BRIEF: Shouhui returns to profit on financial instrument gains
Insurance intermediary services provider Shouhui Group Ltd. (2621.HK) saidon Thursday it expects to report a net profit of between 660 million yuan ($92 million) and 680 million yuan for the…
BRIEF: LexinFintech’s revenue dips on drop in credit facilitation business
Online loan facilitator LexinFintech Holdings Ltd. (LX.US) on Thursday reported its revenue fell slightly in the second quarter, as strong growth in its tech empowerment services wasn’t enough to offset…
BRIEF: Amber Int’l becomes first listed Asian firm with on-chain stock as AMBRx
Amber International Holding Ltd. (AMBR.US) has become the first Asia-based public company to offer its stock on-chain, trading as AMBRx on the solana blockchain, CEO Wayne Huo confirmed on Tuesday…
BRIEF: CICC profit jumps in first half on booming Hong Kong IPO market
Leading investment bank China International Capital Corp. Ltd. (3908.HK; 601995.SH), or CICC, said on Monday it expects to report a profit of between 3.45 billion yuan ($481 million) and 3.97…
BRIEF: DL Group gives timeline for asset tokenization plan
Financial services company DL Holdings Group Ltd. (1709.HK) said on Thursday that it expects to complete work on a cooperation framework and asset valuation in the third quarter for its…
BRIEF: FWD flat in Hong Kong trading debut
Insurance company FWD Group Holdings Ltd. (1828.HK) opened flat in its Hong Kong trading debut on Monday and traded within a narrow range during the day before closing up 1.05%…
BRIEF: Amber Int’l to use $25.5 million from Pantera, others to fund strategic reserve
Amber International Holding Ltd. (AMBR.US) said on Thursday that it will use new funds from its recently unveiled $25.5 million private placement to further enhance its $100 million “crypto ecosystem…
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