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Foshan Haitian Raises $1.3 Billion in Upsized Hong Kong Listing

Foshan Haitian Raises $1.3 Billion in Upsized Hong Kong Listing

Bloomberg4 hours ago

Foshan Haitian Flavouring & Food Co. has raised HK$10.1 billion ($1.3 billion) after robust demand for its shares to be listed in Hong Kong allowed China's biggest soy sauce maker to increase the deal size.
The company, whose shares already trade in Shanghai, sold 279 million shares at HK$36.30 each, the top end of the marketed price range, according to terms of the deal seen by Bloomberg News. That reflects a roughly 17% discount to Foshan Haitian's Monday closing price of 40.12 yuan in Shanghai.

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China's Oil Demand Will Peak Earlier Than Expected, IEA Says
China's Oil Demand Will Peak Earlier Than Expected, IEA Says

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China's Oil Demand Will Peak Earlier Than Expected, IEA Says

(Bloomberg) -- China's oil demand will stop growing earlier than expected, reinforcing the outlook for a global peak and prolonged supply surplus this decade, the International Energy Agency said. Security Concerns Hit Some of the World's 'Most Livable Cities' As Part of a $45 Billion Push, ICE Prepares for a Vast Expansion of Detention Space As American Architects Gather in Boston, Retrofits Are All the Rage How E-Scooters Conquered (Most of) Europe The IEA slashed forecasts for Chinese consumption until 2030 by about 1 million barrels a day amid 'extraordinary' domestic sales of electric vehicles. It predicts the nation's demand — which has dominated world growth this century — will top out in 2027, and worldwide oil use two years after that. While the Israel-Iran conflict has stirred concern over immediate energy stockpiles, 'oil markets look set to be well-supplied in the years ahead,' IEA Executive Director Fatih Birol said. The agency was created in the 1970s to advise major consumers on energy policy. Crude prices surged the most in three years Friday as Israel launched airstrikes on OPEC member Iran, though the gains have since cooled as oil exports remain unaffected. US futures traded near $70 per barrel Monday, down 19% from last year's peak, amid expectations of an impending surplus. China's oil use will reach a maximum 16.9 million barrels a day by 2027, peaking roughly two years earlier than previously forecast, according to the IEA's report. Besides the ascent of EVs, high-speed rail and trucks powered with natural gas will help displace crude oil. China National Petroleum Corp., the country's largest energy producer, predicted in December that peak demand may arrive as early as this year. The IEA projects that global oil demand growth will slow to a 'trickle' the next few years, with consumption at a maximum of 105.5 million barrels a day in 2029 — roughly in line with last year's forecast. It would then decline slightly the following year. With China fading, the anticipated worldwide demand growth — amounting to about 2.5 million barrels a day total by 2030 — will largely come from India and other emerging economies. Forecasts for US oil demand were bolstered by roughly the amount that China's were cut as America cools on EVs. As Beijing recedes from the center of oil demand, the US will diminish in importance to global supplies after its shale oil boom helped provide about 90% of growth during the past decade. Investment is slowing as crude prices falter. 'When we look at oil market trends over the past decade, we see a remarkable double act' in China and the US, Birol said. 'But these dynamics are shifting.' America's output will nonetheless keep growing, complemented by Brazil, Canada and Guyana. About 5.1 million barrels of production capacity will be added globally this decade, double the increase in oil demand. Many leading players in the energy industry expect oil use will prove more tenacious than the IEA anticipates. Vitol Group, known as the world's biggest independent oil trader, and some Wall Street banks such as Bank of America Corp. have predicted that peak demand won't arrive until after 2030. Some of the IEA's other forecasts, such as its projection of a decline in coal demand, have missed the mark. At the extreme end of the spectrum, the Organization of the Petroleum Exporting Countries projects that oil demand will keep increasing until at least the middle of the century, though the cartel has backtracked on prior short-term forecasts that proved excessively bullish. While the OPEC+ alliance led by Saudi Arabia has in recent months started to ramp up the production halted during the past few years, the IEA sees limited need for those extra barrels as rivals expand. 'OPEC+ may struggle to regain substantial market share,' according to the report. Ken Griffin on Trump, Harvard and Why Novice Investors Won't Beat the Pros American Mid: Hampton Inn's Good-Enough Formula for World Domination How a Tiny Middleman Could Access Two-Factor Login Codes From Tech Giants The Spying Scandal Rocking the World of HR Software US Allies and Adversaries Are Dodging Trump's Tariff Threats ©2025 Bloomberg L.P. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Coding and Marking Market Outlook Report 2025-2030: Laser Marking and CIJ Tech Drive 6.1% CAGR in Global Coding & Marking Industry to 2030
Coding and Marking Market Outlook Report 2025-2030: Laser Marking and CIJ Tech Drive 6.1% CAGR in Global Coding & Marking Industry to 2030

