Category: 3. Business

  • Cost of commuting rises as govt hikes fuel prices

    Cost of commuting rises as govt hikes fuel prices

    People wait for their turn to get fuel at a petrol station in Peshawar. Photo: Reuters/ File

    The federal government has increased the price of petrol by Rs5 per litre and high-speed diesel by Rs7.32 per litre for the next fortnight, according to a notification issued by the Petroleum Division late on Sunday night.

    Petrol has been raised by Rs5 per litre, taking the price from Rs253.17 to Rs258.17 per litre.

    High-speed diesel (HSD) has been increased by Rs7.32 per litre and now costs Rs275.70 per litre, up from the previous Rs268.38.

    The notification further stated that the revised prices take effect immediately from February 16 and will remain in force for the next fortnight.

    Fuel prices in Pakistan are reviewed fortnightly and are influenced by changes in international oil prices, exchange rate fluctuations, and domestic tax adjustments. Diesel prices are of particular concern as HSD is widely used in transport, agriculture, and power generation, meaning increases often have a direct impact on inflation and the cost of essential goods.

    On February 1, in its fortnightly review, the federal government had reduced the price of high-speed diesel by Rs14 per litre from Rs282.38 to Rs268.38 per litre for the next 15 days, while keeping petrol prices unchanged at Rs253.17 per litre.

    Earlier, sources had said the price of petrol might rise by Rs4.39 per litre, while high-speed diesel was likely to see an increase of Rs5.40 per litre.

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  • A Pioneering Model in Northern Vietnam

    A Pioneering Model in Northern Vietnam

    Positioned as Vietnam’s commerce gateway, Hai Phong is poised to lead changes in investment, logistics, and institutional reform in northern Vietnam. After administrative restructuring in mid-2025, Hai Phong City and Hai Duong province merged to form a larger, unified Hai Phong City, significantly expanding its scale.


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    By blending the distinct strengths of Hai Phong and Hai Duong, the new administrative unit can fully leverage its competitive advantages. While Hai Duong was an important center for both industry and agriculture production, Hai Phong plays a crucial role in national defense, industrialization, and economic modernization, serving as a key hub for industry, trade, and logistics.

    This consolidation combines historical significance with a strategic transformation to drive the next stage of development in the Red River Delta.

    After the merger: A larger, unified administrative and economic footprint

    The post-merger Hai Phong City covers a total area of 3,194.72 km² and has a combined population of over 4.7 million, making it one of Vietnam’s largest municipal economies in terms of both population and land area.

    Early implementation results show faster administrative procedures, higher on-time project deployment rates, and stronger coordination between city and district agencies, supporting industrial and urban growth. After seven consecutive years ranked among the top 10 nationwide, Hai Phong rose to first place in the Provincial Competitiveness Index (PCI) in 2025, marking a significant milestone in the city’s governance and business-environment reform efforts.

    Hai Phong now leads the national rankings across four major governance and sustainability indicators, including:

    • Provincial Competitiveness Index (PCI);
    • Public Administration Reform Index (PAR Index);
    • Satisfaction Index of Public Administrative Services (SIPAS) 2024; and
    • Provincial Green Index.

    Category hi

    Key information

    Merger scope

    Hai Phong City and Hai Duong Province

    Total area

    3,195 km²

    Current population

    Over 4 million people

    Administrative structure

    114 commune-level units (67 wards, 45 communes, 2 special zone)

    GRDP

    US$29.4 billion

    GRDP per capita

    US$7,944.5

    Newly licensed investment projects

    37 projects; US$3.09 billion total capital

    State budget revenue

    US$7.21 billion

    Key infrastructure projects

    • Lach Huyen International Deep-Water Port (handling vessels up to 18,000 TEU, six berths in operation);
    • Nam Dinh Vu Port (capacity over 600,000 TEU/year);
    • Nam Do Son International Transshipment Port;
    • Hanoi–Hai Phong Expressway (six lanes);
    • Tan Vu–Lach Huyen Bridge (over 5 km, Southeast Asia’s longest sea-crossing bridge);
    • Cat Bi International Airport;
    • Kunming–Lao Cai–Hanoi–Hai Phong railway; and
    • Inland waterway network with nine major corridors.

    Strategic planning and special support

    To support Hai Phong’s transformative growth, Vietnam’s National Assembly approved Resolution No. 226/2025/QH15 in June 2025. Effective July 1, 2025, this resolution introduces pilot special mechanisms and policies to unlock the city’s development potential and boost its competitiveness nationally.

    Enhanced investment management authority

    • The People’s Committee of Hai Phong is empowered to approve investment decisions for large port and marine infrastructure projects with a capital of VND 2.3 trillion (US$88.85 million) or more without needing prior Prime Minister approval.
    • The city can also adjust investment approvals for such port-related projects that were previously sanctioned at the central level.
    • These procedures follow provincial investment approval standards, shortening administrative timelines for major logistics and port developments.

    Retained local revenue from inland transport infrastructure

    • Hai Phong will retain 100 percent of the fee and charge revenues collected from national inland waterways and inland ports within its territory.
    • The city is authorized to use these funds, alongside state budget and other lawful financing, to invest in, maintain, and operate inland waterways and inland port systems, strengthening the logistics base for industrial and export activities.

