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Chinese aircraft carrier and naval fleet in Hong Kong for five-day visit

Chinese aircraft carrier and naval fleet in Hong Kong for five-day visit

CNN04-07-2025
China's first domestically-built aircraft carrier, the Shandong, and its three escort vessels are visiting Hong Kong from July 3 to 7, offering public tours for the first time to the city's residents. CNN's Ivan Watson breaks down how China's largest military ship fits into its growing navy.
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With 69% ownership in Trip.com Group Limited (NASDAQ:TCOM), institutional investors have a lot riding on the business
With 69% ownership in Trip.com Group Limited (NASDAQ:TCOM), institutional investors have a lot riding on the business

Yahoo

time7 hours ago

  • Yahoo

With 69% ownership in Trip.com Group Limited (NASDAQ:TCOM), institutional investors have a lot riding on the business

Key Insights Significantly high institutional ownership implies Group's stock price is sensitive to their trading actions 50% of the business is held by the top 21 shareholders Analyst forecasts along with ownership data serve to give a strong idea about prospects for a business We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. If you want to know who really controls Group Limited (NASDAQ:TCOM), then you'll have to look at the makeup of its share registry. And the group that holds the biggest piece of the pie are institutions with 69% ownership. That is, the group stands to benefit the most if the stock rises (or lose the most if there is a downturn). And as as result, institutional investors reaped the most rewards after the company's stock price gained 6.1% last week. One-year return to shareholders is currently 47% and last week's gain was the icing on the cake. In the chart below, we zoom in on the different ownership groups of Group. Check out our latest analysis for Group What Does The Institutional Ownership Tell Us About Group? Many institutions measure their performance against an index that approximates the local market. So they usually pay more attention to companies that are included in major indices. As you can see, institutional investors have a fair amount of stake in Group. This suggests some credibility amongst professional investors. But we can't rely on that fact alone since institutions make bad investments sometimes, just like everyone does. When multiple institutions own a stock, there's always a risk that they are in a 'crowded trade'. When such a trade goes wrong, multiple parties may compete to sell stock fast. This risk is higher in a company without a history of growth. You can see Group's historic earnings and revenue below, but keep in mind there's always more to the story. Institutional investors own over 50% of the company, so together than can probably strongly influence board decisions. We note that hedge funds don't have a meaningful investment in Group. Capital Research and Management Company is currently the company's largest shareholder with 12% of shares outstanding. In comparison, the second and third largest shareholders hold about 7.0% and 5.1% of the stock. After doing some more digging, we found that the top 21 have the combined ownership of 50% in the company, suggesting that no single shareholder has significant control over the company. While studying institutional ownership for a company can add value to your research, it is also a good practice to research analyst recommendations to get a deeper understand of a stock's expected performance. There are plenty of analysts covering the stock, so it might be worth seeing what they are forecasting, too. Insider Ownership Of Group While the precise definition of an insider can be subjective, almost everyone considers board members to be insiders. Company management run the business, but the CEO will answer to the board, even if he or she is a member of it. I generally consider insider ownership to be a good thing. However, on some occasions it makes it more difficult for other shareholders to hold the board accountable for decisions. Shareholders would probably be interested to learn that insiders own shares in Group Limited. Insiders own US$825m worth of shares (at current prices). It is good to see this level of investment. You can check here to see if those insiders have been buying recently. General Public Ownership With a 22% ownership, the general public, mostly comprising of individual investors, have some degree of sway over Group. This size of ownership, while considerable, may not be enough to change company policy if the decision is not in sync with other large shareholders. Public Company Ownership It appears to us that public companies own 7.0% of Group. It's hard to say for sure but this suggests they have entwined business interests. This might be a strategic stake, so it's worth watching this space for changes in ownership. Next Steps: I find it very interesting to look at who exactly owns a company. But to truly gain insight, we need to consider other information, too. Many find it useful to take an in depth look at how a company has performed in the past. You can access this detailed graph of past earnings, revenue and cash flow. Ultimately the future is most important. You can access this free report on analyst forecasts for the company. NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. 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One of Europe's most magnificent medieval castles has reopened to the public
One of Europe's most magnificent medieval castles has reopened to the public

