By Staff Reporters
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Tencent Holding Ltd (OTC: TCEHY) shareholders added $7.6 billion in shares to Hong Kong’s clearing and settlement system, spurring speculation that its biggest shareholder, Naspers Ltd (OTC: NAPRF), offloaded part of its 29% stake, the Financial Times reports. Earlier, Tencent’s international investment arm Prosus backed out of its pledge not to sell stock in Tencent. Global investors downsized their holdings in Chinese technology stocks following a government crackdown and regulatory onslaught. The S&P China Tech 50 index has been down 36% over the past 12 months. SoftBank sold the bulk of its stake in Alibaba Group Holding Limited (NYSE: BABA) in August.
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New York Gov. Kathy Hochul on Friday declared a state of emergency to boost polio vaccination rates amid more evidence the virus is spreading in communities. Poliovirus has now been detected in sewage samples from four counties in the New York metropolitan area as well as the city itself. Health officials said everyone who is unvaccinated should receive their shots immediately. Some New Yorkers should also receive a single, lifetime booster dose.
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HEALTH INSURANCE: https://www.amazon.com/Dictionary-Health-Insurance-Managed-Care/dp/0826149944/ref=sr_1_4?ie=UTF8&s=books&qid=1275315485&sr=1-4
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Filed under: Alerts Sign-Up, Alternative Investments, Investing | Tagged: Alibaba, polio, polio virus, tencent |
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