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Coding and Marking Market Outlook Report 2025-2030: Laser Marking and CIJ Tech Drive 6.1% CAGR in Global Coding & Marking Industry to 2030

Explore the thriving Coding & Marking Market, projected to grow from USD 6.66 billion in 2024 to USD 9.53 billion by 2030 with a CAGR of 6.15%. Key innovations from LEIBINGER, Videojet, and Markem-Imaje showcase advancements in CIJ, laser marking, and sustainable packaging solutions, driving market growth. Coding & Marking Market Dublin, June 17, 2025 (GLOBE NEWSWIRE) -- The "Coding & Marking Market - Outlook & Forecast 2025-2030" report has been added to Coding & Marking Market was valued at USD 6.66 billion in 2024, and is projected to reach USD 9.53 billion by 2030, rising at a CAGR of 6.15%. In 2024, APAC dominated the global coding and marking market, accounting for over 31% share by revenue in the global market. APAC is expected to witness significant growth in the coding and marking market due to the increasing demand for packaged food & beverages, cosmetics, and pharmaceuticals. China is the largest market in the region. The industry is experiencing significant growth, stricter regulatory frameworks, led by rapid industrialization, and a rising need for product North America, the growth of the e-commerce industry has been impressive in the U.S. recently which increased the demand for high-speed continuous inkjet (CIJ) and laser marking systems. North America is a global leader in the pharmaceutical industry, having the highest number of pharmaceutical partnerships. The pharmaceutical industry is vital in increasing the demand for coding and marking systems. Furthermore, in Europe, Germany is the largest market due to its robust manufacturing hub. The food & beverage, automotive, and pharmaceutical drive the demand in the region. The European Union (EU) has created strict regulations governing product marking, packaging, and labeling across its member states. Moreover, Latin America and the Middle East & Africa are also expected to witness substantial growth in the coding and marking market due to the increasing demand for product traceability and safety, particularly in the F&B industry. CODING AND MARKING MARKET TRENDS The coding and marking market is growing rapidly with advancements in technology, improving efficiency, and accuracy across various sectors. Several industry leaders are at the forefront of developing technologically advanced solutions. Domino Printing Sciences, for example, has introduced the R-Series smart vision system, devised to integrate seamlessly with its printers. The increasing emphasis on sustainable packaging and label printing practices is one of the key trends in coding and marking. As environmental concerns continue to rise, consumers and regulatory bodies push for more eco-friendly solutions throughout the supply chain. Industry 4.0 flourishes on interconnected systems, and this level of connectivity is mainly vital in industrial coding and marking. Prominent manufacturers such as Domino and Control Print have been at the forefront of developing intelligent coding solutions that seamlessly incorporate into modern production environments. Laser marking technology has become a significant tool for industries necessitating permanent and precise product identification, tracking, and anti-counterfeiting measures. Its rising adoption across sectors including electronics, automotive, healthcare, and semiconductors is fostering coding and marking market expansion. Several trade shows, exhibitions, events, fairs, and conferences, among others, are held throughout the year, inviting several vendors to showcase their offerings and solutions. This is a major opportunity for large and small vendors in the market, where they can highlight their product offerings and solutions for customers. CODING AND MARKING MARKET DRIVERS Increasing regulatory compliance is a key driver for the coding and marking market. Recently the landscape for product labeling experienced substantial changes globally as regulatory bodies implemented more stringent guidelines to improve consumer safety, product traceability, and informed decision-making. These improvements have had a great impact on the coding and marking industry. The expansion of e-commerce has reformed the packaging industry, creating a high demand for customization and personalization. In e-commerce packaging, customization increases beyond simple branding elements like taglines and logos. This rising trend has increased the demand for versatile coding and marking technologies that can contain variable data printing (VDP) and quick production changes. The global pharmaceutical packaging market is growing substantially, propelled by the rising demand for medications globally. Due to the rise in aging populations and chronic diseases, the requirement for traceable, secure, and clearly labeled pharmaceutical products is increasing. The rising adoption of flexible packaging across industries is considerably driving the coding and marking market growth. Consumers are increasingly prioritizing sustainability, convenience, and cost-effectiveness, which makes flexible packaging a favored choice for businesses looking to improve packaging efficiency. The increase in different types of packaged food has led to a greater demand for easy-to-use packaging products with an easy-to-print surface to enable product differentiation in stores. This, in turn, has boosted the demand for coding and marking solutions. INDUSTRY RESTRAINTS The growing occurrence of counterfeit products, driven by the increasing market vulnerabilities and rise of influencer culture, poses a major challenge to the coding and marking market. The consumer electronics industry faces a substantial threat from counterfeit goods, with fake tablets, smartphones, chargers, and headphones flooding global markets. These counterfeit electronics not only