Anglo-American’s Cash Raid on Anglo-Platinum * Anglo-American’s decision to unbundle its stake in Anglo-Platinum raises concerns. * Declaring a special dividend of R59 per share wipes out the company’s entire R17.6 billion cash reserves. * Implications for investors: selling pressure expected as shares land in new brokerage accounts.
China’s Tech Revival? * The appearance of Jack Ma and Xi Jinping together could mark a softening stance toward tech companies. * Alibaba partners with Apple, integrating its AI into Apple’s ecosystem. * Is China reopening the door for its tech giants?
Bull Market Momentum * Global indices continue to hit all-time highs, with AI and tech stocks leading the charge. * Not just tech: European and Asian markets show strength. * Are valuations stretched, or is there more room to run?
Simon Brown
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