China recently returned to the global dollar bond market after three years, issuing $2bn in bonds with yields just slightly above US Treasuries, attracting nearly $40bn in orders. The sale, held in Saudi Arabia, demonstrates Beijing’s efforts to strengthen financial ties with the oil-rich kingdom, with 400 international investors participating. The issuance, which saw strong demand and tight spreads, serves as a symbolic move to broaden China’s financial cooperation globally and provide a benchmark for other issuers.
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This Underrated AI Stock Could Deliver Huge Returns by 2030
The introduction of ChatGPT has shifted perceptions of Alphabet (NASDAQ: GOOGL, GOOG), as its market share in digital advertising and Google Search fell below 90%. Despite this, investors remain optimistic about Alphabet's potential for significant growth over the next five years, indicating confidence in the company's future. Want More Context? 🔎
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