On Tuesday, Intel's $INTC shareholders approved a set of significant measures aimed at replenishing the company’s stock reserves. This move is designed to not only attract and retain top talent but also to reward the newly appointed CEO, Lip-Bu Tan, as part of his compensation package. Despite the approval of these strategic decisions, Intel’s stock price saw a 1.6% drop at the start of trading, following a challenging year in which the company’s stock value decreased by 36%.
Seven & i Holdings, the Japanese company overseeing the 7-Eleven convenience store chain, is undergoing significant leadership changes in light of a $47 billion acquisition bid from Canadian company Alimentation Couche-Tard. This transaction could mark the largest foreign acquisition in Japanese history.
Following a leadership shake-up and increased state support, shares of China Vanke surged on the Hong Kong Stock Exchange. The state intervention aims to mitigate liquidity risks and ensure the company's steady development amidst economic changes.