HKEX reported its best third-quarter earnings in three years on Oct 23, with net profit up 7% y-o-y to HK$3.15 billion in 3QFY2024 ended Sept 30. ( read original story ...)
Report on China’s affluent population released
Shanghai Jiaotong University's Shanghai Advanced Institute of Finance (SAIF) and Charles Schwab, a provider of financial services, jointly issued the eighth annual "SAIF-Charles Schwab China Rising ... ( read original story ...)
China Market Update: Hong Kong IPOs Take Flight
Asian equities were mixed overnight despite a stronger US dollar. Hong Kong and South Korea outperformed, while Thailand was closed for Chulalongkorn Day, a national holiday commemorating His Majesty ... ( read original story ...)
Al-Musallam introduces financial incentives for swimmers
The International Swimming Federation, led by Captain Hussain Al-Musallam, has announced financial rewards for swimmers who achieve the ... ( read original story ...)
EY Sees Global IPO Recovery Next Year as Sponsors Plot Exits
Improving market conditions and a backlog of private equity sales are setting the stage for a busy 2025 in equity capital markets, with initial public offerings likely to pick up across regions, ... ( read original story ...)
China central bank conducts first operations under swap facility to bolster stock market
China's central bank said it conducted its first operations under a swap facility designed to bolster the stock market, exchanging assets worth 50 billion yuan ($7.03 billion) with brokerages, fund ... ( read original story ...)
China Central Bank Rate-Cut Underwhelms Asian Stock Markets
Asian stock markets turned in an uneven Monday, after a rate cut by Beijing's central bank failed to assuage investor concerns regarding the outlook for China's giant economy and property sector. Hong ... ( read original story ...)