Monthly Archives: January 2023
Adani Hits Back Against Activist Short Sellers Hindenburg
Written on January 30, 2023 at 2:38 am, by wangwenshuai
Indian billionaire Gautam Adani has published a 413-page rebuttal against Hindenburg, which has recently published a report covering extensive allegations, including stock manipulation and accounting fraud, about Adani’s multi-billion-dollar conglomerate. In response, Adani has accused Hindenburg Research of conducting a “calculated securities fraud”, and an attack on India. Adani is now considering legal action againstContinue Reading
Upcoming Weekly Adjustment on Index Dividend Notice
Written on January 26, 2023 at 7:59 am, by wangwenshuai
Dear Valued Client, Please be advised that the dividends of the following index CFDs will be adjusted by upcoming ex-dividend dates. The comment for trading index CFDs will be in the following format “Div&<Product Name>&<Net Volume>” which show in the balance after the close of the day before the dividend payment date. Please refer toContinue Reading
Will Chinese Demand Overshadow Supply Concerns for Crude?
Written on January 26, 2023 at 3:41 am, by wangwenshuai
A lower-than-expected build in crude oil inventories has seen the commodity trade flat as demand concerns hit the markets. On Wednesday evening, the EIA Crude Oil Inventories was released, showing a build of 522,000 barrels, putting the total inventory at 448.5 million. This is much lower than the forecasted increase of 971,000 barrels and theContinue Reading
