Photo: IC Photo Escalating conflict in the Middle East following U.S. and Israeli strikes on Iran on Feb. 28 could reshape investment flows, potentially directing more Middle Eastern capital toward Asian markets including the Chinese mainland and Hong Kong, a strategist said. The attacks triggered a broad selloff in risk assets, but the longer-term impact may be a reassessment by Gulf investors of...
Photo: IC Photo Escalating conflict in the Middle East following U.S. and Israeli strikes on Iran on Feb. 28 could reshape investment flows, potentially directing more Middle Eastern capital toward Asian markets including the Chinese mainland and Hong Kong, a strategist said. The attacks triggered a broad selloff in risk assets, but the longer-term impact may be a reassessment by Gulf investors of how their overseas assets are allocated, according to Miao Yanliang, chief strategist at China International Capital Corp. Ltd.
Beijing Momenta Technology Co. is said to have filed confidentially for an initial public offering in Hong Kong, adding to a flurry of share sales in the Asian financial hub. The autonomous driving tech startup, which is backed by General Motors ( GM ) and Tencent Holdings (TECHY), is working with China International Capital Corp. ( CNICF ) and Deutsche Bank ( DB ) on the listing, Bloomberg News r...
Beijing Momenta Technology Co. is said to have filed confidentially for an initial public offering in Hong Kong, adding to a flurry of share sales in the Asian financial hub. The autonomous driving tech startup, which is backed by General Motors ( GM ) and Tencent Holdings (TECHY), is working with China International Capital Corp. ( CNICF ) and Deutsche Bank ( DB ) on the listing, Bloomberg News reported. The company has been meeting investors to gauge initial interest in the offering, the report said. More on General Motors, Tencent General Motors: A Downgrade After A Great Ride General Motors Company (GM) Presents at Citi's Global Industrial Tech & Mobility Conference 2026 Transcript Why I'm Putting The Pedal To The Metal On General Motors GM and Ford are top picks at BofA in the 'Year of the Pickup' Tencent snaps six straight sessions of losses
Commentary: China’s New Pragmatism — Trading Speed for Stability in 2026 00:00 00:00 /00:00 您的浏览器不支持 audio 标签。 Listen to this article 1x On March 5, Chinese Premier Li Qiang delivered the annual Government Work Report, offering a pragmatic blueprint for the opening year of China’s 15th Five-Year Plan. Faced with a complex geopolitical landscape and entrenched domestic challenges — ranging from a s...
Commentary: China’s New Pragmatism — Trading Speed for Stability in 2026 00:00 00:00 /00:00 您的浏览器不支持 audio 标签。 Listen to this article 1x On March 5, Chinese Premier Li Qiang delivered the annual Government Work Report, offering a pragmatic blueprint for the opening year of China’s 15th Five-Year Plan. Faced with a complex geopolitical landscape and entrenched domestic challenges — ranging from a structural property slowdown to weak domestic demand — Beijing is dispensing with the illusion of effortless expansion. Instead, the government is marshaling aggressive fiscal tools and strategic technological investments to transition from mere risk containment to proactive, quality-driven growth. You've accessed an article available only to subscribers Subscribe today for just $.99. VIEW OPTIONS Unlock exclusive discounts with a Caixin group subscription — ideal for teams and organizations. Subscribe to both Caixin Global and The Wall Street Journal — for the price of one. Disclaimer This is an AI-generated English rendering of original reporting or commentary published by Caixin Media. In the event of any discrepancies, the Chinese version shall prevail. Share now and your friends will read it for free!
Davide Campari-Milano press release ( DVDCF ): FY Non-GAAP EPS of €0.32. Revenue of €3.05B (-0.6% Y/Y). Outlook: The pace of underlying organic topline growth is set to continue in 2026, on track reaching mid- to high-single-digit revenue expansion as the Group advances towards its mid-term financial objectives, assuming a challenging yet stable operating environment. Profitability remained robust...
