- SportsYahoo Sports
After falling short of another Super Bowl, it's time for Aaron Rodgers to pursue the 'all-in' season Tom Brady just got
Brady went to Lambeau Field, backed by a team that was entirely committed to maximizing his window, and earned another Super Bowl berth. The contrast with how the Packers have treated Rodgers recently is stark.
(Bloomberg) -- Hong Kong’s equity traders can’t get enough of Tencent Holdings Ltd., the $950 billion giant that’s on pace for its biggest ever monthly gain.They’re paying up for bullish derivatives tracking the Chinese internet firm, buying thousands of January call options that expire Thursday. The price of one Tencent contract -- which bets the stock will rise past HK$800 by expiry -- surged as much as 118,300% on Monday. Traders also rushed to offload their bearish puts, with one of the most-traded contracts losing more than 84% in value.The stock rallied 11% on Monday to HK$766.50, its biggest gain since October 2011. Hong Kong’s Hang Seng Index benchmark rose 2.4%, closing above the key 30,000 point-level for the first time since May 2019.Tencent has become a prime target for mainland traders flooding record amounts of cash into Hong Kong-listed shares this year, with net purchase of the stock accounting for roughly a quarter of total money coming in, according to exchange data. The buying frenzy has also boosted Tencent’s market value by about $251 billion this year, the most worldwide, according to data compiled by Bloomberg. Tesla Inc. is the second-largest gainer, up $134 billion.Tencent shares now trade at nearly 40 times analysts’ estimated earnings for the next 12 months. While that’s well above the average of 30 since Bloomberg began tracking the data in 2005, it’s still below the recent peak multiple of 42 reached in 2014 and 2018. It reached 65 at the height of China’s equity bubble in 2007.On Monday, analysts at Citigroup Inc. lifted their target price on the firm by 19% to HK$876, the highest among analysts tracked by Bloomberg, citing the company’s market-share expansion and growth in the gaming sector and other digital businesses.Tencent is also getting an additional boost from taking part in the city’s fast-growing initial public offering market. Kuaishou Technology, backed by Tencent, is seeking to raise as much as $5.4 billion in Hong Kong in what would be the biggest internet IPO since Uber Technologies Inc.With the recent run-up, Tencent is trading at its highest price on record. It’s largely avoided the tightening regulatory oversight that sparked a selloff in rival Alibaba Group Holding Ltd. and forced its part-owned Ant Group Co. to jettison a record IPO.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.
The former president has all but vanished from public view while his former team navigates an unforgiving job market.
- StyleFootwear News
Finnegan Biden’s Checkered Blazer, Skinny Jeans & Jill Biden-Inspired Pumps Are Chic for Church With President Joe Biden
The president joined two of his four granddaughters for a Sunday church service.
- PoliticsThe Telegraph
The first thing you notice about Donald Trump in the flesh is his size. He has a rugby player build: 6ft 3in and 17 stone. His sheer physicality is never quite captured on television. Neatly cut suits hide his bulk from the camera, but in person - especially side-on - it is unavoidable. The second thing is the hair, swept across and back and fixed in place. It is like a crashing wave frozen in motion. And then there is the skin complexion. A warm, yellow hue that draws your eyes after all the speculation about sunbed use. At least, that is the order I remember when seeing him first after moving to Washington DC as The Telegraph’s US Editor in October 2017. After years covering Westminster, I had been sent to try to unpack the Trump phenomenon to British readers, the nature of his appeal and how he was wielding power. For the next three years and four months my working life revolved almost entirely around the president - his moods, his decisions, his controversies, his tweets. There were rallies across America, where he was welcomed like a saviour. There were foreign trips to Hanoi, Singapore, Brussels, Helsinki and London, where he was treated with caution. Most of the time you simply felt swept along by an unrelenting current of news, much of it directed by Mr Trump himself, a master media manipulator.
- LifestyleIn The Know
A new TikTok trend has users sharing the most “evil” thing they ever did as children.