    Free Trade Zone with superior incentives

    • Resolution 226 mandates the establishment of a Hai Phong Free Trade Zone (FTZ) with enhanced policy instruments designed to attract FDI and global firms, including:
      • Preferential corporate income tax rates (expected within the FTZ framework);
      • Visa exemptions and long-term temporary residence permits (up to 10 years) for foreign experts, scientists, highly skilled personnel, and their immediate families;
      • Simplified investment and business procedures tailored to international investors.
    • The FTZ is positioned as a strategic platform for export-oriented industries and international trade expansion.

    See also: Hai Phong Free Trade Zone: Implementation, Incentives and Opportunities

    Preferential tax and residence incentives for talent

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    • Resolution 226 includes a 10-year personal income tax reduction (50 percent) for experts, scientists, specialists, managers, and highly skilled workers with salary income in approved industrial and economic zones (including the FTZ).
    • Visa and residency policy flexibility is also extended to family members, making Hai Phong more attractive for foreign professionals and global talent mobility.

    Financial and budget authority

    • The city can borrow through local government bonds and other financing channels (domestic and re-lent foreign loans) up to a defined limit tied to retained budget revenue, enabling more proactive capital mobilization for infrastructure and industrial development (subject to legal limits).

    Infrastructure and industrial ecosystem highlights

    Hai Phong’s competitive edge continues to rely on its multi-modal transport infrastructure and strategic function as a gateway connecting northern Vietnam to both domestic and international markets.

    The city’s transport network, covering sea, road, rail, inland waterways, and air, is being developed in a coordinated manner, with transportation prioritized to strengthen Hai Phong’s logistics, industrial, and export potential.

    Seaport system

    Hai Phong is home to one of Vietnam’s most advanced deep-water port systems. Key highlights include:

    • Lach Huyen International Port: With six deep-water berths now in operation, including berths 3 through 6 brought into service in 2025, the port can handle some of the largest container vessels in the global fleet. This has contributed to Hai Phong Port’s ranking among the world’s top 30 busiest container ports.
    • Nam Dinh Vu Port: Supports additional capacity in container handling (over 600,000 TEU annually) and bulk cargo, strengthening the seaport complex.
    • Nam Do Son Port: Planned as a future international transshipment hub to further enhance the city’s maritime throughput and logistics reach.

    Land connectivity

    Hai Phong’s land transport connectivity continues to improve through significant infrastructure investments aimed at easing movement within the city and strengthening links with regional markets:

    • Hanoi – Hai Phong Expressway (CT.04): A controlled-access highway connecting Hai Phong with Hanoi and key economic corridors, supporting efficient cargo flows to the capital region.
    • Road expansion and new interchanges: The city is actively investing in urban and regional road projects, including bypass roads, ring roads, arterial routes, and major bridge projects. These help unlock industrial zones, improve traffic flow, and reduce bottlenecks.
    • Strategic future corridors: Hai Phong has outlined key transport projects for 2026-2030, such as a part of the Ninh Bình – Hai Phong Expressway (CT.08), connections with coastal routes, and extra city bypass links, all aimed at boosting regional connectivity and economic growth.

    Air cargo and airport expansion

    Cat Bi International Airport serves as Hai Phong’s principal aviation gateway, handling both domestic and international passenger flights, and laying the groundwork for increased air cargo capacity. Key ongoing developments include:

    • Passenger Terminal T2 expansion;
    • Enlarged aircraft aprons; and
    • A dedicated cargo terminal facility under construction to support logistics and freight growth.

    Industrial land and cluster development

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    Hai Phong continues to build out industrial and logistics clusters that leverage its location and transport advantages:

    • The Dinh Vu – Cat Hai Economic Zone remains the city’s core industrial land bank (22,540 ha), focusing on export-oriented manufacturing and port-linked production.
    • Expansion projects in the southern coastal zone, including multi-thousand-billion-dong industrial developments, are underway to modernize infrastructure, attract investors, and support sectoral diversification.

    FDI profile and sectors likely to benefit

    Export growth and trade orientation

    The merged city continues to operate a robust, export-driven economy, underpinned by deep-water port infrastructure, expressway connectivity, and integrated industrial zones that enable efficient access to global markets. In 2025, Hai Phong recorded strong economic momentum, with export turnover reaching approximately US$50.14 billion, reaffirming its position as a leading export hub in northern Vietnam.

    This performance is reinforced by the city’s logistics capacity, with cargo throughput at seaports totaling 238 million tons, strengthening Hai Phong’s competitiveness in international trade and port-linked manufacturing.

    FDI in manufacturing and technology

    Foreign direct investment in Hai Phong continues to be concentrated in manufacturing and technology-intensive sectors, with a strong presence of export-oriented projects located in industrial zones and the Dinh Vu – Cat Hai Economic Zone.

    Investment attraction priorities emphasize:

    • High-tech manufacturing, including electronics and supporting industries;
    • Large-scale, capital-intensive projects with strong export orientation; and
    • Technology-driven production, aligned with the city’s broader goals for industrial upgrading and value-chain integration.

    Hai Phong’s manufacturing profile is anchored by major multinational investors, most notably  LG, Pegatron, USI, and Bridgestone, which have committed multi-billion-dollar investment projects in the city’s industrial zones. These projects play a central role in shaping Hai Phong’s position within global electronics and manufacturing supply chains, while generating spillover demand for supporting industries and logistics services.

