The Sarbanes-Oxley Act (SOX) and the UK Corporate Governance Code are two sets of rules and recommendations that aim to ensure proper accountability, transparency, fairness and responsibility in the conduct of an organisation’s business. Both SOX and the Code apply to listed companies, but they differ in their scope, approach and enforcement. Similarities Differences
Read MoreOne way to evaluate the performance of a company is to compare its book value and market value. Book value is the net asset value of a company, calculated by subtracting its total liabilities from its total assets. Market value is the current price of a company’s shares multiplied by the number of shares outstanding. Tencent is one of the largest technology companies in China, with a diversified portfolio of online services, gaming, social media, e-commerce and cloud computing. According to YCharts, Tencent’s book value per share as of December…
Read MoreThe Hang Seng Index (HSI) is a benchmark index that tracks the performance of the largest and most liquid companies listed on the Hong Kong Stock Exchange. The index consists of 58 constituent stocks as of June 2021, representing various sectors such as financials, utilities, real estate, and consumer goods. The index is reviewed quarterly to ensure that it reflects the changes in the Hong Kong market. Over the past 10 years, the HSI has undergone several changes in its constituent stocks, reflecting the dynamic nature of the Hong Kong…
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