Renong forced to attempt share swap

Over 150 people have been killed after a fire broke out at seven under renovation apartment blocks in Tai Po; China Taiping Insurance (Hong Kong) is a lead insurer of the construction site; many firms have offered donations to support those affected.

The Korean tech giant is seeking to reassure investors amid a volatile market; its shares surged on August 20.

Banks and payment giants at the Singapore FinTech Festival warned about deepfakes, cyberattacks, and AI-driven fraud even as they push aggressively into agentic AI and design their firms around AI-native operating models. With risks rising, leaders said 2026 will force a balance between ambition and safeguards.

The sale price was 7% below the price of the last trading day which reflected “market conditions”, and as a result CATL’s shares declined 6.88% on April 28.

Set to go live from May 15, the mutual market derivatives initiative marks a world first for international trading that is set to facilitate the increased internationalisation of renminbi.

Investors can tap China’s interest rate swap markets directly through a pioneering derivatives mutual market access programme.