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…
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…
