Global China Connection

 Citi Appointed as Depositary Bank for the GDR Program of Zhejiang Huayou Cobalt Co., Ltd.

Retrieved on: 
Tuesday, July 11, 2023
Consulting, Banking, Professional Services, Business, Mining, Minerals, Other Energy, Natural Resources, Other Professional Services, Alternative Energy, Energy, Finance, SIX Swiss Exchange, Connect, London Stock Exchange, Shanghai Stock Exchange, Zhejiang Huayou Cobalt, Global China Connection, Citigroup, Virginia High School League, US, London, Nickel, Public sector banks in India, Citibank, Cobalt, Lithium, Security (finance), GDR

Citi’s Issuer Services, acting through Citibank, N.A., has been appointed by Zhejiang Huayou Cobalt Co., Ltd. (“Huayou”) to act as the Depositary Bank for its Global Depositary Receipt (“GDR”) Program.

Key Points: 
  • Citi’s Issuer Services, acting through Citibank, N.A., has been appointed by Zhejiang Huayou Cobalt Co., Ltd. (“Huayou”) to act as the Depositary Bank for its Global Depositary Receipt (“GDR”) Program.
  • Huayou is a technology-driven enterprise mainly engaged in R&D and manufacturing of new energy lithium-ion battery materials and new cobalt material products.
  • Huayou’s GDR Program was established in connection with a US$582.5 million initial public offering of its GDRs, priced at US$11.65 per GDR.
  • “We are pleased to be the Depositary Bank for Huayou, supporting their GDR program.

Lookout Delivers Secure and Compliant Cloud Connectivity From Mainland China

Retrieved on: 
Tuesday, July 11, 2023
Networks, Internet, Security, Data Management, Technology, Cloud, Global China Connection, Organization, ServiceNow, Software as a service, VPN, International, Microsoft, Salesforce, IP, Road, Online shopping

Lookout, Inc. , the endpoint-to-cloud security company, today announced Lookout China Connect , an extension of the Lookout Cloud Security Platform operating in mainland China.

Key Points: 
  • Lookout, Inc. , the endpoint-to-cloud security company, today announced Lookout China Connect , an extension of the Lookout Cloud Security Platform operating in mainland China.
  • Lookout China Connect simplifies connectivity for remote workers in mainland China without the complexity of a private network, all while complying with China’s legal and regulatory requirements.
  • Global enterprises operating in mainland China must provide local workers with the same application access, security and overall user experience as employees elsewhere.
  • Lookout China Connect offers multinational companies a comprehensive strategy to navigate the connectivity challenges that arise in China's complex regulatory environment.

Citi Appointed as Depositary Bank for the GDR Program of Kunshan Dongwei Technology Co., Ltd.

Retrieved on: 
Wednesday, June 14, 2023
Banking, Asset Management, Professional Services, Finance, SIX Swiss Exchange, Connect, London Stock Exchange, Shanghai Stock Exchange, Research, Global China Connection, Virginia High School League, Citigroup, US, London, Public sector banks in India, Citibank, Security (finance), GDR

Citi’s Issuer Services, acting through Citibank, N.A., has been appointed by Kunshan Dongwei Technology Co., Ltd. (“Dongwei”), a global leading electroplating equipment manufacturer mainly engaged in the research and development, design, production and sales of high-end precision electroplating equipment and its supporting equipment, to act as Depositary Bank for its Global Depositary Receipt (“GDR”) Program.

Key Points: 
  • Citi’s Issuer Services, acting through Citibank, N.A., has been appointed by Kunshan Dongwei Technology Co., Ltd. (“Dongwei”), a global leading electroplating equipment manufacturer mainly engaged in the research and development, design, production and sales of high-end precision electroplating equipment and its supporting equipment, to act as Depositary Bank for its Global Depositary Receipt (“GDR”) Program.
  • Dongwei’s GDR Program was established in connection with a US$105 million initial public offering of its GDRs, priced at US$17.80 per GDR.
  • “We are pleased to be the Depositary Bank for Dongwei, supporting their GDR program.
  • We expect to see more participation via the Connect Scheme.”
    Citi is a leading provider of depositary receipt services.

HKEX Opens New York Office, Supporting Growing International Client Base

Retrieved on: 
Tuesday, December 20, 2022
Appendix, Business development, Growth, Marketing, HKEX, Biography, Connect, Global China Connection, City, London Metal Exchange, Film

HONG KONG, Dec. 20, 2022 /PRNewswire/ -- Hong Kong Exchanges and Clearing Limited (HKEX) is pleased to announce today (Tuesday) the opening of its New York office, expanding the exchange group's international footprint and supporting its growing global client base.

Key Points: 
  • HONG KONG, Dec. 20, 2022 /PRNewswire/ -- Hong Kong Exchanges and Clearing Limited (HKEX) is pleased to announce today (Tuesday) the opening of its New York office, expanding the exchange group's international footprint and supporting its growing global client base.
  • In his new role, Mr McAvoy will continue to report to HKEX Co-Head of Sales and Marketing, Kevin Rideout.
  • HKEX Chief Executive Officer Nicolas Aguzin said: "At HKEX, we are fully focused on supporting the growth ambitions of our customers around the globe, and I am therefore today delighted to announce the opening of our New York office.
  • The new New York office will complement HKEX's existing international reach from its offices in Shanghai, Beijing, and Singapore.

