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18:59
Hillhouse Capital makes a major bet on Intel as latest US stock holdings are revealed
At the end of the first quarter, a total of 6.9232 million Intel shares were held, with a corresponding market value of $305 million. As Intel's share price has tripled in the past month, under the assumption that not a single share was sold, Greenwoods' unrealized gains on just the Intel position could have reached $559 million since April. Position disclosures also show that in the first quarter, Greenwoods established a new position of 1 million Amazon shares. Since April, this e-commerce giant and emerging satellite internet star has risen by over 30%, bringing Greenwoods' potential unrealized gains to approximately $60 million.
18:59
CEO of the German Airports Association: Continued aviation fuel shortage may result in more flight cancellations
Baisel stated that since the end of February, aviation fuel prices have doubled compared to before the Israeli and U.S. military strikes against Iran. It is expected that oil prices will not return to normal in the coming months, and even if aviation fuel can be obtained, at current prices airlines cannot operate so many flights profitably. According to Baisel's forecast, in the best scenario, passenger numbers will remain stable this year, while in the worst-case scenario, some airport capacity will decrease by 10%, potentially affecting 20 million passengers.
18:04
BNY Mellon increases bitcoin holdings by $18 million through MicroStrategy
BNY Mellon manages assets totaling 2.1 trillion USD and has purchased Bitcoin worth 18 million USD through MicroStrategy. (The Bitcoin Historian)
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