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Wang Jianlin sells off HYROX: LVMH-backed investment firm takes over, valuation may reach 4.7 billion.

14/09/2026

Recently, a company under Wanda sold a majority stake in the global integrated fitness race IP Hyrox. Infront Sports & Media announced on September 8 that it has sold its majority stake in HYROX, with the buyer being a consortium led by L Catterton, the world's largest consumer investment firm. The key figures in the consortium include Hyrox co-founders Christian Toetzke and Moritz Frste, as well as the well-known Silicon Valley fund WndrCo.

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Ammonia leak at a fertilizer plant in southern Iraq has caused over 100 casualties.

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"Fed whisperer" Nick Timiraos: The Chicago Fed has published an interesting paper on the Fed's dot plot, showing that when the median SEP forecast for the federal funds rate is 25 basis points higher than market expectations, market-implied rates move only about 5 basis points on the day. "Part of the market's adjustment is consistent with the public's understanding of the SEP dot plot, namely that these charts are conditional assessments rather than firm commitments, and that they embody considerable uncertainty."

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Moody's: First-time assignment of "B2" corporate family rating to Pengxin Resources (600490.SH), outlook "stable"

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"Fed whisperer" Nick Timiraos: The Chicago Fed published an interesting paper on the Fed's dot plot, showing that when the median SEP forecast for the federal funds rate is 25 basis points higher than market expectations, market-implied rates (OIS forwards) moved only about 5 basis points that day. "Part of the market's adjustment is consistent with the public's understanding of the SEP dot plot, namely that these charts are conditional assessments rather than firm commitments, and that they embed considerable uncertainty."

3 m ago

SmartSens: MicroLED optical interconnect business is currently in the R&D stage.

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