Davide Campari-Milano press release ( DVDCF ): FY Non-GAAP EPS of €0.32. Revenue of €3.05B (-0.6% Y/Y). Outlook: The pace of underlying organic topline growth is set to continue in 2026, on track reaching mid- to high-single-digit revenue expansion as the Group advances towards its mid-term financial objectives, assuming a challenging yet stable operating environment. Profitability remained robust, supported by contained organic accretion in adjusted EBIT margin, with a second-half weighting due to the front loading of advertising and promotion investments and the base effect of tariff. The gross margin trajectory is expected to remain moderate, with tailwinds offset by an estimated tariffs impact of approximately €30 million based on current levels. More on Davide Campari-Milano N.V. Davide Campari-Milano N.V. (DVCMY) Q4 2025 Earnings Call Transcript Davide Campari-Milano N.V. 2025 Q4 - Results - Earnings Call Presentation Davide Campari: Contrarian Call Intact As Margins Recover And Portfolio Focus Sharpens Global spirits glut forces producers to idle distilleries and cut prices: FT State of Alcohol: Consumption rates are down; innovation and M&A may be on the rise
metamorworks/iStock via Getty Images By Brian Levitt, Chief Global Market Strategist and Head of Strategy & Insights Before the recent escalation between the US and Iran, I planned to open this month’s Above the Noise on a more personal note. My oldest daughter turns 18 later this month. From the moment my daughters were born (her younger sister is 15), I was warned repeatedly about the teenage ye...
metamorworks/iStock via Getty Images By Brian Levitt, Chief Global Market Strategist and Head of Strategy & Insights Before the recent escalation between the US and Iran, I planned to open this month’s Above the Noise on a more personal note. My oldest daughter turns 18 later this month. From the moment my daughters were born (her younger sister is 15), I was warned repeatedly about the teenage years. There’s simply a lot going on at that age, emotionally, socially, and mentally, much of it beyond their control. That perspective often shapes how I think about markets. There’s always a lot going on. Every cycle brings its own set of worries, shocks, and narratives that test our nerves and demand our attention. The developing conflict between the US and Iran is simply the latest in a long list of events that have unsettled investors over time. With the situation still in its early stages, I want to make three key points. First, history is instructive. Markets have generally proven resilient following geopolitical shocks. Often, stock markets have delivered positive returns in the 12 months after major military events. We examined 11 points in history where we experienced a peak in the Geopolitical Risk Index — from the 1962 Cuban Missile Crisis to the 2023 Israel/Hamas conflict — and the return of the S&P 500 Index 12 months after that peak. In most cases, the stock market rose in the year following peak geopolitical risk, with an average rise of 15.3% across all 11 conflicts. 1 Second, as a market strategist, I always view events like these through a consistent lens. Does this materially change the trajectory of global growth or central bank policy? In most cases, the answer is no. For that to change now, we’d likely need to see a prolonged closure of the Strait of Hormuz, where roughly 20% of the world’s oil supply flows, and a sustained surge in oil prices. 2 Prolonged and sustained are the operative words. While that risk exists, it’s not our base case. Third, the...
A Hong Kong man jailed for allegedly poisoning a pastor’s daughter he was infatuated with was freed on Thursday after a judge overturned his conviction, ruling that his recorded confession had been coerced under threat. The High Court found that Ye Wen-fei, 29, admitted to poisoning the woman with sodium nitrate in 2024 only after her father, a pastor at the NGO Agapeministry, intimidated him into...
A Hong Kong man jailed for allegedly poisoning a pastor’s daughter he was infatuated with was freed on Thursday after a judge overturned his conviction, ruling that his recorded confession had been coerced under threat. The High Court found that Ye Wen-fei, 29, admitted to poisoning the woman with sodium nitrate in 2024 only after her father, a pastor at the NGO Agapeministry, intimidated him into admitting the alleged crime. Ye was released immediately after the judge overturned his conviction and two-year jail term. Advertisement The pastor, who calls himself Moses and is surnamed Law, had warned Ye he would be sent to prison if he did not admit to the alleged crime. During the confrontation, he warned Ye: “You better ‘wash you a**’ and be ready to stay in prison.” Advertisement He even said: “Mate, do not mess with me – Moses Law. If I did not believe in Jesus, I would have knocked you down. You would have at least broken a few bones and had a few teeth taken out.”
Earnings Call Insights: Red Violet, Inc. (RDVT) Q4 2025 Management View Derek Dubner, Chairman & CEO, opened the call noting "a record fourth quarter and a strong finish to 2025," highlighting disciplined execution, sustained momentum, and broad-based demand. He emphasized the adoption of Red Violet's cloud-native intelligence platform and the integration of the identity graph within customer work...
