|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||927.56 - 937.30|
|52-week range||927.56 - 937.30|
|Beta (5Y monthly)||1.17|
|PE ratio (TTM)||15.75|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
(Bloomberg) -- Snapdeal, the Indian online retailer backed by SoftBank Group Corp. and Alibaba Group Holding Ltd., plans to file preliminary documents for an initial public offering of as much as $250 million in the next few weeks, according to people familiar with the matter. Most Read from BloombergChina Cash Flowed Through Congo Bank to Former President’s CroniesReliving the New York Subway Map Debate‘Pension Poachers’ Are Targeting America’s Elderly VeteransThe e-commerce giant aims to go pu
SINGAPORE (Reuters) -Vietnam's largest conglomerate Vingroup is in talks with investors, including Qatar's sovereign fund and BlackRock, to raise about $1 billion in equity for its car unit, three sources aware of the matter said. The fundraising exercise comes as VinFast, Vingroup's automobile arm, is betting big on the U.S. market, where it hopes that its electric SUVs and a battery leasing model will be enough to woo consumers away from the likes of Tesla and General Motors. If successful, it is likely to end up as Vietnam's largest private fundraising, underscoring heightened investor interest in Southeast Asia, a region where ride-hailing and delivery giants Grab and GoTo have raised billions of dollars.
Ben Powell, chief investment strategist for Asia Pacific at BlackRock Investment Institute in Singapore, looks at how the concerns about the omicron coronavirus strain is affecting financial markets, and Federal Reserve policy. He also shares his views on Asian stocks and credit. He speaks with Juliette Saly and Rishaad Salamat on "Bloomberg Markets: Asia."