When deadly floods swept through Texas, the National Weather Service issued a series of warnings that should have automatically triggered alerts to be...
The Stock Exchange of Hong Kong Limited (the Exchange), a wholly-owned subsidiary of Hong Kong Exchanges and Clearing Limited (HKEX), announces the appointment of members to the Listing Committee of the Main Board and GEM (together, the Listing Committee1).
The Listing Rules of the Main Board and GEM provide for all Listing Committee members to vacate office annually. Each year, the Listing Nominating Committee nominates individuals for appointment (and reappointment) to the Listing Committee. The Board of the Exchange makes the appointments on the recommendation of the Listing Nominating Committee.
The Listing Nominating Committee this year comprised three non-executive members of the HKEX Board (Chairman Carlson Tong, Director Cheah Cheng Hye and Director Susan Chow) and...
Robinhood’s strategic embrace of blockchain technology and tokenization has fueled a nearly 30% rally in its stock over the past month, highlighting the brokerage’s new growth drivers despite regulatory scrutiny of some of its products.Robinhood stock, trading under the ticker HOOD, surged on Wednesday to $94.65 in New York trading, putting it within 4% of its all-time closing high set on July 2.The stock has climbed more than 27% over the past month and is up 137% year-to-date, lifting its market capitalization to over $82 billion.Robinhood CEO Vlad Tenev has clarified that these products are not technically equity offerings but still give investors exposure to these companies. According to Galaxy Research, such private equity...