China's securities regulator is tightening scrutiny on offshore brokerages, restricting retail investors' access to US stocks. This move aims to redirect domestic capital and companies towards Hong Kong, seen as a more controllable financial hub.
AI developers MiniMax Group and Knowledge Atlas Technology are listing in Hong Kong before pursuing mainland China stock offerings. This strategy aims to establish international valuations and attract global investors.
China's yuan-denominated stock indexes are set to increase the representation of technology companies, a move expected to attract more investment and enhance the sector's appeal. Leading AI chipmakers and new-economy stocks will be added to key gauges.
China's securities regulator has fined Tiger Brokers and Futu Securities for illegally offering mainland investors access to overseas trading. The CSRC stated the companies promoted trading and handled orders without approval, disrupting market order and threatening financial stability. Hong Kong's SFC also increased scrutiny.
China's securities regulator has fined Tiger Brokers and Futu Securities for illegally providing mainland investors access to overseas stock trading. The CSRC stated the companies disrupted market order and will confiscate ill-gotten gains.
The "National Participation Growth Fund," launched on May 22nd, has experienced overwhelming demand, with some brokerages selling out their allocated amounts within 10 minutes of sales opening. Banks also saw customers lining up before opening hours for the 'open run' phenomenon.
Delhivery's Q4 FY26 net profit dipped 0.2% YoY to Rs 72.4 crore, causing shares to fall 5%. However, revenue grew 30% YoY to Rs 2,850 crore, with EBITDA surging 80%. Brokerages like Nuvama, Motilal Oswal, and Elara Capital maintained 'Buy' ratings.
Japan's major brokerages, including SBI Securities and Rakuten Securities, are developing crypto investment trusts for retail investors. Nomura and Daiwa also plan similar products, aiming to simplify crypto access through existing securities accounts as regulations evolve.
SEOUL, May 9 (Yonhap) -- South Korean brokerages are seeking partnerships and ex...
Reliance Industries is expected to report mixed Q4FY26 performance with revenue growth of 8%-13% but profitability pressure. Net profit is projected in the range of Rs 16,200 crore to Rs 23,053 crore, with YES Securities forecasting 2% YoY growth while others expect declines of 4.7%-17%. O2C and upstream segments are likely to drag performance while telecom (Jio) and retail will provide support. EBITDA is expected to remain largely stable YoY. RIL will announce earnings on Friday, April 24.
