Keywords: Stock market


Shein receives China approval for Hong Kong IPO after failed New York and London plans

Chinese online fast-fashion giant Shein has received approval from Chinese regulators to proceed with a long-awaited initial public offering (IPO) in Hong Kong, marking a major step toward a potential stock market debut after previous attempts in other financial centres failed. The China Securities......

SK Hynix raises $26.5 billion ahead of landmark Wall Street listing fueled by AI chip demand

South Korean memory chip manufacturer SK Hynix has secured $26.5 billion ahead of its Wall Street debut, marking one of the largest capital raises ever completed before a stock market listing. The company announced on Friday that it had priced the shares to be offered in its U.S. listing later in the......

Tencent unit targets up to $1.55 billion through Kuaishou share sale

A subsidiary of Tencent Holdings is seeking to raise as much as $1.55 billion by selling part of its stake in Kuaishou Technology, according to a term sheet reviewed by Reuters, in a move that could become one of the largest secondary share offerings in Hong Kong’s technology sector this year. The......

India plans major overhaul of stock lending rules to expand short selling

India’s securities regulator is preparing a significant overhaul of its stock lending framework that would make short selling more accessible by expanding the number of eligible shares and easing collateral requirements, according to people familiar with the plans. The proposed reforms are designed......

FTSE indexes slip as miners weigh on London market despite M&A-driven gains

Britain’s main equity benchmarks edged lower on Monday, as weakness in mining stocks offset gains in travel and media companies, while investors digested a wave of merger and acquisition activity across listed firms. The FTSE 100 slipped by around 0.1% to 10,663.68 points, while the mid-cap FTSE......

Wall Street Week Ahead: investors turn to fed signals and early earnings as tech volatility returns

Investors are heading into a crucial week on Wall Street, with attention focused on monetary policy signals from the Federal Reserve and early corporate earnings reports that could set the tone for the upcoming U.S. reporting season, as recent volatility in technology stocks continues to weigh on sentiment. Market......

Elon Musk returns to the trillion-dollar club as Tesla and SpaceX surge

Elon Musk has once again crossed the trillion-dollar wealth threshold after a strong rally in the market value of his flagship companies, Tesla and SpaceX. The rebound marks a significant recovery following recent declines in technology stocks and reinforces Musk's position as one of the world's......

Canada stocks set for eighth straight quarterly gain as commodity trends and trade uncertainty shape Outlook

Canadian equity futures edged higher on Tuesday, pointing to a positive market open and setting the stage for what would be the eighth consecutive quarterly gain for Canada’s main stock benchmark, supported by commodities and easing geopolitical tensions. Futures on the S&P/TSX Composite Index......

FTSE 100 on track for sixth straight quarterly gain as ceasefire hopes lift UK markets

The UK’s FTSE 100 edged higher on Tuesday and was set to extend its winning streak to a sixth consecutive quarterly gain, as investor sentiment improved on optimism surrounding a potential ceasefire in the Middle East. The blue-chip index rose around 0.5% by 09:04 GMT, supported by strong performances......