    The city’s FDI structure reflects a continued focus on export manufacturing, high-tech production, and large anchor investors, positioning the city to benefit from supply chain realignment and sustained demand for port-connected industrial locations.

    Key industrial parks of Hai Phong

    DEEP C Industrial Zones (Hai Phong I, II, III)

    DEEP C Industrial Zones in Haiphong serve as a leading industrial center built on an eco-industrial park model, aimed at promoting sustainable long-term industrial growth. This hub includes DEEP C Haiphong 1, 2, and 3, located within the Dinh Vu – Cat Hai Economic Zone, collectively covering over 1,700 hectares, with DEEP C Haiphong 2 and 3 situated inside the Haiphong FTZ.

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    The hub enjoys direct access to major transport infrastructure such as:

    • Lach Huyen deep-water port;
    • Cat Bi International Airport;
    • Lao Cai – Hanoi – Haiphong railway;
    • Hanoi–Haiphong Expressway; and
    • Haiphong – Ha Long – Van Don – Mong Cai Expressway.

    The hub is suitable for a wide range of industrial and logistics activities, including:

    • Strategic industries (new materials, automotive, electronics, semiconductors, and renewable energy);
    • Supporting industries (high-precision mechanics, automation, and spare parts for high-tech industries); and
    • Logistics and port-related services (including bonded warehousing and smart logistics linked to Lach Huyen port).

    VSIP Hai Phong Industrial Park

    VSIP Hai Phong represents one of the city’s largest integrated industrial–urban developments, with a total planned investment of approximately US$1 billion across 1,600 hectares. Of this, 500 hectares are designated for clean industrial production, while 1,100 hectares are allocated to urban development.

    • Location: Dinh Vu–Cat Hai EZ, Tan Duong Commune, Thuy Nguyen District
    • Operation term: 2008–2058

    Nam Dinh Vu Industrial Park

    Nam Dinh Vu is a strategically positioned coastal industrial park covering 1,329 hectares within the Dinh Vu–Cat Hai Economic Zone. Notably, it is the only industrial park in Vietnam with an internal seaport (Nam Dinh Vu Port) capable of accommodating vessels up to 40,000 DWT, supported by a 300-meter turning basin.

    Its gateway location provides direct access to Hai Phong’s maritime transport network.

    • Location: Dong Hai 2 Ward, Hai An District
    • Operation term: 2009–2059

    Trang Due Industrial Park

    Developed in three phases (187 ha, 214 ha, and 652 ha), Trang Due Industrial Park spans 1,088 hectares. The park has attracted major multinational investors, notably LG Group, and has emerged as a high-tech manufacturing hub.

    • Location: Le Loi Commune, An Duong District
    • Operation term: 2011–2061
    • Operation term: 2008–2058

    Industrial park

    Land area

    Infrastructure

    Targeted sectors

    DEEP C Haiphong 1

    541 ha

    Fully occupied eco-industrial park within Dinh Vu – Cat Hai EZ; integrated utilities; direct access to Lach Huyen deep-water port, Cat Bi International Airport, Hanoi–Haiphong Expressway, and railway network

    General manufacturing, chemicals, petrochemicals, high-tech industries

    DEEP C Haiphong 2

    ~645 ha

    Operational eco-industrial park located within Haiphong Free Trade Zone; established infrastructure; dense tenant ecosystem; strong connectivity to port, airport, expressways, and rail

    Semiconductors, electronics, automotive, new materials, high-tech components, renewable energy equipment

    DEEP C Haiphong 3

    ~520 ha

    Operational with phased land availability; completed roads, power, water supply, and wastewater treatment plant; located within Free Trade Zone

    Automotive assembly, bonded warehousing, smart logistics, international distribution centers, supporting industries

    VSIP Hai Phong Industrial Park

    1,600 ha

    Master-planned industrial–urban complex (500 ha industrial, 1,100 ha urban); completed core infrastructure; stable utilities; located in Dinh Vu–Cat Hai EZ

    Clean manufacturing, electronics, supporting industries

    Nam Dinh Vu Industrial Park

    1,329 ha

    Coastal industrial park with internal Nam Dinh Vu Port (up to 40,000 DWT); full utilities; strong maritime logistics integration

    Logistics, petrochemicals, port-based industries, heavy industry

    Trang Due Industrial Park

    1,088 ha

    Phased modern infrastructure; established high-tech production cluster anchored by multinational investors (e.g., LG); stable technical utilities

    Electronics, high-tech manufacturing, supporting industries

    Ready-built factory and warehouse options

    Northern Vietnam’s seaport-adjacent industrial corridor, anchored by Hai Phong, continues to draw manufacturers and logistics operators looking for ready-built factory (RBF) and ready-built warehouse (RBW) solutions. These developments provide quick deployment timelines, high technical standards, and strong connections to deep-sea ports, expressways, and international airports.

    Core5 Hai Phong Phase 2

    Located within the DEEP C Industrial Zones, Core5 Hai Phong Phase 2 provides approximately 80,676 square meters of ready-built factory and warehouse space across 17 factory blocks.

