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…
Noah Holdings Lowers Profit Forecast Amid Market Turmoil, Pandemic Lockdowns
The wealth management company has cut its profit projection for the whole year by up to 35.5%Key Takeaways:Noah Holdings revised down its non-GAAP annual net profit forecast from a maximum…
Newly profitable Kanzhun Steps Aboard Hong Kong’s Dual Listing Train
China’s leading online recruiter has filed for a dual primary listing in Hong Kong after cutting its costs and getting approval to register new users Key Takeaways: Having finally turned…
FAST NEWS: Yum China Shifts Hong Kong Listing to Primary Status
The latest: Yum China Holdings, Inc. (YUMC.US; 9987.HK), operator of U.S. fast food giant Yum Brands Inc.’s (YUM.US) KFC and Pizza Hut chains in China, on Wednesday announced it will convert its secondary…
FAST NEWS: Miniso’s Shares Surge on Big Overseas Revenue Gains
The latest: Retailer Miniso Group Holding Ltd. (MNSO.US; 9896.HK) announced on Thursday its revenue dropped 6% to 2.32 billion yuan ($350 million) in the three months to June, but its net…
FAST NEWS: Noah Seeks to Upgrade Hong Kong Listing Status
The latest: Noah Holdings Private Wealth and Asset Management Ltd. (NOAH.US; 6686.HK) announced Wednesday that its board has approved allowing the company to convert its Hong Kong listing from secondary…
Alibaba Eyes Hong Kong Primary Listing as Hedge to U.S. Delisting Threat
Primary listing in Hong Kong in addition to its New York listing could also make the e-commerce giant's shares accessible to mainland China investors Key Takeaways: Alibaba said it expects…
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