Brandes International ETF(BINV.US)

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Brandes International ETF
BINV.US
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Chanel, Kering top luxury who's who of Saks Global unsecured creditors

Chanel and Kering lead the list of unsecured creditors for bankrupt Saks Global, with claims of $136 million and $60 million, respectively. Saks Global filed for bankruptcy, owing approximately $3.4 billion to creditors. The top 30 unsecured creditors include major luxury brands and tech firms. Saks has faced inventory and debt management issues, leading to a management reshuffle. Analysts note structural challenges for department stores, but some luxury brands express confidence in Saks Global's future under new leadership.

Reuters·
US
PPRUY
+1.03%
Reuters·
US
PPRUY
+1.03%

FACTBOX-Global drugmakers rush to boost US presence as tariff threat looms

Global drugmakers are increasing U.S. manufacturing and stockpiling inventory in response to a potential 100% tariff on imported medicines. Companies like Pfizer, Eli Lilly, and Johnson & Johnson are committing billions to expand U.S. operations and secure tariff exemptions. Pfizer plans a $70 billion investment, while AstraZeneca and Roche are investing $50 billion each. Other firms, including Novartis and Sanofi, are also making significant investments to mitigate supply-chain risks and reassure investors amid tariff threats.

Reuters·
US
SNYNF
-1.16%
US
JNJ
+2.29%
US
LLY
-0.36%
Reuters·
US
SNYNF
-1.16%
US
JNJ
+2.29%
US
LLY
-0.36%

The Hang Seng Index rose 268 points in half a day, with the 27,000 mark "gained and lost," as innovative drug stocks collectively surged. Three new stocks had a weak finish｜Hong Kong Stock Market Afternoon Session

The Hang Seng Index opened 350 points higher this morning, reaching a maximum of 27,143 points during the day, and closed at 26,877 points, up 268 points or 1.01%. Alibaba rose 3.5%, JD.com rose 1.11%, and Tencent rose 0.48%; Xiaomi, Meituan, and Baidu, on the other hand, declined. Innovative drug stocks collectively rose, with WuXi AppTec up 7.67% and CSPC PHARMA up 5.5%. Automotive stocks generally rose due to the consensus reached on electric vehicles between China and Europe, with BYD up 3.19%. The newly listed stocks today showed volatility, with Zhaoyi Innovation once rising over 53.5%

Stheadline·
US
BABA
+1.73%
HK
09988
-2.43%
Stheadline·
US
BABA
+1.73%
HK
09988
-2.43%

U.S. stock market midday update: Alibaba's cloud business innovation boosts stock price, JP Morgan maintains overweight rating, contributing to a 10.88% increase

Alibaba rose 10.88%; Amazon rose 0.20%, with a transaction volume of USD 4.504 billion; Pinduoduo fell 1.30%, with a transaction volume of USD 756 million; Latin American commercial services fell 1.54%, with a transaction volume of USD 555 million; Sea fell 2.13%, with a market value of USD 77.4 billion

Tracking Unusual Activity·
US
BABA
+1.73%
Tracking Unusual Activity·
US
BABA
+1.73%

AI glasses enter the era of independent smart terminals, beginning to take over core functions of smartphones

CITIC Securities stated that AI glasses are making a key transition from smartphone accessories to independent smart terminals. Jensen Huang's concept of "physical AI" has set the tone, with Chinese manufacturers like Thunderbird Innovation leading at CES. The eSIM technology allows glasses to break free from the constraints of smartphones. Global shipments surged by 110%, coupled with the "trade-in" national subsidy bonus, giants like ByteDance and Alibaba are accelerating their entry, and this sector may see a large-scale explosion by 2026

Wallstreetcn·
NA
BYTED
0.00%
US
BABA
+1.73%
HK
09988
-2.43%
Wallstreetcn·
NA
BYTED
0.00%
US
BABA
+1.73%
HK
09988
-2.43%
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