HashKey's lukewarm debut tests Hong Kong's ambitions as digital asset hub
Yahoo Finance· 2025-12-17 09:30
Shares of HashKey Holdings, operator of Hong Kong's largest licensed cryptocurrency exchange, fluctuated on their trading debut, as investors shunned risk amid a downturn in both equity and digital asset markets. Trading under the stock code 3887, HashKey shares first changed hands on Wednesday at HK$6.70, or 0.3 per cent above the offer price of HK$6.68 a share. The stock rose as much as 6.6 per cent before trading 1.1 per cent lower at HK$6.61 at 10.30am. The firm, one of 11 licensed virtual asset tra ...
Hong Kong stocks rebound as investors weigh rate-cut odds after mixed US job data
Yahoo Finance· 2025-12-17 09:30
Hong Kong stocks rebounded from a three-week low in a late rally on Wednesday, as traders weighed the prospects of monetary easing after a mixed reading on the US payroll report. The Hang Seng Index rose 0.9 per cent to 25,468.78 at the close after swinging between gains and losses during most of the day's trading. The Hang Seng Tech Index gained 1 per cent. On the mainland, the CSI 300 Index climbed 1.8 per cent and the Shanghai Composite Index added 1.2 per cent. Do you have questions about the bigge ...
MetaX soars nearly 700% in debut as traders snap up second Chinese GPU maker to go public
Yahoo Finance· 2025-12-17 09:30
MetaX Integrated Circuits soared on its trading debut in Shanghai as investors piled into the second Chinese producer of graphics processing units (GPUs) to go public this month amid optimism about China's push for self-sufficiency in semiconductors and artificial intelligence. The shares of the Shanghai-based company surged 693 per cent from the offer price to 829.90 yuan at the close on Wednesday on the technology-heavy Star Market, making the five-year-old company the third-best performing debut on the ...
Hong Kong exchange amends float rules to strengthen city's status as global finance hub
Yahoo Finance· 2025-12-17 09:30
Hong Kong Exchanges and Clearing (HKEX) has amended its post-listing public float rules to give companies greater flexibility in managing capital while strengthening market transparency. The bourse operator will allow listed companies to meet an alternative ongoing public float threshold, requiring at least 10 per cent of issued shares in the listed class and a market value above HK$1 billion (US$128.5 million). For mainland China-listed firms, or A shares, their Hong Kong shares must represent at least ...
China cements global lead in smart vacuums as Picea acquires Roomba maker iRobot
Yahoo Finance· 2025-12-17 09:30
Chinese robotics manufacturers are set to cement their dominance in the global smart vacuum market with Picea Robotics' acquisition of Roomba maker iRobot, after the US firm's proposed sale to Amazon.com last year fell through due to regulatory hurdles. China-based suppliers held the top five spots for worldwide smart robotic vacuum shipments in the first three quarters of 2025, led by Roborock with a 21.7 per cent market share, equal to 3.8 million units, according to data from research firm IDC. Ecova ...
4 Steps to Turn Dividends Into a Steady Retirement Income
The Smart Investor· 2025-12-17 09:30
Can you imagine retiring to an income stream that keeps coming into your account with no need to clock in at work?This could be a dream come true for investors in Singapore, with the numerous dividend-paying companies on the local stock market.What you need is a clear investment strategy and time to let compounding work.Clueless on how to start? Follow as we break down the four practical steps you can take to transform dividend investing into a reliable stream of retirement income. Step 1: Build a Portfoli ...
Fox Stock: Is FOX Outperforming the Communication Services Sector?
Yahoo Finance· 2025-12-17 09:27
New York-based Fox Corporation (FOX) operates as one of the world’s top news, sports, and entertainment companies. With a market cap of over $28.1 billion, Fox operates through Cable Network Programming, Television, Credible, and The FOX Studio Lot segments. Companies worth $10 billion or more are generally described as "large-cap stocks." Fox fits right into that category, with its market cap exceeding this threshold, reflecting its substantial size and influence in the media industry. More News from B ...
10 Contrarian Stock Picks for 2026
Investing· 2025-12-17 09:26
Market Analysis by covering: Walt Disney Company, Comcast Corp, Exxon Mobil Corp, Clorox Co. Read 's Market Analysis on Investing.com ...
Prediction: 1 Figure That Shows the Quantum Computing Bubble Will Burst for IonQ, Rigetti Computing, and D-Wave Quantum in 2026
Yahoo Finance· 2025-12-17 09:26
As its name implies, the P/S ratio divides a company's market cap by its trailing 12-month sales. Although a lower P/S ratio typically aligns with a stock being more fundamentally attractive, other factors, such as growth rate, can move the pendulum.But neither of these valuation tools works well for early stage businesses that are expected to grow rapidly but are currently operating at a loss. Without positive EPS, both metrics lack utility. Thus enters the price-to-sales (P/S) ratio, stage left.When most ...
Pony AI: Massively Expanded Fleet And A Path To Profitability
Seeking Alpha· 2025-12-17 09:24
Core Insights - Pony AI is focused on developing autonomous driving technology for various commercial applications, indicating a strong market positioning in the growing field of autonomous vehicles [1] Company Overview - Pony AI is currently experiencing a hypergrowth phase, suggesting significant expansion plans and potential for increased market share in the autonomous driving sector [1] Investment Perspective - The company is part of a broader trend in technology and financial markets, particularly in AI infrastructure and digital transformation, which may present investment opportunities [1]