    Key features:

    • Flexible unit sizes supporting diversified manufacturing operations
    • Modern industrial standards with reliable power and water supply
    • Internal road systems designed for heavy vehicle access
    • Strategic proximity: 5 km to Dinh Vu and Lach Huyen ports; 12 km to Cat Bi International Airport; 125 km to Hanoi
    • Expected handover: Q4 2026

    Tenants benefit from DEEP C’s established eco-industrial ecosystem and integrated logistics infrastructure.

    Core5 Hai Phong Phase 3

    Core5 Phase 3 will deliver approximately 84,037 square meters of ready-built factory space, offering both single-storey and mezzanine configurations.

    Key features:

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    • LEED-aligned green building design
    • Integrated technical services and 24/7 security
    • Close access to Dinh Vu and Lach Huyen seaports
    • Approximately 60 km from Hanoi CBD and 25 km from regional airport infrastructure
    • Expected handover: Q1 2027

    BW Industrial RBFs and RBWs

    BW Industrial is recognized as one of Vietnam’s premier developers specializing in logistics industrial spaces available for lease. The company provides flexible premises and tailored solutions to enterprises at various stages of their development. Its land portfolio encompasses 1,020 hectares distributed across 60 projects situated in ten principal provinces throughout Vietnam.

    In the Hai Phong region specifically, BW Industrial has five RBFs/RBWs accessible for rental, with an additional two currently under development.

    Project Name

    Location

    Key Advantages

    Land Area

    Status

    BW Deep C 1

    Deep C2B, Dinh Vu – Cat Hai EZ, Hai An, Hai Phong

    Adjacent to Lach Huyen Deep Sea Port; Easy access to Hanoi – Hai Phong Hwy & Cat Bi Airport.

    6.7 ha

    Available

    BW Nam Dinh Vu ESR

    Nam Dinh Vu IP (Zone 1), Dinh Vu – Cat Hai EZ, Hai Phong

    Tax incentives (EZ); EPE (Export Processing Enterprise) friendly; Near Lach Huyen Port.

    12.1 ha

    Available

    BW Nam Dinh Vu

    Nam Dinh Vu IP (Phases 1 & 2), Hai An, Hai Phong

    Strategic port proximity; Connectivity to Hanoi – Hai Phong Hwy; Tax incentives.

    49.8 ha

    Available

    BW VSIP Hai Phong

    VSIP Hai Phong, Thuy Nguyen, Hai Phong

    Low labor costs; Access to Hai Phong Port & Cat Bi Airport; BW Commercial Center nearby.

    5.9 ha

    Available

    BW VSIP Hai Duong

    Cam Dien – Luong Dien IP, Cam Giang, Hai Duong

    Regional minimum wage (Zone 3); Strategic midpoint between Hanoi and Hai Phong.

    42.6 ha

    Available

    BW Nam Dinh Vu Phase 4

    Nam Dinh Vu IP, Hai Phong

    Strategic expansion in a major industrial hub.

    12.2 ha

    Q2, 2025

    BW Nam Dinh Vu Phase 3

    CN10-02, Nam Dinh Vu IP, Hai Phong

    Quick access to deep-sea logistics.

    5.8 ha

    Q1, 2025

    Expert’s take: Bright industrial outlook for post-merger Hai Phong

    Following the July 2025 administrative merger with Hai Duong province, Hai Phong has emerged as a massive economic subdivision encompassing over 3,100 square kilometers and a population of 4.6 million. This expansion provides the critical mass needed to support a proposed free trade zone and the new South Economic Zone, both central to the city’s manufacturing and export growth.

    The strategic shift is supported by Resolution No. 59-NQ/TW, a Politburo directive issued in early 2025, which prioritizes proactive international integration to move Vietnam toward a US$1 trillion economy. By integrating Hai Duong’s industrial land bank with Hai Phong’s deep-sea port infrastructure, the city has created a unified ecosystem that reduces logistics bottlenecks for northern manufacturing clusters.

    Current indicators suggest that the city is no longer just a transit point but a primary driver of national resilience. Paul Tonkes, Industrial Deputy Director of Indochina Kajima Development, said the city’s trajectory toward becoming the nation’s dominant maritime gateway is now a reality.

    “Hai Phong becoming Vietnam’s largest port in five years is starting to be very tangible right now,” Tonkes said. “Between the Hai Phong FTZ and the new South Economic Zone, the city’s status as a critical gateway is a lock – merger or not.”

    Tonkes noted that the city serves as a “frontline instrument” for Vietnam’s global standing.

    Hai Phong is not just a port, but a frontline instrument for Vietnam’s international standing and closing in on the 1 trillion USD economy. I expect that Resolution 59 helps to move the needle toward an independent, resilient economy and proactive international integration; even if these are currently on-paper promises, there are players in Hai Phong capable of turning them into operational reality” – Paul Tonkes, Industrial Deputy Director of Indochina Kajima Development

    About Us

    Vietnam Briefing is one of five regional publications under the Asia Briefing brand. It is supported by Dezan Shira & Associates, a pan-Asia, multi-disciplinary professional services firm that assists foreign investors throughout Asia, including through offices in Hanoi, Ho Chi Minh City, and Da Nang in Vietnam. Dezan Shira & Associates also maintains offices or has alliance partners assisting foreign investors in China, Hong Kong SAR, Indonesia, Singapore, Malaysia, Mongolia, Dubai (UAE), Japan, South Korea, Nepal, The Philippines, Sri Lanka, Thailand, Italy, Germany, Bangladesh, Australia, United States, and United Kingdom and Ireland.

