|Bid||0.00 x 1200|
|Ask||0.00 x 1800|
|Day's range||26.77 - 26.96|
|52-week range||24.99 - 28.52|
|Beta (5Y monthly)||1.50|
|PE ratio (TTM)||0.67|
|Forward dividend & yield||1.38 (5.13%)|
|Ex-dividend date||25 Jan 2021|
|1y target est||N/A|
The Goldman Sachs Group, Inc. (NYSE: GS) today announced new developments for the One Million Black Women initiative, which has committed more than $10 billion to advance racial equity and economic opportunity by investing in Black women.
(Bloomberg) -- Beijing Yuanxin Technology Co., which runs pharmaceutical e-commerce platform Miaoshou Doctor, is weighing a Hong Kong initial public offering that could raise at least $500 million, according to people familiar with the matter.The company, which counts Tencent Holdings Ltd. and Qiming Venture Partners among its backers, is working with CLSA Ltd. and Goldman Sachs Group Inc. on the potential share sale, the people said. An offering could happen as soon as this year, said the people, asking not to be identified as the information isn’t public.Separately, Miaoshou Doctor is also looking to raise about $200 million to $300 million in a funding round before the first-time share sale, they said.Details of the IPO including size and timeline could still change as deliberations continue, the people said. Representatives for CLSA and Goldman Sachs declined to comment, while a representative for Miaoshou Doctor didn’t immediately respond to requests for comment.Founded in 2014, Miaoshou Doctor is an online platform that enables patients to consult with doctors remotely and get prescription recommendations. Customers can also purchase over-the-counter medicine through the website. Besides Tencent and Qiming, the company’s investors also include Sequoia China and CITIC Securities Co.Miaoshou Doctor is among a number of health-care technology companies looking to transform China’s health system and take advantage of strong investor demand. Companies marrying technology and health care have sought to benefit from greater use of online services since the start of the coronavirus pandemic.WeDoctor, another Tencent-backed medical platform, is also planning a Hong Kong IPO that could raise as much as $3 billion, Bloomberg News has reported. In January, Yidu Tech Inc., which offers artificial intelligence and big data products to the health-care industry, raised $610 million in a Hong Kong listing and has seen its share price go up about 43% since.(Adds details of Miaoshou’s backers in fifth paragraph.)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.
(Bloomberg) -- Seven Islands Inc., backed by billionaire James Murdoch’s investment company Lupa Systems LLC, and a former Walt Disney Co. executive filed to raise about $300 million listing a blank-check company in the U.S.The special purpose acquisition company plans to hunt for targets in the media, entertainment, consumer technology, health care and education sectors, according to a filing Tuesday. While the blank-check company will focus on south and southeast Asia, India will be of a particular focus.Murdoch, who was previously chief executive officer of 21st Century Fox Inc., and Uday Shankar, the former president of Walt Disney Asia Pacific, are co-chairmen of the SPAC, the filing shows. The announcement confirmed a Bloomberg News report in February on the listing plans.Seven Islands plans to offer 30 million units at $10 apiece, with each unit comprised of one share and a fourth of a warrant. It is expected to list on Nasdaq under the symbol “SVNI.” Goldman Sachs Group Inc., JPMorgan Chase & Co. and PJT Partners Inc. are advising the offering.The 48-year-old son of media tycoon Rupert Murdoch resigned from the board of News Corp. in July last year, citing differences of opinion with the publishing company. Lupa entered India less than two years ago and has built a portfolio of technology investments, according to the filing.Murdoch and Shankar previously worked together at Star India, which became the country’s largest media company before Walt Disney took over a swath of 21st Century Fox’s assets, including Star, in 2019. Shankar worked for the Asia Pacific unit of Disney after the deal until his departure in December last year.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.