-- Chinese stock investors should consider using “cheap options” as safer ways to seize gains in the country’s potential cyclical upturn, according to JPMorgan Chase & Co.The brokerage’s strategists, including Tony SK Lee, favor buying options on larger cap indexes to position for a potential rebound in Chinese stocks, according to their note issued on Monday.
In another sign of investors’ improving outlook, HSCEI’s volatility skew also has dropped to the lowest since 2017, indicating reduced demand for protection against steep declines. -- The stocks of apartment landlords staged the biggest rally in nearly four months after Blackstone Inc., the world’s largest commercial real estate owner, stepped up its bet on the industry.
Former president Donald Trump’s social media company generated just $4 million in revenue last year - about as much as the average McDonald’s franchise in the United States, according to a report last year by the fast-food industry publication QSR.
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