    For a complimentary subscription to Vietnam Briefing’s content products, please click here. For support with establishing a business in Vietnam or for assistance in analyzing and entering markets, please contact the firm at vietnam@dezshira.com or visit us at www.dezshira.com

     

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  • The 2026 GQ Spring Box Blooms With Sunny-Weather Staples

    The 2026 GQ Spring Box Blooms With Sunny-Weather Staples

    Spring Savings: For a limited time, get your first seasonal GQ Box for 50% off ($59 $29.50)—or take $30 off an annual subscription—using code DEAL.


    From cutting-edge Swedish tech to Italian barbershop staples, the GQ Spring 2026 Box is packed with warm-weather essentials that’ll upgrade your routine without overcomplicating it. (No matter the season, it’s worth noting, looking sharp tends to start with getting the fundamentals right.)

    As per usual, the latest edition of the Box delivers exactly what the season demands—and plenty of goods you’ll be downright thrilled to have on hand when the weather turns. Inside, you’ll find noise-cancelling earbuds, a grip of grooming hacks for your annual spring glow-up, a sleek tumbler, and more on-the-go gear expressly engineered for sunnier days.

    If you don’t know already, the “GQ-endorsed products at one hell of a deal” is kind of the whole point of the Box. Every day, we test the latest and greatest in clothing, gear, tech, and grooming. When something really makes us smile, we share it with our Box subscribers. They get a Box—literally, a box!—of GQ-selected products shipped directly to their door.


    New Member Gift: Gaston Luga Spläsh Hip Pack in Black

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  • Advanced Micro Devices Inc. (AMD) Was Down Way Too Much, Says Jim Cramer

    Advanced Micro Devices Inc. (AMD) Was Down Way Too Much, Says Jim Cramer

    We recently published 13 Stocks Jim Cramer Talked About.  Advanced Micro Devices Inc. (NASDAQ:AMD) is one of the stocks that Jim Cramer talked about.

    Advanced Micro Devices Inc. (NASDAQ:AMD) designs and sells chips used for gaming, personal computing, AI, and other applications. Its shares are up by 83% over the past year but down by 7% year-to-date. Goldman Sachs discussed the shares in February. The bank kept a Neutral rating and a $210 share price target on Advanced Micro Devices Inc. (NASDAQ:AMD)’s shares. Goldman discussed the firm’s latest earnings report and noted that while revenue and guidance were strong, the chip designer’s operating expenses were worrisome. Advanced Micro Devices Inc. (NASDAQ:AMD)’s shares had dipped by a stunning 17% following the firm’s fourth quarter earnings report. UBS lowered the share price target in February to $310 from $330. It kept a Buy rating on the stock and added that the future for the firm was uncertain, given its $1 billion gaming cut. Cramer discussed Advanced Micro Devices Inc. (NASDAQ:AMD)’s share price performance following the earnings:

    Advanced Micro Devices Inc. (AMD) Was Down Way Too Much, Says Jim Cramer

    “Well AMD was down way too much. I spoke to Lisa, it was not that bad, I think that she was very under promised so she could over deliver at the end of the year. But she felt she gave a good acquittal of herself.”

    While we acknowledge the potential of AMD as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock.

    READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

    Disclosure: None. This article is originally published at Insider Monkey.

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  • Analyst Upgrade Followed GDS Holdings (GDS) Convertible Notes Offering

    Analyst Upgrade Followed GDS Holdings (GDS) Convertible Notes Offering

    GDS Holdings Limited (NASDAQ:GDS) is one of the 12 best mid cap AI stocks to buy according to hedge funds. According to a report released on February 5, J.P. Morgan analyst Gokul Hariharan raised the firm’s price target on GDS Holdings Limited (NASDAQ:GDS) from $40 to $55 while maintaining a Buy rating. The firm’s upwardly adjusted price target suggests a further 18% upside from current levels. This upside is consistent with the Wall Street analysts’ median upside estimate of 11% based on 19 analysts covering the stock.

    GDS Holdings (GDS) Surges 7.77% on JPMorgan’s Bullish Rating

    Ahead of the analyst’s recent price target increase, GDS Holdings Limited (NASDAQ:GDS) issued a capital markets update that drew investor attention. The company revealed on February 6 that it had filed a Form 6-K with the U.S. Securities and Exchange Commission. The filing relates to the transaction documents associated with a $300 million private placement of convertible preferred shares issued to a Chinese institutional investor. By raising capital through convertible preferred equity, GDS Holdings Limited (NASDAQ:GDS) highlighted its ongoing capacity to attract capital from institutional investors. The additional capital is expected to enhance the company’s financial flexibility, supporting its day-to-day operations and growth plans. At the same time, the filing reflects GDS’s commitment to meeting regulatory standards in both the United States and Hong Kong.

    GDS Holdings Limited (NASDAQ:GDS) is an operator and developer of data centers. The company is operating in the People’s Republic of China. It provides colocation, consulting, managed hosting, managed cloud, and server middleware services. The company serves large Internet companies, telecommunications carriers & IT service providers, multinational corporations,  cloud service providers, financial institutions, and the large domestic private sector.

