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Young retail investors are shooting for moon

  The Robinhood crowd came to the fore this year, with their enthusiasm for meme stocks making them a force for professional traders to reckon with. Pandemic lockdowns sparked a wave of interest in day trading, and with it rose the dangers of misunderstanding the investment boundary . Still, retail buyers’ appetite for risk shows no sign of abating. That’s ...

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Foreign hedge funds take new run in China

  They meet again. Hedge funds that profited from the debt restructuring of Kaisa Group Holdings in 2015 are back, circling the Shenzhen-based real estate developer that is once again trying to dig out from under a mountain of debt. This time, the stakes are even bigger. About $12 billion of dollar-denominated debt is at risk versus only $2.5 billion ...

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Virgin Atlantic secures $530m funding from Branson, Delta

  Bloomberg Virgin Atlantic Airways Ltd owners Richard Branson and Delta Air Lines Inc agreed to provide a 400 million-pound ($530 million) capital injection into the UK carrier to see it through the latest slump in global travel. Branson’s Virgin Group will cough up 204 million pounds of the funding and Atlanta-based Delta the rest, allowing them to maintain their ...

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