Category: FINANCE

At an IPO price $7.80 a piece, AMTD Digital's stock price surged to a high of over $2,500 on volumes of a little over 2.5 lakh shares on Tuesday, taking the value of the company to more than $385 ... ( read original story ...)

Kingsoft Cloud has joined more than 100 companies that can be delisted in the U.S. amid an impasse in talks between Washington and Beijing. Read more. ( read original story ...)

Hong Kong billionaire Li Ka-shing's firm is selling its stake in the parent company of fintech upstart AMTD Digital, according to a statement released Thursday, after the company enjoyed a massive ... ( read original story ...)

The stock has soared about 21,000% since its July IPO, when it listed at a price of $7.80 its New York debut last month, and this the firm's shares have been on a rollercoaster ride, closing on ... ( read original story ...)

Several of Wall Street’s biggest banks have made quarantine-free travel a precondition for senior executives to attend a Hong Kong conference designed to trumpet the financial hub’s revival after ... ( read original story ...)

AMTD Digital, which provides loans and services to startups in exchange for fees, has generated only $25 million in revenue for the year ended April 2021 ... ( read original story ...)

Asia-Pacific shares traded higher on Thursday as investors move on from the tensions over U.S. House Speaker Nancy Pelosi's controversial visit to Taiwan. ( read original story ...)

Asia-Pacific shares traded higher on Thursday as investors move on from the tensions over U.S. House Speaker Nancy Pelosi's controversial visit to Taiwan. ( read original story ...)

The position of the Hong Kong dollar would be maintained. Even the lease of land would be valid after 1997 for 50 years with some stipulations. ( read original story ...)

Shares of AMTD Digital have been skyrocketing this week, rising more than 125% on Tuesday as trading was halted several times for volatility, though the stock fell back to earth somewhat on Wednesday, ... ( read original story ...)

AMTD Digital made its stock market debut just two months ago, reported $25m in revenue last year and has just 51 employees. ( read original story ...)

A little-known Hong Kong-based company appears to have become the latest obsession of traders on the popular Reddit forum WallStreetBets, helping its stock shoot up 21,000% since its IPO less than a ... ( read original story ...)

Defense stocks and semiconductors were two of the best performing sub-sectors in both Hong Kong and China as investors exhaled after putting on some hedges. Hong Kong was led higher by internet stocks ... ( read original story ...)

High on shareholders’ minds is whether the London-based bank should continue to straddle the gulf between the East and the West, and how it can navigate the geopolitical minefield in deteriorating ... ( read original story ...)