    While we acknowledge the potential of GDS as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

    READ NEXT:  Cathie Wood’s Stock Portfolio: Top 10 Stocks to Buy and 30 Most Fantastic Stocks Every Investor Should Pay Attention To.

    Disclosure: None. This article is originally published at Insider Monkey.

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  • Italian Tax Probe Tests Amazon.com’s Regulatory Costs And Profit Flexibility

    Italian Tax Probe Tests Amazon.com’s Regulatory Costs And Profit Flexibility

    Track your investments for FREE with Simply Wall St, the portfolio command center trusted by over 7 million individual investors worldwide.

    • Italian authorities have opened a new tax investigation into Amazon, conducting searches at the company’s Milan headquarters and at the homes of senior managers.

    • The inquiry focuses on Amazon’s tax affairs in Italy and comes as the group’s European operations face increased regulatory attention.

    • Amazon, listed as NasdaqGS:AMZN, has criticized the actions as aggressive and disproportionate, highlighting tensions between the company and Italian tax authorities.

    For you as an investor, this sits against the backdrop of Amazon’s broad business mix, from its core ecommerce operations to cloud services and digital content. Regulatory and tax questions have become more frequent talking points for large global platforms, especially in Europe, where authorities have been reassessing how multinational groups are taxed.

    Looking ahead, outcomes from this investigation could affect Amazon’s compliance approach, disclosure practices, and the way it manages operational risk in key overseas markets. It may also contribute to wider debates on multinational taxation, which can influence costs, capital allocation, and how investors assess regulatory risk around NasdaqGS:AMZN over time.

    Stay updated on the most important news stories for Amazon.com by adding it to your watchlist or portfolio. Alternatively, explore our Community to discover new perspectives on Amazon.com.

    NasdaqGS:AMZN 1-Year Stock Price Chart

    Is Amazon.com’s balance sheet strong enough for future acquisitions? Dive into our detailed financial health analysis.

    For you, the key question is how a fresh Italian tax probe could affect Amazon’s cost base and flexibility at a time when it is already committing large sums to AI and data center investment. The investigation reportedly focuses on whether Amazon’s EU unit should have declared more income in Italy between 2019 and 2024. If authorities ultimately claim back taxes, interest, or penalties, that would be a direct cost. More broadly, it signals that tax structuring for large digital groups in Europe is under close review, which can add legal expenses, management distraction, and potentially tighter rules on how profits are booked across borders.

    • This news lines up with the narrative’s point that regulatory pressure is a real factor for Amazon, as tax scrutiny in Italy sits alongside other legal and policy questions around cloud and ecommerce.

    • It could challenge the idea that efficiency gains from automation and international expansion simply drop to the bottom line, because incremental tax or compliance costs in Europe may offset some of those benefits.

    • Intensified tax enforcement in individual markets like Italy may not be fully reflected in long term margin assumptions, particularly if more countries reassess how they treat profits from AWS and ecommerce operations.

    Knowing what a company is worth starts with understanding its story. Check out one of the top narratives in the Simply Wall St Community for Amazon.com to help decide what it is worth to you.

    • ⚠️ Additional tax assessments, interest, or fines in Italy could lift Amazon’s effective tax rate and weigh on cash flows at a time of very high capital spending.

    • ⚠️ A precedent in Italy might encourage other European countries to reexamine Amazon’s local tax base, increasing regulatory, legal, and compliance complexity versus peers such as Alphabet and Microsoft.

    • 🎁 Clarified tax treatment and eventual settlements can reduce uncertainty and allow investors to better assess long term earnings quality and cash conversion.

    • 🎁 Amazon’s diversified earnings engines, including AWS and advertising, provide multiple levers to absorb regulatory and tax costs compared with more narrowly focused retailers.

    From here, it is worth tracking a few things closely. First, any disclosure from Amazon or Italian authorities on the size and scope of the alleged underpaid taxes, as that will shape the potential financial hit and timeline. Second, whether similar questions are raised in other EU markets, which would point to a broader pattern rather than a one off issue. Third, management commentary on how regulatory and tax developments are factored into capital allocation, especially as Amazon commits around US$200b of capex in 2026. Together, these signals can help you judge whether regulatory risk is becoming a structural feature of the Amazon investment case or remains a contained, country specific issue.

    To ensure you’re always in the loop on how the latest news impacts the investment narrative for Amazon.com, head to the community page for Amazon.com to never miss an update on the top community narratives.

    This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

    Companies discussed in this article include AMZN.

    Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com

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  • To label or not to label?

    To label or not to label?

    The Canadian government’s recent approval of the first gene-edited animal to enter the food system has reignited debates over whether foods produced using genetic engineering techniques should be labelled.

    Gene-edited animals, including faster-growing fish, heat-tolerant cows and disease-resistant pigs, have already been approved in the United States, Japan and several countries in South America. These decisions, including Canada’s approval, were made with limited public awareness and input.

    Advocacy groups such as the Canadian Biotechnology Action Network, political parties including the Bloc Québécois and organic pork producers are calling for mandatory labelling of gene-edited meat in Canada.

