Estrella Immunopharma nears completion of SPAC listing
The developer of T-cell cancer therapies is based in California, but says it ‘may be subject to risks’ due to its numerous China connections Key Takeaways: Estrella Immunopharma is nearing…
UP Fintech talks up TigerGPT as new investor tool
The online broker says its investment chatbot won’t pick stocks, but could ease the ‘overwhelming feeling’ investors get from sifting through ‘mountains of scattered data and information’ Key Takeaways: UP…
UP Fintech, Futu Under Pressure to Go Global as Regulatory Bomb Blows Up in China
Overseas expansion is becoming critical for the pair of online brokers after China’s securities regulator said their cross-border trading services for mainland investors were illegalKey Takeaways:China’s securities regulator said UP…
‘Stock Advisor’ JF Wealth Defies Market Basics with Ill-Timed IPO Bid
China's largest online investor content provider has filed a third time for a Hong Kong listing despite some of the weakest market sentiment in years Key Takeaways: Online investment advisor…
FinVolution Picks Up the Pace in Its Global Expansion
The fintech lender announced a major boost in the size of the borrowing facility from its Indonesia partner, though the expanded amount is still small at around $30 million Key…
Online Brokers UP Fintech, Futu Stumble on Weak Stock Markets
China’s leading pair of internet-based stock brokers report first-quarter revenue declines, as UP Fintech reports second consecutive quarterly loss Key Takeaways: UP Fintech and Futu reported sharp first-quarter revenue declines…
U.S.-Bound China IPO Train Could Resume by Summer, Latest Signals Show
Chinese securities regulator issues draft rule changes that would allow U.S.-listed Chinese firms’ auditors to share information with the SEC Key Takeaways: China’s securities regulator has published draft rule changes…