CAPEX.com
CAPEX.com

Article Hero

Leaving China

1614066477.jpg
Miguel A. Rodriguez
Miguel A. Rodriguez
23 February 2021
Saudi-Backed U.K. health app Babylon ends deal with Tencent.
  • Babylon Healthcare has pulled back from China, where it had a partnership with #Tencent’s WeChat, as the company “couldn’t come up with a commercially viable model".
  • Elon Musk’s embrace of #Bitcoin earlier this month rocketed the #cryptocurrency almost 50% higher to more than $58,000, but now it suffers under his cold shoulder.
  • Global #stock markets fell as expectations of faster growth and quickening inflation battered bonds, boosted commodities and led to a further rotation out of big tech names.

This information/research prepared by Miguel A. Rodriguez does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. The research analyst primarily responsible for the content of this research report, in part or in whole, certifies that the views about the companies and their securities expressed in this report accurately reflect his/her personal views and consequently any person acting on it does so entirely at their own risk.The research provided does not constitute the views of KW Investments Ltd nor is it an invitation to invest with KW Investments Ltd. The research analyst also certifies that no part of his/her compensation was, is, or will be, directly, or indirectly, related to specific recommendations or views expressed in this report.The research analyst in not employed by KW Investments Ltd. You are encouraged to seek advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit that conforms to your specific investment objectives, financial situation, or particular financial needs before making a commitment to invest. The laws of the Republic of Seychelles shall govern any claim relating to or arising from the contents of the information/ research provided. 

Share this article

How did you find this article?

Awful
Ok
Great
Awesome

Read More

Miguel A. Rodriguez
Miguel A. Rodriguez
Financial Writer

Miguel worked for major financial institutions such as Banco Santander, and Banco Central-Hispano. He is a published author of currency trading books.