    Public demand

    Public opinion research indicates that many Canadians view labelling gene-edited foods as essential. Polling commissioned by the Canadian Health Food Association suggests many Canadians want greater transparency about the use of gene editing for food production.

    Studies in the United States also suggest that consumer acceptance increases when the benefits of gene editing are clearly communicated.

    Similarly, a survey commissioned by the company that developed Canada’s first approved gene-edited pig found that many Canadians would consider purchasing gene-edited pork if health and environmental benefits were delivered.

    Why label gene-edited meat?

    Food labelling serves multiple purposes: it provides information about a product’s ingredients and the production methods involved. Labels also play a democratic role by promoting transparency and accountability. This in turn allows consumers to make choices that reflect health considerations as well as their ethical, political and environmental values.

    Debates over the labelling of gene-edited meat often hinge on tensions between ethical principles such as protection and autonomy. On the one hand, governments are tasked with protecting the food supply and ensuring food safety. On the other hand, individual consumers have the right to know how food is produced and to make choices accordingly.

    Proponents of labelling argue that consumers have a fundamental right to know what’s in their food, how it was produced and what potential risks are involved.

    With gene-edited meat, public concerns include health and safety risks, as well as environmental consequences, animal welfare, corporate control of the food system via patents and licensing and threats to food sovereignty.

    For example, gene-edited animals could potentially be harmed by unintended consequences, including off-target side effects. It is imperative to ensure traceability in commercial settings with clear mechanisms to report on animal health and welfare.

    Packaged meat at a grocery store in Montréal.
    A supermarket display of packaged meat.

    By enhancing consumer choice, labelling can also foster market competition.

    Opponents of labelling argue that gene-edited foods are scientifically proven to be safe and that labelling could mislead consumers into assuming there is a risk where none exists. They argue that labels can create fear and confusion, potentially undermining the adoption of breeding techniques that could enhance health, reduce environmental impacts and improve food security.

    Labelling also has political consequences. Market-based approaches shift responsibility to individual consumers, which can foreclose other avenues for collective decision-making about how food systems should be governed.

    Mandatory versus voluntary labelling

    Canada currently doesn’t require the labelling of genetically modified (GMO) or gene-edited foods. Under the Food and Drugs Act, labelling is mandated only when a product poses a health or safety concern.

    This is at odds with approaches elsewhere. For example, the U.S. National Bioengineered Food Disclosure Standard requires companies to label genetically engineered foods, while decisions about the labelling of gene-edited foods are made on a case-by-case basis.

    In Canada, voluntary labelling is permitted provided it’s truthful and not misleading. The Canadian Standards Board, scheduled soon to cease operations due to budget cuts, provides guidance on voluntary labelling for genetically engineered foods. Notably, its definition of genetic engineering excludes both conventional breeding and gene editing.

    The Canada organics sector relies on voluntary non-GMO food labelling. Similar to international organic standards, certified organic products in Canada prohibit the use of genetically engineered and gene-edited seeds, feed and food.

    A farmer's market display with boxes of organic cherry tomatoes and ears of corn.
    Canada’s organic food sector relies on voluntary non-GMO labels.
    (Anne Preble/Unsplash)

    Following Health Canada’s approval of gene-edited pigs in January, organic pork producer duBreton introduced Canada’s first verified non-gene-edited and non-cloned meat label.

    This proposed label was also a response to a now-paused federal proposal to exclude cloned animals from the definition of novel foods, a move that would allow cloned meat to enter the market without consumer or government notification.

    A lack of public engagement

    The labelling of gene-edited meat raises several questions. Food labels can support consumer autonomy and transparency, but labels are not good at conveying complicated information. Labels also privilege market forces for making collective decisions, instead of other democratic processes such as public deliberation and stringent regulation.

    In a regulatory context that largely promotes biotechnology while offering few opportunities for meaningful public engagement, it remains unclear whether labelling is the most effective democratic approach to gene-edited meat in Canada.

    As gene-edited animals potentially become more common in global food systems, the question is not just whether to label these products, but which political opportunities labelling creates or restricts — and for whose benefit.

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  • Hamilton Lane (HLNE) Valuation Check After Recent Share Price Pullback

    Hamilton Lane (HLNE) Valuation Check After Recent Share Price Pullback

    Never miss an important update on your stock portfolio and cut through the noise. Over 7 million investors trust Simply Wall St to stay informed where it matters for FREE.

    Hamilton Lane (HLNE) is back on investor radars after a mixed stretch in the share price, with recent returns over the month, past 3 months and year pulling back from earlier multi year gains.

    See our latest analysis for Hamilton Lane.

    At the latest share price of $122.76, Hamilton Lane’s recent 30 day share price return of a 19.65% decline and 1 year total shareholder return of a 20.21% decline point to fading momentum after stronger multi year gains, which may reflect shifting expectations around growth and risk.

    If this pullback has you comparing options, it could be a suitable moment to broaden your search and check out 23 top founder-led companies as potential fresh ideas beyond Hamilton Lane.

    With Hamilton Lane trading at $122.76 alongside an indicated intrinsic discount of about 33%, the key question is whether this recent slump has opened up a genuine opportunity or if the market already reflects its future growth.

    Hamilton Lane’s fair value in the most followed narrative sits at $181.14 versus the latest close at $122.76. This puts a sizable gap between the model and the market and sets up a valuation story built on growth, margins and cash flows discounted at 7.91%.

