Latest news with #Southbound
Bloomberg
2 days ago
- Business
- Bloomberg
Chinese Investors Snap Up Hong Kong Stocks as Flows Near Record
Mainland Chinese investors' purchase of Hong Kong-listed stocks is approaching an annual record, driving a rally that has made a key benchmark in the city one of the world's best performers. Southbound net inflows expanded by another HK$2.7 billion ($344 million) Tuesday, taking this year's total to HK$800 billion, a whisker away from 2024's previous record of HK$808 billion.
Malay Mail
13-06-2025
- Malay Mail
Fatal chain collision on NSE southbound: Lorry duo killed after rear-ending timber trailer in Johor
BATU PAHAT, June 13 — A lorry driver and his assistant died after being involved in an accident at Kilometre (KM) 81.9, North-South Expressway (PLUS), Southbound, yesterday morning. Batu Pahat district police chief, ACP Shahrulanuar Mushaddat Abdullah Sani said those who died in the accident at 8.30am were driver R Pubalan, 45, and his assistant, R Sivasanthiran, 35. According to him, initial investigations found that the incident occurred when the lorry carrying electronic goods, crashed into the back of a timber trailer. 'As a result of the collision, the timber lorry went on to crash into an oil tanker. 'The two victims, who suffered serious head, chest and leg injuries, were confirmed dead at the scene while the driver of the timber lorry who sustained minor leg and chest injuries was taken to the Sultanah Nora Ismail Hospital (HSNI), Batu Pahat. However, the driver of the oil tanker was not injured,' he said in a statement. Shahrulanuar said the case was being investigated under Section 41 (1) of the Road Transport Act 1987 and members of the public who witnessed the incident could come forward to any nearby police station. — Bernama
BBC News
27-05-2025
- Automotive
- BBC News
Long delays on A12 after gas works close lane at Marks Tey
There are heavy delays on the southbound A12 in Essex due to gas works. National Highways said there had been one emergency lane closure at junction 25 for Marks Tey "for gas utility works". It reported about 50 minutes of hold-ups between junction 28, for Colchester, and junction 25. Drivers are being warned to allow extra time for their journey. Follow Essex news on BBC Sounds, Facebook, Instagram and X.
South China Morning Post
10-04-2025
- Business
- South China Morning Post
Hong Kong dollar strengthens as mainland stock buyers drive demand amid volatile markets
Hong Kong's currency has strengthened to its strongest level in four years against the US dollar, driven by the demand from mainland China's stock buyers who are dipping into one of the world's cheapest major capital markets through the Stock Connect scheme. Advertisement The local dollar changed hands at 7.7595 for every US$1 on Thursday morning, retracing from a high of 7.7560 per US dollar on Wednesday. This was close to the top end of the local dollar's trading range against the US currency that has been in place since 2005 to augment the 1983 currency peg, which requires intervention by the Hong Kong Monetary Authority (HKMA) to bring the exchange rate back to within the band of 7.7500 to 7.8500 per US dollar. The jump in the local currency, in spite of Hong Kong being hit with US tariffs along with mainland China, was due to the inflow of overseas capital in search of bargains in the city's stock market, which is trading at an average of 10 times earnings , bankers said. That included the so-called Southbound capital from the mainland, where investors would exchange the yuan for the Hong Kong dollar to buy Hong Kong-listed Chinese companies like Alibaba Group Holding and Tencent Holdings , they said. Hong Kong's Hang Seng Index rose 1.5 per cent on April 8, 2025. Photo: Agence-France Presse. 'Continuous Southbound inflow from mainlanders in Hong Kong is a major contributor to the local dollar's strength,' said Tommy Ong, the managing director of T.O. & Associates Consultancy, who expects the currency to hover between 7.7570 to 7.7800 per US dollar before June. 'The repatriation of Hong Kong dollars after selling US stocks from Hong Kong and Chinese overseas accounts may also add to the Hong Kong dollar's strength,' he said. Advertisement
Forbes
28-03-2025
- Entertainment
- Forbes
Rising Artist Maddox Batson Strikes A Chord With Country Music's Younger Fans