Earnings Call Insights: Red Violet, Inc. (RDVT) Q4 2025 Management View Derek Dubner, Chairman & CEO, opened the call noting "a record fourth quarter and a strong finish to 2025," highlighting disciplined execution, sustained momentum, and broad-based demand. He emphasized the adoption of Red Violet's cloud-native intelligence platform and the integration of the identity graph within customer workflows, stating "the strategic investments we have made over the past 2 years are translating into measurable operating performance." Dubner reported revenue for the quarter was up 20% to $23.4 million, adjusted gross profit of $19.5 million with an 83% margin, adjusted EBITDA of $5.9 million (25% margin), adjusted net income of $3.1 million, and free cash flow of $3.7 million. IDI billable customer base grew by 169 sequentially to 10,022, and FOREWARN added 17,809 users to reach 390,018. The CEO described Red Violet's competitive differentiation, emphasizing proprietary infrastructure: "Our platform is not a front-end application layered on top of a model. It is a full technology stack...all integrated to create and continuously refine a longitudinal identity graph developed and validated over many years." He addressed AI's impact on the industry, asserting "AI strengthens and extends the advantages we have built. It does not replace them," and discussed the company's usage-based revenue model, noting "approximately 90% of our revenue is volume-driven." Daniel MacLachlan, CFO, said "The fourth quarter marked a record finish to an exceptional year for Red Violet, defined by strong revenue growth, expanding margins and meaningful cash generation." He added, "We continue to scale the business both vertically, deepening adoption across existing markets, customers and use cases and horizontally, by introducing new products and expanding into new industries." Outlook MacLachlan reiterated that Red Violet does not provide formal guidance, but said, "we would expect 2026 to continu...
Shanghai Moody Technology Co. is considering a sale that could value the colored contact lens maker at about $1 billion, people familiar with the matter said. The company is working with an adviser and may sound out interest from prospective buyers in the coming months, the people said, asking not to be identified discussing private information. Deliberations are ongoing and no final decisions hav...
Shanghai Moody Technology Co. is considering a sale that could value the colored contact lens maker at about $1 billion, people familiar with the matter said. The company is working with an adviser and may sound out interest from prospective buyers in the coming months, the people said, asking not to be identified discussing private information. Deliberations are ongoing and no final decisions have been made, the people said. A representative for Moody didn’t respond to a request seeking comment. Founded in 2019, Moody is a consumer eyewear and colored‑contact brand focused on cosmetic lenses and related products, according to its website . The company raised more than 1 billion yuan ($145 million) from a latest Series C funding round from 5Y Capital and KKR & Co. in 2021, according to a press release . Other backers include GGV Capital and Hillhouse Investment .
Bessemer Group Inc. boosted its stake in Apple Inc. (NASDAQ:AAPL - Free Report) by 3.6% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 11,943,730 shares of the iPhone maker's stock after purchasing an additional 411,092 shares during the quarter. Apple comprises about 4.7% of Bessemer Group Inc.'s investment portfolio, maki...
Bessemer Group Inc. boosted its stake in Apple Inc. (NASDAQ:AAPL - Free Report) by 3.6% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 11,943,730 shares of the iPhone maker's stock after purchasing an additional 411,092 shares during the quarter. Apple comprises about 4.7% of Bessemer Group Inc.'s investment portfolio, making the stock its 3rd largest holding. Bessemer Group Inc. owned about 0.08% of Apple worth $3,041,234,000 as of its most recent filing with the Securities and Exchange Commission. Get Apple alerts: Sign Up Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Sellwood Investment Partners LLC grew its holdings in Apple by 110.9% during the third quarter. Sellwood Investment Partners LLC now owns 135 shares of the iPhone maker's stock valued at $34,000 after purchasing an additional 71 shares during the period. ROSS JOHNSON & Associates LLC boosted its position in shares of Apple by 1,800.0% during the first quarter. ROSS JOHNSON & Associates LLC now owns 190 shares of the iPhone maker's stock worth $42,000 after purchasing an additional 180 shares in the last quarter. Nexus Investment Management ULC grew its holdings in shares of Apple by 333.3% in the 2nd quarter. Nexus Investment Management ULC now owns 260 shares of the iPhone maker's stock valued at $53,000 after buying an additional 200 shares during the period. LSV Asset Management bought a new stake in shares of Apple in the 4th quarter valued at $65,000. Finally, Morgan Dempsey Capital Management LLC increased its position in shares of Apple by 41.0% in the 2nd quarter. Morgan Dempsey Capital Management LLC now owns 430 shares of the iPhone maker's stock valued at $88,000 after buying an additional 125 shares in the last quarter. Institutional investors own 67.73% of the company's stock. Key Stories Impacting Apple Here are the key news stories impacti...