Shares of Alibaba are still higher on the day, just off their best levels of the session. Nasdaq Golden Dragon index is up about 3.4%. Chinese-listed US stocks in the US have been outperforming at last quarter but obviously underperforming this year.
Bloomberg News Equities Reporter Yiqin Shen discusses Alibaba's plans to split its $220 billion empire into six main units that will individually raise funds and explore initial public offerings. Dr. Iman Abuzeid, Co-Founder and CEO at Incredible Health, shares the details of the company's 4th annual State of Nursing Report. Bloomberg Businessweek Editor Joel Weber and Bloomberg News Senior Writer for Economics Shawn Donnan talk about Shawn's Businessweek Magazine story China Becomes Lender of Last Resort for Developing Countries. And we Drive to the Close Brian Allen, Director of Fixed-Income at CS McKee Asset Management.
Hosts: Carol Massar and Jess Menton. Producer: Paul Brennan.
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