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#二十大

【中共二十届一中全会公报发布】

公报显示,中央政治局常务委员为习近平、李强、赵乐际、王沪宁、蔡奇、丁薛祥、李希。

习近平为中央委员会总书记。蔡奇为中央书记处第一书记。李希为中央纪律检查委员会书记。

习近平为中央军事委员会主席,副主席为张又侠和何卫东。

中央政治局委员24人,分别为,丁薛祥、习近平、马兴瑞、王毅、王沪宁、尹力、石泰峰、刘国中、李希、李干杰、李书磊、李鸿忠、何卫东、何立峰、张又侠、张国清、陈文清、陈吉宁、陈敏尔、赵乐际、袁家军、黄坤明、蔡奇。

此外,十九届政治局委员中留任中央委员的胡春华并未出现在二十届政治局委员名单中。(新华社)



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#二十大

【中共二十届一中全会公报发布】

公报显示,中央政治局常务委员为习近平、李强、赵乐际、王沪宁、蔡奇、丁薛祥、李希。

习近平为中央委员会总书记。蔡奇为中央书记处第一书记。李希为中央纪律检查委员会书记。

习近平为中央军事委员会主席,副主席为张又侠和何卫东。

中央政治局委员24人,分别为,丁薛祥、习近平、马兴瑞、王毅、王沪宁、尹力、石泰峰、刘国中、李希、李干杰、李书磊、李鸿忠、何卫东、何立峰、张又侠、张国清、陈文清、陈吉宁、陈敏尔、赵乐际、袁家军、黄坤明、蔡奇。

此外,十九届政治局委员中留任中央委员的胡春华并未出现在二十届政治局委员名单中。(新华社)

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Telegram hopes to raise $1bn with a convertible bond private placement

The super secure UAE-based Telegram messenger service, developed by Russian-born software icon Pavel Durov, is looking to raise $1bn through a bond placement to a limited number of investors from Russia, Europe, Asia and the Middle East, the Kommersant daily reported citing unnamed sources on February 18, 2021.The issue reportedly comprises exchange bonds that could be converted into equity in the messaging service that is currently 100% owned by Durov and his brother Nikolai.Kommersant reports that the price of the conversion would be at a 10% discount to a potential IPO should it happen within five years.The minimum bond placement is said to be set at $50mn, but could be lowered to $10mn. Five-year bonds could carry an annual coupon of 7-8%.

However, analysts are positive on the stock now. “We have seen a huge downside movement in the stock due to the central electricity regulatory commission’s (CERC) order that seems to be negative from 2014-15 onwards but we cannot take a linear negative view on the stock and further downside movement on the stock is unlikely. Currently stock is underpriced. Investors can bet on it for a longer horizon," said Vivek Gupta, director research at CapitalVia Global Research.

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