AI integration, foreign partnerships in new industries in focus at China Finance Summit
The event reflected Beijing's ongoing effort to restore private business confidence and project an ‘open for business’ image to the world By Da Cheung Amid global economic uncertainties and shifting…
Central China Securities first-half profit rises more than 46%
Brokerage Central China Securities Co. Ltd. (1375.HK) said on Tuesday it expects to report a profit of 380 million yuan ($56 million) to 430 million yuan for the first half…
GoFintech revenue surges in latest fiscal year, but loss deepens on one-off charges
Financial services provider GoFintech Quantum Innovation Ltd. (0290.HK) on Tuesday reported its revenue rose about 103% to HK$1.75 billion ($224 million) in its fiscal year through March from HK$863 million…
BRIEF: Chairman Tang Ning boosts indirect stake in Yiren Digital
Online lender Yiren Digital Ltd. said on Monday that following changes to the shareholding structure of its parent, the percentage of the company indirectly held by its Chairman Tang Ning…
BRIEF: Futu’s Moomoo unit in prediction market partnership with Kalshi
Moomoo Financial Inc., the English-language subsidiary of online stock brokerage Futu Holdings Ltd. (FUTU.US) said on Thursday it has formed a partnership that will give its users access to Kalshi,…
BRIEF: FinVolution revenue falls, as overseas growth continues
Online lending platform FinVolution Group (FINV.US) reported on Monday that its first-quarter revenue fell 20% year-over-year to 2.22 billion yuan ($327 million). But it continued to post strong growth overseas,…
BRIEF: Global Chinese Business Club posts big profit growth
Investment holding company Global Chinese Business Club (1757.HK) said on Tuesday it expects to report a major profit increase for its latest fiscal year through March, due in part to…
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