Workflow
Chinese brokerage CICC announces share swap merger details with Dongxing and Cinda
Yahoo Finance· 2025-12-18 09:30
China International Capital Corporation (CICC) has unveiled details of its merger with two smaller state-owned rivals that will create an entity with combined assets of more than 900 billion yuan (US$127.8 billion). The Beijing-based investment bank will issue some 3.1 billion new A shares at 36.91 yuan to acquire all outstanding shares in Dongxing Securities and Cinda Securities to facilitate the merger, according to a filing to the Hong Kong stock exchange on Wednesday. Shares of CICC rose 3.7 per cen ...
BYD ups the ante on L3 autonomous cars, begins testing models for mass production
Yahoo Finance· 2025-12-18 09:30
Chinese electric vehicle (EV) leader BYD has reinforced its push to build and sell more cars fitted with level 3 (L3) autonomous driving systems after Beijing took its first step towards deregulating the technology. The company collaborated with authorities in Shenzhen, where it was based, to test some of its cars ahead of mass production, according to China Business News. BYD confirmed the report, adding that it had completed more than 150,000 kilometres of real-world L3 testing. The company did not ela ...
Hedge fund Qube leases six floors at Two IFC in one of Central's largest deals in a decade
Yahoo Finance· 2025-12-18 09:30
Global hedge fund Qube Research & Technologies (QRT) is set to become the largest private tenant at Two International Finance Centre, signing a multi-story lease as falling rents drive a wave of office upgrades across Hong Kong's premier business district. The London-based firm will take up to 146,000 sq ft of space across six floors owned by MTR Corp in Two International Finance Centre, for an undisclosed rental amount. The space was previously occupied by the UBS Group. QRT's lease was set to begin in ...
Hong Kong stocks tread water as tech giants stumble on AI bubble jitters
Yahoo Finance· 2025-12-18 09:30
Hong Kong stocks traded sideways on Thursday, with technology stocks retreating on growing anxiety that a global boom in artificial intelligence could turn into a bubble. The Hang Seng Index edged up 0.1 per cent to 25,498.13 at the close. The Hang Seng Tech Index dropped 0.7 per cent. On the mainland, the CSI 300 Index slid 0.6 per cent and the Shanghai Composite Index added 0.2 per cent. Xiaomi, the Chinese smartphone and electric vehicle maker, tumbled 2.5 per cent to HK$40.20 and Pop Mart Internatio ...
California’s Community West to acquire United Security in $191.9M deal
Yahoo Finance· 2025-12-18 09:28
This story was originally published on Banking Dive. To receive daily news and insights, subscribe to our free daily Banking Dive newsletter. Fresno, California-based Community West Bank will acquire fellow Fresno lender United Security Bank in a roughly $191.9 million deal expected to close in the second quarter of 2026, the companies said Wednesday. Buying United Security would give Community West 13 added branches, push the bank’s asset total to around $5 billion, and make it “more robust and more visi ...
Freeport McMoRan: Post 35% Surge, Analysts Eye More Upside in Copper Giant
Investing· 2025-12-18 09:28
Market Analysis by covering: Freeport-McMoran Copper & Gold Inc, Copper Futures. Read 's Market Analysis on Investing.com ...
Packaging producers face new UK fees from 2026
Yahoo Finance· 2025-12-18 09:27
The UK’s packaging landscape is set for a major shift in 2026, as businesses that produce, import, or supply packaging will become financially responsible for the end-of-life recycling of their products. Known as Extended Producer Responsibility (EPR), this policy aims to reduce waste, improve recycling rates, and place the cost of recycling squarely on the organisations that create packaging. For packaging producers, importers, and brand owners, understanding the new fees, reporting obligations, and co ...
Herc Holdings Stock: Transition Year Optics; FY27 Earnings Power Quietly Builds (NYSE:HRI)
Seeking Alpha· 2025-12-18 09:25
I have over 13 years of diverse financial analysis experience across various sectors, including Auto, Industrials, and IT. Worked in a Ford and Caterpillar treasury, and managed Investor relations and Strategic finance of a listed IT company of market cap ~USD 2.5bn. My early background also includes equity research analyst, where I built strong expertise in market analysis, valuation models, and investment strategy. What ties my journey together is my ability to connect companies' strategy, industry-specif ...
Herc Holdings: Transition Year Optics; FY 2027 Earnings Power Quietly Builds
Seeking Alpha· 2025-12-18 09:25
Core Insights - The article highlights the author's extensive experience in financial analysis across various sectors, including Auto, Industrials, and IT, emphasizing a strong background in equity research and investment strategy [1] Group 1: Company Experience - The author has over 13 years of diverse financial analysis experience, having worked in treasury roles at Ford and Caterpillar [1] - The author managed investor relations and strategic finance for a listed IT company with a market capitalization of approximately USD 2.5 billion [1] Group 2: Analytical Skills - The author possesses strong expertise in market analysis, valuation models, and investment strategy, which are critical for understanding business growth drivers [1] - The ability to connect company strategy with industry-specific knowledge is emphasized as a key strength in analyzing business growth [1]
A Look Back and Ahead at McDonald's Stock
The Motley Fool· 2025-12-18 09:25
What are the key issues facing McDonald's in 2026?The stock market has been volatile this year, including a swoon in March and April after the Trump administration announced tariffs. However, equities have bounced back, with the S&P 500 (^GSPC 1.16%) up 16.1% through Dec. 12.Turning to individual stocks, it's a good time to review how they've done and what to look for in 2026. Turning to ubiquitous fast-food chain McDonald's (MCD +1.33%), it has been an eventful year.It's time to take a look back at how McD ...