challenge legitimate brands but also pose severe safety risks owing to the lack of proper quality control. Errors due to human negligence or mistakes can often dent the profits of manufacturers and vendors. Large-scale manufacturing companies often have people working in shifts, increasing human-machine interaction. This tends to increase the scope of errors due to the time needed to master the printing machine process. Another key challenge that vendors face is the high costs associated with printing and marking solutions. Vendors in the coding and marking market are often questioned about the pricing solution of their product offerings. One significant constraint in the coding & marking market is the limited availability of skilled labor. The operation & maintenance of coding & marking equipment require skilled labor, and there is currently a shortage of qualified professionals in this field. CODING AND MARKING MARKET VENDORSThe global coding and marking market is highly fragmented with several local and international players. Videojet, Markem-image, Domino Printing Sciences, Hitachi Industrial Equipment Systems, and Keyence are a few prominent players alongside numerous domestic manufacturers specialized in manufacturing coding and marking systems based on local demands and regulations. The competitive scenario in the global coding and marking market is currently intensified. The market competition is also influenced by technological advances, changing customer needs, and industry competitive environment in this market is expected to intensify further with an increase in product/service extensions, technological innovations, and M&As. International players will grow inorganically by acquiring regional or local players. Also, the market is prone to threats of low-quality products, which increases the level of expansion in the market. The major vendors also continually compete for a leading position in the market, with the occasional rise of competition coming from other local vendors. Furthermore, the coding and marking services adoption rate among end-users worldwide has been impressive. As a result of increased demand, the global coding and marking market has witnessed the entry of many vendors that provide coding and marking tools at lower Market Companies Control Print Diagraph (Illinois Tool Works) Domino Printing Sciences Han's Laser Technology Industry Group Hitachi Industrial Equipment & Solutions KEYENCE Markem-Imaje Videojet Technologies Other Prominent Vendors ANSER Coding ATD UK Beijing Hi-Pack Coding Cyklop Fastjet Technologies Dotjet EBS Ink-Jet Systems Guangzhou EC-PACK Packaging Equipment HSA Systems ICONOTECH ID Technology Inkjet Jet Inks KGK Jet Koenig & Bauer Coding Kortho Coding & Marking Laserax LEAD TECH (ZHUHAI) ELECTRONIC Leibinger Group Linx Printing Technologies Macsa ID MapleJet Matthews International MECCO REA Elektronik RN Mark Shanghai Dikai Coding Technology Squid Ink Sunine Weber Marking Systems Xaar Zanasi Key Attributes: Report Attribute Details No. of Pages 466 Forecast Period 2024 - 2030 Estimated Market Value (USD) in 2024 $6.66 Billion Forecasted Market Value (USD) by 2030 $9.53 Billion Compound Annual Growth Rate 6.1% Regions Covered Global Key Topics Covered: 1. Scope & Coverage1.1. Market Definition1.2. Segments Covered & Definition1.3. Market Derivation2. Premium Insights2.1. Opportunity Pockets2.2. Market Insights2.3. Key Product Developments2.4. Market Dynamics2.5. Segmentation Insights2.6. Regional Analysis2.7. Competitive Landscape3. Market at a Glance4. Introduction4.1. Overview4.1.1. Evolution of Coding & Marking4.1.2. Consumer Preferences Shaping Coding & Marking Industry Trends4.1.3. Use of Coding & Marking Machines in Different Industries4.1.4. Major Applications of Coding & Marking4.1.5. Risk Factors4.2. Pest Analysis4.3. Value Chain Analysis5. Market Opportunities & Trends5.1. Technological Advancements in Coding & Marking5.2. Rise in Sustainability & Eco-Friendly Solutions5.3. Advancing Coding & Marking with Industry 4.05.4. Advances in Laser Marking Technologies5.5. Growing Secondary Packaging Market5.6. Expansion of Exhibitions, Trade Shows, and Industry Platforms6. Market Growth Enablers6.1. Rising Implementation of Stringent Labeling Regulations6.2. Growth in E-Commerce Industry6.3. Growth in Pharmaceutical & Healthcare Industries6.4. Rising Adoption of Flexible Packaging6.5. Growth in Packaged Food Consumption6.6. Rising Demand for Product Traceability7. Market Restraints7.1. Rising Threat of Counterfeit Products7.2. Operational Inefficiencies & High Cost7.3. Shortage of Skilled Workforce & Rising Labor Costs8. Market Landscape8.1. Market Size & Forecast8.2. Types of Packaging8.3. Geographic Insights8.4. Material Insights8.4.1. Plastic8.4.2. Paper & Cardboard8.4.3. Paper & Cardboard Industry Insights8.4.4. Metals8.4.5. Other Applications8.5. SWOT Analysis8.6. Technology8.7. Product Mix8.8. End-user8.9. Food & Beverage8.10. Five Forces Analysis9. Technology9.1. Market Snapshot & Growth Engine9.2. Market Overview9.3. CIJ Technology9.4. Laser Technology9.5. Palm Technology9.6. TTO Technology9.7. PIJ Technology9.8. VIJ Technology9.9. TIJ Technology10. End-user10.1. Market Snapshot & Growth Engine10.2. Market Overview10.3. Food & Beverage10.4. Healthcare10.5. Electrical Equipment & Electronics10.6. Chemicals & Construction10.7. Automotive & Aerospace10.8. Others11. Product Mix11.1. Market Snapshot & Growth Engine11.2. Market Overview11.3. Equipment11.4. Consumables12. Geography12.1. Market Snapshot & Growth Engine12.2. Geographic Overview12.3. Spare Parts & Aftermarket13. APAC14. North America15. Western Europe16. Latin America17. Middle East & Africa18. Central & Eastern Europe19. Competitive Landscape20. Key Company Profiles21. Other Prominent VendorsFor more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Attachment Coding & Marking Market CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900

