OOCL gains market share in Q1, with 'very strong' financials unveiled by Cosco
Volumes carried by Cosco-owned container line OOCL in the first quarter soared, compared with the ...
ID 116498071 © Alexey Novikov | Dreamstime.com
A fascinating op-ed from Singapore’s Straits Times, looking at the strategic options for the mighty Chinese e-commerce platform Alibaba following its listing on the Hong Kong Stock Exchange. The IPO is expected to raise an astonishing US$43bn for the company – of the world’s largest non-financial corporations, only Apple has more cash on its books. However, the writer asks whether this is a gift or a curse? “Then you realise that management literally has more money than it knows what ...
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