China plays catch-up to U.S. in stablecoin rivalry
As the U.S. moves swiftly to set the rules for on-chain finance, an increasingly anxious China is seeking entry to the virtual currency world via Hong Kong By Lee…
FAST NEWS: Guotai Junan to merge with Haitong to create new leading brokerage
The Latest: Guotai Junan Securities Co. Ltd. (2611.HK; 601211.SH) announced Thursday it plans to merge with Haitong Securities Co. Ltd. (6837.HK; 600837.SH) via a share swap, while Guotai Junan will…
Haitong International gets set to bow from the Hong Kong Stock Exchange
Haitong Securities has launched a privatization bid for its international unit, offering more than double its last trading price Key Takeaways: Haitong Securities has offered to privatize Haitong International for…