15-year-old singer/songwriter Maddox Batson Credit: Lexi Lovelace Maddox Batson may be relatively new to the country music scene, but he's already made a strong connection, especially with the genre's younger fans. His music videos have gone viral and he's selling out shows across country before he even heading out on his headline tour. Videos from his songs 'I Don't Like You Anymore,' 'X's,' and 'Southbound' have pulled in anywhere from three to 11 million views each on YouTube with the numbers still climbing. And his latest video 'Green Dress" is on track to do the same. Those songs and several more, are featured on his just released EP First Dance. Cover of Maddox Batson's deput EP "First Dance" Courtesy of Prosper Entertainment/Warner Records It's not only his lyrics and relatable subject matter that's captured the hearts of young fans, it's his engaging, high-energy personality that shines through every live performance, music video, and interaction with everyone one he meets. At 15-years old, Maddox has recently celebrated a number of career 'firsts,' including his debut appearance Wednesday night - on the coveted stage of the Grand Ole Opry. 'It was the coolest thing ever,' he told host Charlie Mattos after his performance. 'Growing up in the country music space, growing up knowing the prestige of the Grand Ole Opry and actually coming out here to play, it means the world to me.' Batson, a Nashville native who moved to Alabama as a child, got an introduction to music at an early age. 'My dad grew up playing music with his family in kind of a bluegrass band and he passed it onto me,' he says. 'I grew up playing in church and all that kind of stuff.' Growing up, he also had a strong interest in sports, especially the game of basketball. It took a lot of his time and focus, until he was diagnosed with a knee disease that made it very clear, his future was elsewhere. Two years ago, when he was 13, he and his dad started playing music together and posting videos of Maddox covering songs from his favorite artists like Zach Bryan and Sam Barber. He began getting a lot of views, especially once he started blending a bit of his personality with the music. 'I was just doing covers in my living room and kitchen and filming that,' he says. 'I got some traction, but got a lot more when I would mix in my personality and do lifestyle videos or like a 'get-ready-with-me video every now and then. I feel like if you can mix between the artistry and personality a bit, you can see success 100 percent.' It runs a little deeper, though, than just playing songs and and posting them on social media. Maddox and his dad did an acoustic mini-tour in Texas where Maddox got the experience of playing for a live audience. And he took a deep dive into learning the craft of songwriting. He's a co-writer on each of the seven songs on his new EP. 'My dad has been a songwriter his entire life, so I kind of got that gene passed down to me. I've been writing songs for a long time, and I feel like that's one of the most important aspects of what I do.' He admits that while he might not have a lot of life experience yet in terms of crafting songs, he draws inspiration from what most boys his age tend to think about which is girls. His new song 'Green Dress' is a perfect example. 'It's based off a true story. I met this girl at a show and never asked her name,' Maddox explains. 'I don't know why, I guess my mind blanked when I met her. I didn't ask her name or where she's from, I didn't get any information. So, me and my team were literally on a scavenger hunt to find her for, I don't know, a couple of weeks.' In the middle of the search, he decided to write a song about it. And eventually, he did find her. 'Her mom reached out via email, and we connected a little bit, nothing crazy,' he says. 'I just let her know the song was about her and I appreciate the creative spark.' Other previously unreleased songs on First Dance include 'Problem,' 'God Talking,' and 'It Was You.' 'It Was You' is one of my favorite songs,' Maddox. 'I do a lot of fast, upbeat songs like you would expect from me, but this kind of slows it down a little bit, like an actual love song. It's my favorite to sing live.' He's gearing up to do a lot of live shows in the months to come. Later this year, he'll join country superstar Lainey Wilson for seven shows on her current tour, but this weekend, he kicks off a sold-out, headline tour of his own. 'It's my first headline tour, so I'm really excited. You only get one first tour. I'm also excited about playing a lot of festivals this year.' He'll play Stagecoach and he'll also headline this year's Maryland State Fair. It's a big honor with an impressive list of previous, very successful, artists who've served as headliners. 'People like Justin Bieber, Usher, Justin Timberlake…A lot of people have headlined it, and this year I get to, which is pretty cool.' It looks to be an amazing year ahead for the young singer/songwriter and he says ready for it. And as he promotes the new EP, he's already looking ahead to what comes next. 'Writing more songs, putting out more music, and maybe releasing an album. There's a lot of different stuff. It's going to be very cool.'