    Healthy pipeline/backlog in customized separate accounts and perpetual fundraising strategies creates forward visibility into recurring revenue streams and earnings growth, while the high unrealized carry balance (~$1.3 billion) points to potential for strong incentive fee income as more favorable macro conditions enable exits and crystallization of performance fees.

    Read the complete narrative.

    Curious what sits behind that confidence in future earnings power? This narrative leans heavily on rising fee income, expanding margins and a premium earnings multiple. Want to see exactly how those pieces stack up against the current price and discount rate assumptions? The full story spells out the numbers that support that $181.14 fair value.

    Result: Fair Value of $181.14 (UNDERVALUED)

    Have a read of the narrative in full and understand what’s behind the forecasts.

    However, this hinges on fee growth and margins holding up. Heavier regulation or fee pressure could quickly challenge those earnings assumptions and the premium P/E embedded in the story.

    Find out about the key risks to this Hamilton Lane narrative.

    The earlier view leans on a fair value of $181.14 based on future cash flows and earnings power. On current numbers, though, Hamilton Lane trades on a P/E of 23.1x versus a peer average of 12.6x and a fair ratio of 19.2x, which points to a richer price and some valuation risk if sentiment cools.

    That kind of gap can matter if growth or margins fall short of expectations, so the real question is whether you think the current premium is a fair reflection of quality or a stretch too far.

    See what the numbers say about this price — find out in our valuation breakdown.

    NasdaqGS:HLNE P/E Ratio as at Feb 2026

    If you look at these numbers and reach a different conclusion, or simply prefer hands on research, you can build your own narrative in just a few minutes, Do it your way.

    A good starting point is our analysis highlighting 4 key rewards investors are optimistic about regarding Hamilton Lane.

    If Hamilton Lane has sharpened your focus, do not stop here. The screener can help you spot other opportunities that fit how you like to invest.

    This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

    Companies discussed in this article include HLNE.

    Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com

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  • How China is celebrating the Year of the Horse

    How China is celebrating the Year of the Horse

    Officials hope the longer holiday will boost consumption amid an economic slump that is weighing on people’s minds.

    “The overall environment isn’t very good,” said Liu Zhenqiang, 38, who works in tech. “I have many friends around me who are currently unemployed. So if you have a job yourself, you really need to cherish it.”

    For some, the somber mood was captured by a plush toy that went viral after a stitching mistake by a Chinese retailer created the “crying horse,” greeting the new year with a mournful frown.

    In the grand Chinese tradition of Spring Festival wordplay, another unlikely mascot has also emerged: the “Harry Potter” character Draco Malfoy. Some households are decorating their doors with pictures of a smirking Malfoy — played by English actor Tom Felton — because of the auspicious Chinese translation of his character’s name, “ma er fu,” which contains the words for “horse” and “fortune.”

    A plush horse toy with an accidental frown has become a viral sensation in China.Lyu Bin / VCG via Getty Images

    This year is not just the Year of the Horse but the Year of the Fire Horse, which in Chinese astrology is associated with intensity, decisive action and excitement — or chaos.

    Letao Wang, a professional astrologer in Hong Kong, compared the fire horse to a sports car.

    “I think the fire horse here, in a good way, is telling us that a lot of things are going to move forward,” he said.

    “It’s about speed. It’s about momentum. It’s about fast movement,” Wang said. “But at the same time, we really have to know how to focus on the road, so to speak, and how to balance ourselves so that we are driving the horse instead of falling off it.”

    Chinese companies are trying to seize on that momentum before the holiday even begins, with tech giants engaged in a “red envelope war” as they compete for users for their AI assistants.

    Tencent and Baidu are giving away a combined 1.5 billion yuan ($217 million) in digital red envelopes, which are small cash gifts traditionally handed out for the new year. Alibaba is spending 3 billion yuan ($431 million) on a discounted boba tea promotion for its Qwen chatbot that generated 10 million orders in the first nine hours, overwhelming shops and delivery riders and crashing servers.

    A year after Chinese start-up DeepSeek rattled the global tech industry with the Spring Festival release of its low-cost AI model, new models are also expected from DeepSeek and others. They include Seedance 2.0, an AI video generator from TikTok owner ByteDance that was released Monday.

    China Daily Life
    A woman taking a selfie with a “God of Wealth” robot in Beijing on Friday.Fred Lee / Getty Images

    Though China has changed greatly in recent decades — with special foods and new outfits that were once rare holiday treats now everyday purchases for many middle-class people — Xu said some aspects of the new year celebration have stayed the same.

    “We still kowtow to our elders and give New Year greetings; those traditions remain,” he said. “We also have a set menu for what to eat each day.”

    “And we still buy new clothes — no matter what, everyone in the family puts on new clothes on the first day of the Lunar New Year.”

    Liu Fang, an office clerk from Shandong province, said he thought 2026 “might be better than before,” despite the tough economy.

    “Even though robots are replacing some labor, new industries and job openings will emerge,” he said.

    “Ultimately, it comes down to hard work and personal ability.”

    Janis Mackey Frayer, Dawn Liu and Erin Tan reported from Beijing, and Jennifer Jett reported from Hong Kong.

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