Prosus Further Reduces Stake in Delivery Hero; Hong Kong Hedge Fund Aspex Acquires Shares for 335 Million Euros

Gelonghui, May 11 | Prosus NV, a major shareholder of Delivery Hero and Tencent (0700), announced the sale of a 5% stake in Delivery Hero to Hong Kong-based hedge fund Aspex. Prosus sold approximately 15,188,300 shares of Delivery Hero at 22 euros per share, raising about 335 million euros (approximately 3.08 billion Hong Kong dollars). The price represents a premium of approximately 10% over Delivery Hero's closing price of 19.99 euros last Friday. It is reported that Prosus has completed the reduction.

Gelonghui FinanceMay 11 15:59

U.S. Stock Market Close | Stalemate in negotiations reignites market panic, with the S&P 500 and Nasdaq Composite posting their largest single-day declines since the start of the conflict; tech stocks plummet, NVIDIA down over 4%, Tesla down over 3%; both

According to CCTV's evening report, the capital of Iran, Tehran, was hit by airstrikes. Reports indicate that the United States has developed a 'final blow' plan, potentially involving ground warfare; Iran has warned that if there is a ground invasion, the Mandeb Strait will be the next target. Market sentiment fluctuated accordingly: Brent crude oil rose over 4% intraday, trading at $101.40. Spot gold fell by 1.2%, and silver dropped by 6%. U.S. stocks initially declined but rebounded later, with the Nasdaq trimming losses to 0.8%, while memory chip stocks and Chinese concept stocks generally fell. Asian stock markets remained sluggish, with the South Korean Composite Index closing down 3%.

wallstreetcnMar 27 07:06

European Stocks: Mixed Performance in Early Trading; German DAX Down 0.5%, Underperforms as Software Giant SAP Faces Pressure

European stocks showed mixed performance at the start of trading as U.S. President Trump postponed the deadline for lifting sanctions on Iran's Hormuz Strait, which led to market caution after a rise in European stocks overnight. The Eurozone has just released the final March Purchasing Managers' Index (PMI), with the manufacturing PMI significantly surpassing expectations, while the services and overall PMI fell short of forecasts. The pan-European STOXX 600 index rose by 0.3 points or less than 0.1%, closing at 577.08 points; the UK FTSE 100 index increased by 11 points or 0.1%, reaching 9,905 points; the French CAC 40 index gained 8 points or 0.1%, ending at 7,734 points; and the German DAX index dropped by 103 points or 0.5%, quoting at

AASTOCKSMar 24 17:04

European Equities: Early Gains in European Markets, Banking Stocks Perform Well as Prosus Rises 1%

European stocks edged higher in early trading on Wednesday (18th), following an agreement reached between Iraq, the Kurds, and Turkey to allow oil exports through their territory, which led to a pullback in international oil prices and bolstered risk appetite. Market participants awaited the outcome of the Federal Reserve’s interest rate decision, while the Eurozone was set to release its final inflation figures later. The pan-European STOXX 600 Index rose by 0.4%, reaching 604.66 points; the UK FTSE 100 Index climbed 11 points, or 0.1%, to 10,415 points; the French CAC 40 Index gained 48 points, or 0.6%, to 8,022 points; the German DAX Index advanced 107 points, or 0.5%, to 23,838 points; and the Spanish IBEX 35 Index also moved higher.

AASTOCKSMar 18 16:56

Largest YTD Losses Among Mid-cap Software Stocks With a Profitability Grades

Seeking AlphaFeb 13 23:50

Express News | Prosus Reaches Three-Year Agreement with Amazon Web Services to Advance Artificial Intelligence Applications

BreakingsFeb 4 15:12