Donald Tang

In finance, equity is an ownership interest in property that may be offset by debts or other liabilities. Equity is measured for accounting purposes by subtracting liabilities from the value of the assets owned. For example, if someone owns a car worth $24,000 and owes $10,000 on the loan used to buy the car, the difference of $14,000 is equity. Equity can apply to a single asset, such as a car or house, or to an entire business. A business that needs to start up or expand its operations can sell its equity in order to raise cash that does not have to be repaid on a set schedule.

Los Angeles, often referred to by its initials L.A., is the commercial, financial, and cultural center of Southern California. Los Angeles is the largest city in the state of California, the second most populous city in the United States after New York City, and one of the world's most populous megacities. With a population of roughly 3.9 million residents within the city limits as of 2020, Los Angeles is known for its Mediterranean climate, ethnic and cultural diversity, being the home of the Hollywood film industry, and its sprawling metropolitan area. The majority of the city proper lies in a basin in Southern California adjacent to the Pacific Ocean in the west and extending partly through the Santa Monica Mountains and north into the San Fernando Valley, with the city bordering the San Gabriel Valley to its east. It covers about 469 square miles (1,210 km2), and is the county seat of Los Angeles County, which is the most populous county in the United States with an estimated 9.86 million residents as of 2022.

Hong Kong, officially the Hong Kong Special Administrative Region of the People's Republic of China, is a city and special administrative region of China on the eastern Pearl River Delta in South China. With 7.5 million residents of various nationalities in a 1,104-square-kilometre (426 sq mi) territory, Hong Kong is one of the most densely populated places in the world. Hong Kong is also a major global financial centre and one of the most developed cities in the world.

China, officially the People's Republic of China (PRC), is a country in East Asia. It is the world's most populous country, with a population exceeding 1.4 billion, slightly ahead of India. China spans the equivalent of five time zones and borders fourteen countries by land, the most of any country in the world, tied with Russia. With an area of approximately 9.6 million square kilometres (3,700,000 sq mi), it is the world's third largest country by total land area. The country consists of 22 provinces, five autonomous regions, four municipalities, and two special administrative regions. The national capital is Beijing, and the most populous city and largest financial center is Shanghai.

Singapore, officially the Republic of Singapore, is a sovereign island country and city-state in maritime Southeast Asia. It lies about one degree of latitude north of the equator, off the southern tip of the Malay Peninsula, bordering the Strait of Malacca to the west, the Singapore Strait to the south, the South China Sea to the east, and the Straits of Johor to the north. The country's territory is composed of one main island, 63 satellite islands and islets, and one outlying islet; the combined area of these has increased by 25% since the country's independence as a result of extensive land reclamation projects. It has the third highest population density in the world. With a multicultural population and recognising the need to respect cultural identities of the major ethnic groups within the nation, Singapore has four official languages: English, Malay, Mandarin, and Tamil. English is the lingua franca and numerous public services are available only in English. Multi-racialism is enshrined in the constitution and continues to shape national policies in education, housing, and politics.

CITIC Group Corporation Ltd., formerly the China International Trust Investment Corporation (CITIC), is a state-owned investment company of the People's Republic of China, established by Rong Yiren in 1979 with the approval of Deng Xiaoping. Its headquarters are in Chaoyang District, Beijing. As of 2019, it is China's biggest state-run conglomerate with one of the largest pools of foreign assets in the world.

Kazakhstan, officially the Republic of Kazakhstan, is a transcontinental landlocked country located mainly in Central Asia and partly in Eastern Europe. It borders Russia to the north and west, China to the east, Kyrgyzstan to the southeast, Uzbekistan to the south, and Turkmenistan to the southwest, with a coastline along the Caspian Sea. Its capital is Astana, known as Nur-Sultan from 2019 to 2022. Almaty, Kazakhstan's largest city, was the country's capital until 1997. Kazakhstan is the world's ninth-largest country by land area and the world's largest landlocked country. It has a population of 19 million people and one of the lowest population densities in the world, at fewer than 6 people per square kilometre. Ethnic Kazakhs constitute a majority of the population, while ethnic Russians form a significant minority. Kazakhstan is a Muslim-majority country, although ethnic Russians in the country form a sizeable Christian community.

Lakshmi Niwas Mittal is an Indian steel magnate, based in the United Kingdom. He is the Executive Chairman of ArcelorMittal, the world's second largest steelmaking company, as well as chairman of stainless steel manufacturer Aperam. Mittal owns 38% of ArcelorMittal and holds a 3% stake in EFL Championship side Queens Park Rangers.

James E. "Jimmy" Cayne was an American businessman and CEO of Bear Stearns. In 2006, he became the first Wall Street chief to own a company stake worth more than $1 billion, but he lost most of that in the 2007–2008 collapse of Bear's stock and sold his entire stake in the company for $61 million.

China Mobile is the trade name of both China Mobile Limited and its ultimate controlling shareholder, China Mobile Communications Group Co., Ltd., a Chinese state-owned company. China Mobile Limited provides mobile voice and multimedia services through its nationwide mobile telecommunications network across mainland China and Hong Kong. China Mobile is the largest wireless carrier in China, with 945.50 million subscribers as of June 2021.

Yanzhou Coal Mining Company Limited , majority owned by Yankuang Group, is a coal mining company in Mainland China. It is engaged in underground mining coal preparation and sales, and railway transportation service of coal. Its products are mainly low-sulphur coal which is suitable for large-scale power plant and for use in pulverized coal injection.

AMC Entertainment Holdings, Inc. is an American movie theater chain founded in Kansas City, Missouri and now headquartered in Leawood, Kansas. It is the largest movie theater chain in the world. Founded in 1920, AMC has the largest share of the U.S. theater market ahead of Regal and Cinemark Theatres.

