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…
BRIEF: Capital Securities gets regulatory nod, refiles for Hong Kong IPO
Capital Securities Corp. Ltd. (601136.SH) refiled a new IPO application with the Hong Kong Stock Exchange on Friday, the same day the brokerage received official approval from China’s securities regulator…
BRIEF: Fosun weighs sale of Portuguese bank holding
Fosun International Ltd. (0656.HK) is considering a sale of its 20.45% stake in Banco Comercial Portugues, Portugal’s largest listed bank, as it sells down non-core assets to improve its financial…
BRIEF: Shouhui swings to the black on financial instrument gains
Insurance intermediary services provider Shouhui Group Ltd. (2621.HK) said on Wednesday it expects to report a profit of between 780 million yuan ($114 million) and 800 million yuan for 2025, reversing a…
BRIEF: Hang Seng Index adds three firms, removes Zhongsheng
The Hang Seng Indexes Co. added Contemporary Amperex Technology (CATL)(3750.HK), CMOC Group (3993.HK) and Laopu Gold (6181.HK) to its benchmark Hang Seng Index, according to its quarterly review whose results…
BRIEF: Value Partners profit soars on strong investment gains
Asset manager Value Partners Group Ltd. (0806.HK) said on Wednesday its profit rose sharply last year, as rallying stock markets provided a strong boost to the value of its assets…
