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A big EV battery IPO is here. Be careful

  One of the biggest electric-vehicle battery companies in the world is going public. South Korea’s LG Energy Solution, which makes powerpacks for the likes of General Motors Co, is looking to raise up to almost $11 billion in a listing that could value the company at close to $60 billion. Big, bold and promising as that is, investors need ...

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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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