월스트리트저널 읽기 - Hedge Funds, China's Economy, Microsoft

SATURDAY, OCTOBER 14, 2023

 

◈ Hedge Funds Must Disclose Short Selling(헤지펀드는 공매도를 공개해야 한다)

 

 

WASHINGTON— Traders will get a broader look at which public companies are being targeted by short sellers under rules the Securities and Exchange Commission adopted Friday as part of its response to the 2021 GameStop trading frenzy.

 

The final rules come more than two years after that drama, when thousands of in-vestors coordinated on Reddit to buy shares of GameStop and others—and punish hedge funds that had bet against the stocks. The turmoil captured headlines and left some traders with huge gains while others lost eye-popping sums.

 

In a short sale, a trader bets against a stock by borrowing shares and then selling them in hopes the price will decline before the trader must return them to the lender. In the case of GameStop, individual investors sought to create a “short squeeze” by forcing short sellers to buy stock to cover their positions, boosting share prices.

 

◈ China's Economy Remains Shaky(중국 경제가 여전히 불안하다)

 

 

HONG KONG—Lackluster inflation and declining trade numbers in China have stoked concerns that the world’s second- largest economy is still on shaky footing, despite recent signs of stabilization.

 

Consumer prices unexpectedly flatlined in September after rebounding in August, pointing to weak demand and suggesting only a limited effect from Beijing’s recent efforts to put a floor under the economy. Outbound shipments also continued to contract last month, though at a less steep pace than August, according to official data released Friday.

 

Despite signs in recent weeks that China’s economy might be perking up after a summer slowdown, the latest batch of data serves as a note of caution about the outlook for an economy that remains buffeted by a range of powerful headwinds.

 

◈ Microsoft Completes Its $75 Billion Deal To Buy Activision (마이크로소프트, 액티비전 인수 750억 달러 거래 완료)

 

 

Microsoft closed its $75 billion acquisition of Activision Blizzard, the largest in a decade of deals under Chief Executive Satya Nadella that have positioned the software giant at the center of sectors from videogames to artificial intelligence.

 

The purchase, which closed Friday, is the biggest deal in its nearly 50-year history and took 21 months to get through a global gantlet of regulators.

 

Activision’s stable of bestselling franchises, including Call of Duty and Candy Crush, will strengthen Microsoft’s videogame business by more than half to above $24 billion. The additions also will move the business further away from Xbox consoles and toward gaming content that lives across platforms and devices.

 

오늘도 경제신문으로 세상을 봅니다.

 

2023.10.13 - [경제신문 읽기] - 월스트리트저널 읽기 - U.S., Iran, Beijing etc.

월스트리트저널 읽기 - U.S., Iran, Beijing etc.