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BEIJING (Reuters) – Alibaba Group Holding Ltd (BABA.N) said on Monday it will increase its stake in Hong Kong-listed Alibaba Pictures (1060.HK) to 51 percent, taking control of the film unit’s board. Alibaba Pictures will issue one billion new shares to Alibaba at HK$1.25, valuing the exchange at roughly HK$1.25 billion ($159.9 million), the e-commerce firm said tateossian concorde rotating plane cufflink uk online. Currently, Alibaba owns a 49 percent stake in the firm. “The proposed share purchase is a vote of confidence in Alibaba Pictures, and we will continue to invest resources,” Alibaba chief Daniel Zhang said..

TOKYO (Reuters) – Nissan said it was seeking to block former chairman Carlos Ghosn’s access to an apartment in Rio de Janeiro, citing a risk that the executive, arrested and removed from his role for financial misconduct, may remove or destroy evidence tateossian concorde rotating plane cufflink uk online. Brazilian-born Ghosn has been detained in Tokyo since his Nov. 19 arrest on suspicion of conspiring with former Nissan Representative Director Greg Kelly to understate his compensation by about half of the actual 10 billion yen ($88 million), over five years from 2010..

Tokyo authorities extended their detention until the maximum Dec. 10 for the alleged crime. A Brazil court has granted Ghosn access to the property, owned by Nissan, in the Copacabana neighborhood, but the company said in a statement on Sunday that it was now petitioning a higher court to reverse the decision tateossian concorde rotating plane cufflink uk online. “Nissan has been cooperating with authorities to investigate misconduct on the part of its former chairman, and is working to prevent the destruction of any potential evidence that could occur by allowing access to residences in question,” a Nissan spokesman said..

HONG KONG (Reuters) – Hong Kong is on course to take the global IPO crown this year for the most money raised in stock market flotations, narrowly ahead of arch-rival New York, but its new listings have posted the worst performance among leading bourses, data show. The figures are a blow to Hong Kong, whose hopes of a listings bonanza spurred by new tech-friendly rules have been dented by weak markets, sparking fears the soggy performance could weigh on initial public offering (IPO) volumes in 2019 tateossian concorde rotating plane cufflink uk online.

Several companies have in recent weeks cut the size of their offerings, while others have held back from floating in the hope of a better environment later. Companies listing in Hong Kong have sold shares worth $31.4 billion so far this year, the highest total in eight years, compared with $30.2 billion on the New York Stock Exchange (NYSE), according to Dealogic data. But just six of the biggest 20 IPOs in Hong Kong that have begun trading were above their offer prices a month after debut, the data show, compared with 16 on the NYSE and 10 on Nasdaq tateossian concorde rotating plane cufflink uk online.