Spotlight is a 2015 American biographical drama film directed by Tom McCarthy and written by McCarthy and Josh Singer. The film follows The Boston Globe's "Spotlight" team, the oldest continuously operating newspaper investigative journalist unit in the United States, and its investigation into cases of widespread and systemic child sex abuse in the Boston area by numerous Catholic priests. Although the plot was original, it is loosely based on a series of stories by the Spotlight team that earned The Globe the 2003 Pulitzer Prize for Public Service. The film features an ensemble cast including Mark Ruffalo, Michael Keaton, Rachel McAdams, John Slattery, and Stanley Tucci, with Brian d'Arcy James, Liev Schreiber, and Billy Crudup in supporting roles.

Paramount Pictures Corporation is an American film and television production and distribution company and the main namesake division of Paramount Global. It is the fifth-oldest film studio in the world, the second-oldest film studio in the United States, and the sole member of the "Big Five" film studios located within the city limits of Los Angeles.

The Hunger Games film series is composed of science fiction dystopian adventure films, based on The Hunger Games trilogy of novels by American author Suzanne Collins. The films are distributed by Lionsgate and produced by Nina Jacobson and Jon Kilik. The series feature an ensemble cast including Jennifer Lawrence as Katniss Everdeen, Josh Hutcherson as Peeta Mellark, Liam Hemsworth as Gale Hawthorne, Woody Harrelson as Haymitch Abernathy, Elizabeth Banks as Effie Trinket, Stanley Tucci as Caesar Flickerman, and Donald Sutherland as President Snow.

The Twilight Saga is a series of romance fantasy films based on the book series Twilight by Stephenie Meyer. The series has grossed over $3.4 billion worldwide. The first installment, Twilight, was released on November 21, 2008. The second installment, New Moon, followed on November 20, 2009. The third installment, Eclipse, was released on June 30, 2010. The fourth installment, Breaking Dawn – Part 1, was released on November 18, 2011, while the fifth installment, Breaking Dawn – Part 2, was released on November 16, 2012.

Hacksaw Ridge is a 2016 biographical war film directed by Mel Gibson and written by Andrew Knight and Robert Schenkkan, based on the 2004 documentary The Conscientious Objector directed by Terry Benedict.

The Hurt Locker is a 2008 American war thriller film directed by Kathryn Bigelow and written by Mark Boal. It stars Jeremy Renner, Anthony Mackie, Brian Geraghty, Christian Camargo, Ralph Fiennes, David Morse, and Guy Pearce. The film follows an Iraq War Explosive Ordnance Disposal team who are targeted by insurgents and shows their psychological reactions to the stress of combat. Boal drew on his experience during embedded access to write the screenplay.

Forbes is an American business magazine owned by Integrated Whale Media Investments and the Forbes family. Published eight times a year, it features articles on finance, industry, investing, and marketing topics. Forbes also reports on related subjects such as technology, communications, science, politics, and law. It is based in Jersey City, New Jersey. Competitors in the national business magazine category include Fortune and Bloomberg Businessweek. Forbes has an international edition in Asia as well as editions produced under license in 27 countries and regions worldwide.

The RAND Corporation is a non-partisan American nonprofit global policy think tank and research institute that conducts research and development (R&D) in multiple fields and industries including national security, military-defense, aerospace, education, public health, energy, the environment, economics, political science and international relations, infrastructure, law and criminology, anthropology, sociology, social policy, the social sciences, natural sciences, technology, engineering, mathematics, and their application on public policy, public administration, and business administration issues.

The Museum of Contemporary Art, Los Angeles (MOCA) is a contemporary art museum with two locations in greater Los Angeles, California. The main branch is located on Grand Avenue in Downtown Los Angeles, near the Walt Disney Concert Hall. MOCA's original space, initially intended as a "temporary" exhibit space while the main facility was built, is now known as the Geffen Contemporary, in the Little Tokyo district of downtown Los Angeles. Between 2000 and 2019, it operated a satellite facility at the Pacific Design Center facility in West Hollywood.

UCLA Santa Monica Medical Center is a hospital located within the city of Santa Monica, California. The hospital was founded in 1926, and is a member of the UCLA Health. The hospital is also known internationally for operating its Rape Treatment Center and the adjoining Stuart House for sexually abused children.

The Financial Times (FT) is a British daily business newspaper printed in broadsheet and published digitally that focuses on business and economic current affairs. Based in London, England, the paper is owned by a Japanese holding company, Nikkei, with core editorial offices across Britain, the United States and continental Europe. In July 2015, Pearson sold the publication to Nikkei for £844 million after owning it since 1957. In 2019, it reported one million paying subscriptions, three-quarters of which were digital subscriptions. The newspaper has a prominent focus on financial journalism and economic analysis over generalist reporting, drawing both criticism and acclaim. The daily sponsors an annual book award and publishes a "Person of the Year" feature. The Financial Times has been called by UC Berkeley economist Bradford DeLong "the best newspaper in the world".

The Los Angeles Times, abbreviated as LA Times, is a daily newspaper that started publishing in Los Angeles in 1881. Based in the Los Angeles suburb of El Segundo since 2018, it is the sixth-largest newspaper by circulation in the United States. The publication has won more than 40 Pulitzer Prizes. It is owned by Patrick Soon-Shiong and published by the Times Mirror Company. The newspaper's coverage has evolved more recently away from U.S. and international headlines and toward emphasizing California and especially Southern California stories.

Closing Bell can refer to two CNBC programs: the original Closing Bell on CNBC and European Closing Bell on CNBC Europe.