CNN

time9 hours ago

  • CNN

One of Europe's most magnificent medieval castles has reopened to the public

FacebookTweetLink Sign up for Unlocking the World, CNN Travel's weekly newsletter. Get news about destinations, plus the latest in aviation, food and drink, and where to stay. In our travel roundup this week: the Japanese city firebombed by the US just hours before the end of World War II, the mysterious origins of the world's only non-rectangular national flag, plus four lifetime friends recreate the photo they took on a UK beach more than 50 years earlier. East Anglia was selected by Lonely Planet as one of its top places to visit in 2025 and now there's another reason to visit this underexplored English region just three hours from London. After a five-year-long, $37 million makeover, Norwich Castle Keep has reopened with all five floors open to the public for the first time. The 12th-century castle was commissioned by William the Conqueror, and more than 900 Norman artifacts have been loaned by the British Museum to create its first medieval gallery outside of the UK capital. Norwich Castle Keep was one of the first castles built after the Norman Conquest of England – that's the battle depicted in France's Bayeux Tapestry (currently undergoing its own refurb) – and was a show of dominance and prestige. Its sturdy 900-year-old walls were built with Caen limestone imported from Normandy, France, in a lasting testament to Norman power. If you're wanting to explore beyond the UK's most popular tourist hotspots, this could be a good place to start. Bodrum Castle, on Bodrum Peninsula in southwest Turkey, is a Matryoshka doll of historical marvels. The 15th-century castle was built by the Knights of Saint John, who fortified it using stones from the nearby 4th-century BCE Mausoleum of Halicarnassus, one of the Seven Wonders of the Ancient World. Since the 1960s, it's also been home to one of the world's few Museums of Underwater Archaeology, with more than 3,000 years of seafaring exhibits and historic shipwrecks on display. Dive in deeper with our interactive timeline of Bodrum. And if you're visiting the seaside anytime soon, you might be interested in this roundup of the best water shoes of 2025, from our partners at CNN Underscored, a product reviews and recommendations guide owned by CNN. At one point in the 1970s, Kodak was responsible for 90% of film and 85% of camera sales in the United States, giving the company a huge stake in people's vacation mementoes in the 20th century. Kodak introduced the first digital camera in 1975, but failed to keep up with the technology that it invented, with the 133-year-old company this week announcing that it might have to cease operations. In honor of the heyday of print photography, here are a couple of our favorite stories of vintage photo recreations. Four young women wearing mini-skirts and flip-flops posed at an English seaside resort in 1972. More than 50 years on, the lifelong friends gathered once more to recreate it. Check it out here and admire the attention to detail. Three US couples met on vacation in Mexico in the 1990s and became close friends for 30 years and counting. The male halves of the couples recreated their favorite photo from the 1994 trip at the exact same spot on the beach at Cabo San Lucas. This one's a little treat for our CNN subscribers: Take a look at the wraparound sunglasses and fanny pack. Twelve hours before World War II ended, the US firebombed the Japanese city of Kumagaya. Eighty years on, the scars remain of this air raid, which one survivor describes as 'utterly foolish.' To mark the anniversary, CNN visited the city and met with the people who lived through the bombing. Deep in the forests of Lithuania, an abandoned secret nuclear missile base reflects the political dynamics of the Cold War and the nuclear arms race. This once-classified site was visited by some 35,000 people from all over the world last year and the dim underground maze still gives off an eerie feeling. 'Dark tourism,' the visiting of sites associated with tragedy, is an oft-debated topic, with a fine line being walked between commemoration and sensationalism. The UNESCO World Heritage list recognizes places considered important to humanity and scenes of atrocity are sometimes part of that. The debate was ignited once again in July when Cambodia's Khmer Rouge torture sites were added to the list, 50 years on from the Communist government's rise to power. Dream Paris apartments for sale at bargain prices. The catch? Someone must die. This 'haunted' Venetian island is to become a locals-only haven. Tourists won't be allowed in this urban park. This is the world's only non-rectangular national flag. Here are the mysterious, mathematical origins of how it came about. This hilltop town is one of Europe's smallest countries. It's also one of the most unusual.

Jetstar passenger's warning after 'confusing' Bali flight ordeal: 'Don't wait'
Jetstar passenger's warning after 'confusing' Bali flight ordeal: 'Don't wait'

Yahoo

timea day ago

  • Yahoo

Jetstar passenger's warning after 'confusing' Bali flight ordeal: 'Don't wait'

A Jetstar passenger has hit out at the budget airline after an apparent airline tactic of overbooking flights left her potentially facing a long wait for another plane. Young Aussie Sky Kennedy told Yahoo News she was getting ready to fly home after a two-week solo adventure around Bali when, at the check-in desk, she was told she may be refused boarding because she hadn't pre-booked a seat. "When I got to the desk, the lady mentioned that the plane was full and because I hadn't selected a seat, that I didn't actually have one secured on that flight," Sky recalled for Yahoo News. Sky said she was "confused" because she'd booked the flight months ago. "She explained that even though I bought the ticket, because I hadn't selected a seat, it wasn't guaranteed," she said. Seat selection on Jetstar flights – do you have to buy a seat? Basic seat selection on Jetstar flights costs around $8, while seats closer to the front and on exit rows can go for up to $32. For Sky, she usually doesn't select a seat because she's "happy to sit anywhere". "If I had known that choosing a seat meant my booking wasn't secured, I would have, of course, selected one," she said. "But when you book online, it doesn't say that and even gives you the option to skip seat selection. If it's essential to secure your ticket, in my opinion, it should be included in the price or mentioned at the time of booking." Yahoo contacted Jetstar to find out if what Sky was told in Bali is airline policy. Jetstar advised that customers aren't required to pre-purchase seats to guarantee travel. If a flight is overbooked, Jetstar can choose passengers to change to another flight. It will provide affected passengers with compensation, reimbursement and assistance to secure another flight, the airline's policy says. Sky said once on board, the people next to her said they had booked the seat for their friend who was suddenly hospitalised with Covid. 😱 Jetstar passenger's incredible spot from window of Bali flight ✈️ Calls for Jetstar to change policy to resolve 'ridiculous' problem 🧳 Jetstar carry-on policy questioned after 'ridiculous' passenger request Sky, who shared her story online, said she learned that airlines are known to overbook flights, expecting that some passengers won't show up. On its website, Jetstar says flights may be overbooked "on rare occasions". Following her experience, Sky has warned Aussies to leave nothing to chance and simply pay the $8 fee. "Pay the extra however much it is for your seat and check in as soon as you can, don't wait until you get to the airport," she warned. Yahoo understands that Jetstar has apologised to Sky for the distress the incident caused her. On occasion, passengers aren't able to be accommodated due to a change in aircraft, weight restrictions, or, in rare circumstances, when a flight is overbooked. Do you have a story tip? Email: newsroomau@ You can also follow us on Facebook, Instagram, TikTok, Twitter and YouTube.

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