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HSH CEO: China Shows Resilience for Luxury Hotels

Benjamin Vuchot, CEO of The Hongkong and Shanghai Hotels, sees luxury travel as being more resilient as tourists return to China and Hong Kong. He speaks exclusively on "Bloomberg: The China Show." (Source: Bloomberg)

We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.

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SK hynix-Backed SPC Becomes Kioxia’s Largest Shareholder

As the largest shareholder of Kioxia Holdings (formerly Toshiba Memory), an enterprise dedicated to NAND flash and heralded as the pride of Japanese semiconductors, changes hands, South Korea’s SK…

  • SK hynix becomes Kioxia's largest shareholder, surpassing former major stakeholder Toshiba.
  • SK hynix holds majority of SPC2's voting rights, pending antitrust approvals.
  • Demand for NAND flash memory drives SK hynix's growing influence in Kioxia.

Asset Managers Reject ETF After-Hours Market Plan

The planned introduction of an after-hours market for exchange-traded funds (ETFs), scheduled on Sep. 14 and set to run from 4 p.m.

  • Asset managers unanimously reject after-hours ETF market plan.
  • Concerns over price calculation uncertainty and risk management.
  • Overheating in leveraged ETF speculation burdens authorities.

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