Ascentage Pharma soars on deal with cancer drug competitor
The Chinese drug developer put a rocket booster under its share price after enlisting a Japanese rival as a new equity partner and unveiling plans for a U.S. listing Key…
FAST NEWS: Tianqi Lithium Forecasts Huge Profit Jump for 2022
The Latest: Tianqi Lithium Corp. (9696.HK; 002466.SZ) announced on Wednesday it expects to report its net profit soared between 1,011% and 1,131% to between 23.1 billion yuan ($3.4 billion) and…
FAST NEWS: ZTO’s Hong Kong New ‘Primary’ Listing Status to Take Effect in May
The Latest: Logistics company ZTO Express (Cayman) Inc. (ZTO.US; 2057.HK) said its application to upgrade its Hong Kong listing from “secondary” to “primary” status has been approved and is expected…
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: Tencent Music’s Hong Kong Shares Outshine New York in Trading Debut
The latest: Tencent Music Entertainment Group (TME.US; 1698.HK) listed on the Hong Kong Stock Exchange Wednesday using a method called “by way of introduction,” which does not involve issuing new…
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…
Wealth Manager Noah Banks on Hong Kong to Revive Fortunes
The Chinese financial firm serving high-net-worth investors will soon list on the Hong Kong Stock Exchange to fund its business expansion. (more…)