Waterdrop splashes back to revenue growth. But are investors listening?
The insurance broker’s revenue rose 38.4% in the third quarter, boosted by a 20-fold increase for its young technical services business Key Takeaways: Waterdrop looks set to return to strong…
Capital Securities offers limited value in crowded brokerage field
The company aims to become China's 14th dual-listed brokerage with its planned Hong Kong IPO, even though its small size could dampen its appeal Key Takeaways: Capital Securities has filed…
Mainland regulators trip up Ant Group – again
Hong Kong’s Bright Smart Securities says its plan to be acquired by Ant is progressing on schedule, but a media report suggests the deal may face greater regulatory scrutiny Key…
Webull’s charge from IPO gate looks unsustainable as China risks hover
The online stockbroker’s shares surged following a backdoor listing, but its China ties and growing economic uncertainty could be major risks Key Takeaways: Webull shares soared 375% on the second…
BRIEF: Futu profit doubles on heavy trading during stock market rally
Online brokerage Futu Holdings Ltd. (FUTU.US) said on Thursday its revenue jumped 86.8% in the fourth quarter to HK$4.43 billion ($570 million), fueled by higher trading volumes as investors rushed…
JF SmartInvest makes roaring, yet vulnerable, comeback on China stock rally
The investment educator’s net profit grew sharply last year, despite a large loss in the first half, amid strong demand for its products fueled by a bull run for Chinese…
Waton plays up fintech transformation, though without much evidence
The online stockbroker prominently highlights its focus on fintech services as it seeks a New York IPO, but its financial results don’t quite back that up Key Takeaways: Waton is…