SoftBank Sells T-Mobile Stake for $4.8 Billion to Bet on AI
SoftBank Sells T-Mobile Stake for $4.8 Billion to Bet on AI

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SoftBank Sells T-Mobile Stake for $4.8 Billion to Bet on AI

(Bloomberg) -- SoftBank Group Corp. raised around $4.8 billion through a sale of T-Mobile US Inc. shares, a move that helps fund the Japanese company's grandiose plans for artificial intelligence. Security Concerns Hit Some of the World's 'Most Livable Cities' As Part of a $45 Billion Push, ICE Prepares for a Vast Expansion of Detention Space As American Architects Gather in Boston, Retrofits Are All the Rage How E-Scooters Conquered (Most of) Europe The Tokyo-based technology group sold 21.5 million T-Mobile shares for $224 each — pricing at the bottom of the $224 to $228 range — in an unregistered overnight block sale, according to the final terms of the deal seen by Bloomberg News. The offering, which Bloomberg reported earlier, represents a discount of 3% to T-Mobile US's Monday closing price of $230.99 per share. SoftBank founder Masayoshi Son is ramping up investments aimed at making AI reasoning superior to humans'. He's overseeing plans to put down as much as $30 billion in OpenAI and is also working with the ChatGPT creator to ferry hundreds of billions of dollars into data centers and related infrastructure around the world under the Stargate banner. SoftBank's original plans for debt financing had snagged on uncertainties around US tariffs. T-Mobile shares fell 3.9% in extended trading, while SoftBank's shares rose 2.1% in Tokyo. A representative of SoftBank declined to comment. Representatives of T-Mobile did not immediately respond to a request for comment outside normal business hours. The deal is the biggest US share sale since Toronto-Dominion Bank sold a $13.1 billion stake in brokerage firm Charles Schwab Corp. in February. Sales of new and existing shares in US-listed companies reached $91.4 billion in the year to date, up from $75.9 billion in the same period a year ago, data compiled by Bloomberg show. The T-Mobile stake sale would be the latest example of Son tapping past investment successes — such as an early bet on Alibaba Group Holding Ltd. that's yielded thousands-fold returns — to fund new ventures. What Bloomberg Intelligence Says This sale could lower adjusted loan-to-value by 1-2 percentage points, but it might need to monetize close to $10 billion more to keep adjusted LTV below a 30% downgrade trigger — assuming it invests about $40 billion in OpenAI, Stargate and the acquisition of Ampere Computing — based on March figures and the current share prices for Arm, SoftBank Corp. and T-Mobile. -Sharon Chen, analyst Click here for the research SoftBank received T-Mobile shares with the completion of the US telecom company's $26.5 billion acquisition of Sprint Corp. in April 2020. Later that year, SoftBank substantially reduced its stake in T-Mobile via a $21 billion deal that helped pay for a record buyback of SoftBank's shares. The stake offered represents about 1.9% of T-Mobile's outstanding shares, according to Bloomberg calculations. SoftBank owned 85.4 million shares or 7.5% of T-Mobile as of March 31, according to its annual report. Deutsche Telekom AG is T-Mobile's largest shareholder with a 59% stake, according to a June 12 filing with the US Securities and Exchange Commission. Bank of America Corp. was sole bookrunner for the deal, the terms show. --With assistance from Min Jeong Lee, Edwin Chan and Ville Heiskanen. (Updates with analyst commentary and share reaction.) Ken Griffin on Trump, Harvard and Why Novice Investors Won't Beat the Pros American Mid: Hampton Inn's Good-Enough Formula for World Domination How a Tiny Middleman Could Access Two-Factor Login Codes From Tech Giants The Spying Scandal Rocking the World of HR Software US Allies and Adversaries Are Dodging Trump's Tariff Threats ©2025 Bloomberg L.P. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

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