Stock of the Day
Out of context: Reply #586
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- grafician0
"This Tiny Firm Just Surpassed Goldman Sachs With a 14,000% Gain
Convoluted ownership structure behind AMTD Digital points to Calvin Choi, an ex-UBS banker who’s fighting an industry ban in Hong Kong."
https://www.bloomberg.com/news/a…
"The world, apparently, has a new financial giant.
AMTD Digital Inc., a Hong Kong-based company that listed in New York less than three weeks ago, has surged so much that the combined market value of its Class A and Class B shares was more than $203 billion as of Wednesday’s close.
That means the firm — which develops digital businesses, including financial services — is worth more than Wells Fargo & Co., Morgan Stanley and Goldman Sachs Group Inc., despite reporting just $25 million in revenue for the year ended April 2021."