Fintechs, Argentine Banks Advance, Crypto Firms Retreat: Week's Financial Roundup
China to Lift Fiscal Spending to Boost Economy
China Central Economic Work Conference: A Key Indicator for Future Market Trends
Top 3 Financial Stocks That Are Ticking Portfolio Bombs
Tonight, Chinese concepts soared! The nasdaq Golden Dragon index surged by 10%, while fangdd network doubled directly.
Some analysis indicates that the Political Bureau meeting first mentioned stabilizing the stock and real estate markets, and the US stock market quickly rallied on china assets. The 3x Long FTSE china etf surged over 26%, the 2x Long china internet plus-related stocks rose over 22%, the 2x Long FTSE china 50 ETF increased over 17%, and the 2x Long 300etf gained nearly 15%.
Lufax Rises 17.4%
China Will Adopt a "Moderately Accommodative" Monetary Policy in the Next Year, The First Shift to Easing Since 2011
Express News | China Signals Major Policy Shift: Hang Seng and Chinese Stocks Rally on Easing Measures
Lufax Holding Ltd's Ownership Consolidation by Ping An
Luk Kong (06623.HK): Lanbang, Anke Technology, and Tun Kung established a tripartite agreement.
On December 5th, Gelonghui reported that Luccon (06623.HK) announced that on December 5, 2024, the board of directors received a notice from Anke Technology, indicating that Lanbang, Anke Technology, and Tun Kung have entered into a tripartite agreement. According to this agreement, Tun Kung's offshore subscription options will be revised so that Anke Technology can purchase 173,744,733 shares held by Tun Kung (approximately 10.02% of the total shares), instead of purchasing all Tun Kung shares held by Lanbang. As the consideration for the transfer of the aforementioned shares, Tun Kung must...
Risk of US Credit Cycle Overheating Underpriced, Deutsche Bank Says
Sector Update: Financial Stocks Edge Higher Premarket Friday
Lufax Co-chief Executive Officer Gregory Dean Gibb Retires
Lufax Holdings (6623.HK) announces changes to the board of directors.
On November 22, Lufax Holdings Limited (LU.N, 06623.HK) announced changes in the board of directors. Mr. Ji Kui Sheng retired for personal reasons and no longer serves as an executive director and co-chief executive officer. Mr. Huang Yuqiang resigned as a non-executive director. Mr. Zhang Xudong resigned as an independent non-executive director. Meanwhile, Lufax Holdings' board of directors has appointed Mr. Zhu Peiqing as an executive director, Mr. Guo Shibang and Mr. Liu Hui as non-executive directors. Lufax Holdings stated that the changes in the board members were mainly due to normal job changes of departing directors, the company appreciates the significant contributions made by the three departing directors during their tenure.
Lufax Holding Ltd Reveals Board Composition and Leadership
Lufax Holding: Yuqiang Huang Resigned as Nonexecutive Director Due to Changes in Personal Work Arrangements >LU
Express News | Lufax - to Appoint Alston Peiqing Zhu as an Executive Director
Express News | Lufax Holding Ltd: Gregory Dean Retired as Executive Director and Co-CEO
Express News | U.S.-Listed Shares of Chinese Firms Drop Premarket on Worries Over Growing U.S.-China Trade Tensions Under Trump Presidency
Ping An Boosts Stake in Lufax With Cash Offers