 2 Years to Address Recommended Improvements, Current Market Value at $2 Billion, Share Price -16.8% in 1 Day, -15.2% YTD, -2.3% Last 12 Months & -15.6% Last 5 Years Bankrupt Property Giant China Evergrande with $300 Billion Debts: Liquidators Request Hong Kong Court to Review & Void $127 Million (HKD 1 Billion) Minority Shareholder Compensation Deal for Misconduct Arranged by Hong Kong  SFC & PwC Hong Kong, China Evergrande Liquidators States Hong Kong SFC Lacks Authority for Market Misconduct Claim as the Deal Placed Shareholder Claims Above Creditors Claims (China Evergrande Liabilities Exceeds Assets & Thus Shareholders Will Have No Payout) United States Short-Sell Hedge Fund Grizzly Research Released Report in 2026 April on Close to 40% Evergreen Funds Valuation Mismarked by Switzerland $185 Billion Private Markets Asset Manager Partners Group, Partners Group Issued Statement of Frivolous, Defamatory & Highly Misleading Report and Evaluating Legal Actions, Partners Group Current Market Value at $24 Billion, Share Price -30.5% YTD, -29.4% Last 12 Months & -47.4% Last 5 Years Switzerland $185 Billion Private Markets Asset Manager Partners Group Co-Founder Urs Wietlisbach (Age 64, Switzerland Citizen) with $3 Billion Fortune Setup Independent Family Office Unit Within Partners Group 3 Founders Multi-Family Office PG3 (Setup in 2013), Partners Group Founded in 1996 by 3 ex-Goldman Sachs Bankers Marcel Erni, Alfred Gantner & Urs Wietlisbach, Current Market Value at $24 Billion, Share Price -30.5% YTD, -29.4% Last 12 Months & -47.4% Last 5 Years World Largest Asset Manager $14 Trillion BlackRock Cuts 200 Jobs Representing 0.9% of 22,000 Global Workforce, BlackRock Reported in 2026 January to Cut 250 Jobs Representing 1.1% of 22,000 Global Workforce, Current Market Value at $171 Billion, Share Price -3% YTD, +7.1% Last 12 Months & +25.2% Last 5 Years Germany Government (Finance Agency) with 12% Stake in Germany $47 Billion Commerzbank Rejects Italy 2nd Largest Bank $136 Billion UniCredit Buyout Offer of Commerzbank at $45 Billion (€39 Billion) in All-Share Deal Latest Latest