FAST NEWS: Noah’s profit drops on higher selling expenses
The latest: Noah Holdings Private Wealth and Asset Management Ltd. (NOAH.US; 6686.HK) reported Tuesday that its first-quarter revenue increased by 1% to 804 million yuan ($113 million), while its net profit…
NOAH.US
6686.HK
FAST NEWS: Lufax’s profit tanks as new lending plummets
The latest: Lufax Holding Ltd. (LU.US; 6623.HK), the largest of China’s private online loan facilitators, reported its revenue fell 41.8% to 10.08 billion yuan ($1.44 billion) in the first quarter,…
LU.US
6623.HK
FAST NEWS: KE Holdings swings back to black on real estate rebound
The latest: Residential real estate broker KE Holdings Inc. (BEKE.US; 2423.HK) on Thursday reported a 61.5% year-on-year jump in revenue to 20.28 billion yuan ($2.93 billion) in the first quarter, as it swung…
BEKE.US
2343.HK
FAST NEWS: Five missing in Zijin mining accident
The latest: Zijin Mining Group Co. Ltd. (2899.HK; 601899.SH) announced on Monday that a lift cage fell during construction of an open pit metal mine operated by its Julong Copper…
2899.HK
601899.SHG
FAST NEWS: Lufax jumps after announcing plans for second listing in Hong Kong
The latest: Lufax Holding Ltd. (LU.US), the largest of China’s private online loan facilitators, announced Tuesday that it will be listed on the Hong Kong Stock Exchange on Friday “by way of…
LU.US
FAST NEWS: FWD enters Malaysian life insurance market via acquisition
The latest: FWD Group Holdings Ltd. announced on Monday it has completed its purchase of a majority stake, along with other investors, in Gibraltar BSN Life Berhad, marking its entry…
FAST NEWS: Lufax swings to loss as new lending tumbles
The latest: Lufax Holding Ltd. (LU.US), the largest of China’s private online loan facilitators, reported its revenue fell 22% to 12.32 billion yuan ($1.79 billion) in the fourth quarter, while…
LU.US
