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Xiong'an New Power led today's stock losers, dropping 18.07% to 6.89 CNY, while several companies faced significant declines in a challenging trading session.
Shanghai Electric Wind Power Group surged 20.04% to 6.59 CNY, leading stock gainers today, with several companies achieving 20% increases amid a positive trading session.
Shenzhen Ysstech surged 20.00% to 20.40 CNY, while Guangdong Green dropped 13.97% to 20.01 CNY, showcasing significant volatility in today’s trading session.
Chinese stocks with high trading volumes saw notable changes, with East Money up 7.74% and OFILM gaining 10.01%, while Hytera declined by 10.01%.
PropertyGuru Group Limited has entered into a definitive merger agreement to be acquired by EQT Private Capital Asia for approximately USD 1.1 billion.
Retail investors have fully subscribed to their allotted quota, while non-institutional and qualified institutional buyers have shown lukewarm interest. The company has raised ₹1,886 crore from anchor investors and plans to use the funds for store expansion, technology, and marketing.
Stephen Bird's departure in May followed a challenging tenure marked by significant client withdrawals and a controversial rebranding. Jason Windsor, who has been serving as interim CEO, is now the leading candidate to take on the role permanently.
On August 1, Nifty closed above 25,000, and Sensex ended higher, buoyed by a surge in energy stocks. The Nifty rose 0.24% to 25,010, while the Sensex gained 0.15% to 81,867.
ACG Acquisition Corp. has extended the deadline for Class A ordinary shareholders to submit redemption requests regarding its Polimetal acquisition. The new deadline is August 13, allowing shareholders more time to review the deal, which includes the purchase of the Gediktepe mine in Turkey and funding for a sulfide expansion project.
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