These articles were first published on April 8, 1966. Quiet day explodes into violence by SCMP reporter After a quiet but tense day, Kowloon and New Kowloon last night were again in the grip of riotous mobs, who roamed the streets of Mong Kok and Yau Ma Tei uncontrolled, stoning buses and cars, setting fires to vehicles and buildings and challenging police and troops. For seven hours, they ran wil...
These articles were first published on April 8, 1966. Quiet day explodes into violence by SCMP reporter After a quiet but tense day, Kowloon and New Kowloon last night were again in the grip of riotous mobs, who roamed the streets of Mong Kok and Yau Ma Tei uncontrolled, stoning buses and cars, setting fires to vehicles and buildings and challenging police and troops. For seven hours, they ran wild until two hours after the reimposition of the curfew when an uneasy quiet again returned. The...
China’s abundant renewable power and government support could bring a once prohibitively expensive green energy solution into the mainstream – hydrogen. Extensive access to low-cost solar and wind power could let the country produce huge quantities of hydrogen in an environmentally friendly and affordable manner. The government is also stoking demand for the zero-emission fuel, potentially creatin...
China’s abundant renewable power and government support could bring a once prohibitively expensive green energy solution into the mainstream – hydrogen. Extensive access to low-cost solar and wind power could let the country produce huge quantities of hydrogen in an environmentally friendly and affordable manner. The government is also stoking demand for the zero-emission fuel, potentially creating incentives for investors to put money into the infrastructure needed for production and...
An online influencer in China known as Godmother of sexual intelligence, who was banned on social media earlier this year, has reappeared online to sell her controversial courses. Zhou Yuan, who lives in central Hunan province, teaches women to enhance their sexual appeal. She is alleged to have earned 24 million yuan (US$3.5 million) from selling her on and offline courses, Red Star News reported...
An online influencer in China known as Godmother of sexual intelligence, who was banned on social media earlier this year, has reappeared online to sell her controversial courses. Zhou Yuan, who lives in central Hunan province, teaches women to enhance their sexual appeal. She is alleged to have earned 24 million yuan (US$3.5 million) from selling her on and offline courses, Red Star News reported. Zhou’s account, with 200,000 followers, was banned in January for promoting “vulgar...
akinbostanci/E+ via Getty Images Assertio Overview My last look at Assertio ( ASRT ) was in September 2023. A key company product, Indocin, faced new generic competition. But Assertio was no stranger to generic entries and had a few products to offset some losses from Indocin. Back then, Assertio was growing net product sales by 13% and was cash generative. When I wrote this piece, the stock was a...
akinbostanci/E+ via Getty Images Assertio Overview My last look at Assertio ( ASRT ) was in September 2023. A key company product, Indocin, faced new generic competition. But Assertio was no stranger to generic entries and had a few products to offset some losses from Indocin. Back then, Assertio was growing net product sales by 13% and was cash generative. When I wrote this piece, the stock was amid a large drop. After reaching >$100/share just months earlier, ASRT traded in the $40s (Note: there was a 1-for-15 reverse stock split in December). I rated ASRT a "Hold," but cautioned that "potential further decline" was possible "despite sparkling valuation metrics." As is often the case in the stock market, "cheap" stocks are "cheap" for good reason and have a tendency to stay "cheap." Indeed, ASRT has fallen another 61% versus S&P 500 ( SPY ) gains of 46%. Zooming in, ASRT has, however, rallied 90% in the past year. Data by YCharts Below, I take another look to see if there remains "wind behind Assertio's back." Recent Performance I always pay close attention to Seeking Alpha's Quant ratings, and ASRT ranks 32 overall out of 4266 tickers . Again, ASRT sports a sparkling "A-" grade on Valuation. Its P/E Non-GAAP (forward) is just 5.11. The sector (Health Care) median is 17.14. ASRT also earns good scores in Growth (B; 81% YoY EBITDA Growth), Profitability (B-; Gross Profit Margin 70.19%), and Momentum (aka "stock performance"). What does this all mean? I'd argue that a P/E of 5.11 signals that the market expects earnings to collapse further. Assertio has not been able to offset the losses of its most profitable product, Indocin. Author's Compilation Recall that Rolvedon was an acquired asset. It is quickly becoming "all Assertio has." Rolvedon now accounts for ~58% of total revenue. Any pricing pressure or market share loss for Rolvedon could leave Assertio with very little. Moreover, Assertio's FY25 performance requires some nuance. It was artificially buoyed by a "...
A drone view of oil storage containers and facilities of the TotalEnergies refinery in the Leuna Chemical Complex, in Leuna, Germany, March 17, 2026. Annegret Hilse | Reuters Oil prices edged higher after U.S. President Donald Trump doubled down on his threats to attack Iran's civil infrastructure, warning that the nation will be "taken out in one night," if the Islamic Republic's leadership faile...
A drone view of oil storage containers and facilities of the TotalEnergies refinery in the Leuna Chemical Complex, in Leuna, Germany, March 17, 2026. Annegret Hilse | Reuters Oil prices edged higher after U.S. President Donald Trump doubled down on his threats to attack Iran's civil infrastructure, warning that the nation will be "taken out in one night," if the Islamic Republic's leadership failed to reopen the Strait of Hormuz. U.S. West Texas Intermediate crude futures for May were up 0.93% at $113.46 per barrel as of 8:45 p.m. ET. Brent crude for June delivery gained about 0.54% to $110.36 per barrel. Stock Chart Icon Stock chart icon Brent crude prices On Monday, Trump repeated his threat that the U.S. will destroy Iran's power plants and bridges if Tehran did not reopen the Strait of Hormuz by 8 p.m. ET on Tuesday, while also signaling that Iranian leadership was negotiating in earnest. The closure of the narrow waterway connecting the Persian Gulf and Gulf of Oman has led to a supply shock, sending prices for crude, jet fuel, diesel, and gasoline soaring since the war broke out on Feb. 28. "They have 'til tomorrow," the president said . "Now we'll see what happens. I can tell you, they are negotiating, we think in good faith, we're going to find out. We're getting the help of some incredible countries that want this to be ended, because it affects them also." Reuters reported that the U.S. and Iran were discussing a framework plan to end their 5-week-old conflict, as Tehran has pushed back against Trump's pressure to swiftly reopen the Strait of Hormuz, which would allow traffic to start flowing again through the vital energy artery. Iran has rejected the U.S. ceasefire proposal, presenting its own 10-point plan, according to Axios , including a permanent end to hostilities in the region, rather than a temporary ceasefire, a protocol for safe passage through the Strait of Hormuz, lifting of sanctions, and reconstruction. But the changes for a ceasefire deal t...