HKEX Opens New York Office, Supporting Growing International Client Base

Retrieved on: 
Tuesday, December 20, 2022
Appendix, Business development, Growth, Marketing, HKEX, Biography, Connect, Global China Connection, City, London Metal Exchange, Film

HONG KONG, Dec. 20, 2022 /PRNewswire/ -- Hong Kong Exchanges and Clearing Limited (HKEX) is pleased to announce today (Tuesday) the opening of its New York office, expanding the exchange group's international footprint and supporting its growing global client base.

Key Points: 
  • HONG KONG, Dec. 20, 2022 /PRNewswire/ -- Hong Kong Exchanges and Clearing Limited (HKEX) is pleased to announce today (Tuesday) the opening of its New York office, expanding the exchange group's international footprint and supporting its growing global client base.
  • In his new role, Mr McAvoy will continue to report to HKEX Co-Head of Sales and Marketing, Kevin Rideout.
  • HKEX Chief Executive Officer Nicolas Aguzin said: "At HKEX, we are fully focused on supporting the growth ambitions of our customers around the globe, and I am therefore today delighted to announce the opening of our New York office.
  • The new New York office will complement HKEX's existing international reach from its offices in Shanghai, Beijing, and Singapore.

Futu Ranks #2 on Fortune's 100 Fastest-Growing Companies List For 2022

Retrieved on: 
Friday, November 18, 2022
Ecosystem, MAS, Growth, Trust, SIPC, FINRA, ESOP, Disclosure, PALO, Investment Commission, IPO, Muumuu, Futu, Advertising, Privacy, Monetary Authority of Singapore, Financial Industry Regulatory Authority, Policy, Multimedia, Australian Securities and Investments Commission, Cyprus Securities and Exchange Commission, Condition, ASIC, Science and technology in Asia, Cayman Islands Directors Registration and Licensing Law, 2014, Money, ETF, Global China Connection, Exemption, Social, Online shopping

PALO ALTO, Calif., Nov. 18, 2022 /PRNewswire/ --Moomoo's parent company, Futu Holdings Limited (Nasdaq: FUTU), a leading tech-driven digitalized brokerage and wealth management platform, is pleased to announce that it is ranked 2nd on Fortune's "100 Fastest-Growing Companies list 2022.

Key Points: 
  • PALO ALTO, Calif., Nov. 18, 2022 /PRNewswire/ --Moomoo's parent company, Futu Holdings Limited (Nasdaq: FUTU), a leading tech-driven digitalized brokerage and wealth management platform, is pleased to announce that it is ranked 2nd on Fortune's "100 Fastest-Growing Companies list 2022.
  • This ranking is based on its outstanding operational performance and Futu is the top-ranked financial company for 2022.
  • Fortune's"100 Fastest-Growing Companies List", now in its 37th year, ranks companies based on growth in revenue, profits, and stock returns, over a three-year period ending June 30, 2022.
  • Futu Holdings Limited ("Futu") (Nasdaq: FUTU) is an advanced technology company transforming the investing experience by offering a fully digitized brokerage and wealth management platform.

Generation Z are More Conservative Investors Than You May Think - Data from Financial Platforms Moomoo and Futubull Shows

Retrieved on: 
Monday, July 25, 2022
Generation Z, MAS, Investment, IPO, ETF, Gender, ASIC, ESOP, Female, Disclosure, Gen, Research, Investment Commission, Solution, Global China Connection, Futu, Policy, Risk, Science and technology in Asia, Social, Multimedia, Money, Technology, Muumuu, Ecosystem, PALO, Condition, Privacy, Monetary Authority of Singapore, Australian Securities and Investments Commission, Coronavirus, Financial adviser, Financial services, Animal, Security (finance), Online shopping, HK, Nasdaq, Male

PALO ALTO, Calif., July 25, 2022 /PRNewswire/ -- The parent company of digital brokerage and wealth management platform moomoo, Futu Holdings Limited (Nasdaq: FUTU; "Futu") which serves nearly 20 million users, including more than three million clients, has released a whitepaper on investor behavior and trends emerging within the unique market conditions experienced throughout 2022.

Key Points: 
  • In aggregate, Gen Z investors allocated 14.9% and 7.7% of their positions to funds and bonds respectively, the highest level among all three generations.
  • Gen X investors had only 8.4% and 1.8% of their positions to funds and bonds, respectively, the lowest of all three generations.
  • Male and female investors* show similar investing patterns, with investments comprise mainly stocks (85%-92%), followed by funds.
  • In Australia, financial products and services on moomoo are provided by Futu Securities (Australia) Ltd., an Australian Financial Services Licensee (AFSL No.

Futu SG Strengthens Its Leading Position as The First Digital Brokerage to Receive Full SGX Memberships

Retrieved on: 
Friday, July 1, 2022
ESOP, Parliamentary Information Technology Committee, View, Muumuu, CEO, Singapore Exchange, Senior, Futu, Trade, Population, Hong Kong, PALO, Partnership, Ecosystem, Global China Connection, Technology, SGX, Clearing, Nasdaq, Risk management, Solution, Central Depository Services, IPO, Multimedia, Income, Health insurance, Security (finance), Management, Tutoring

Ltd. ("Futu SG" or "Futu Singapore"), a subsidiary of Nasdaq-listed Futu Holdings (Nasdaq: FUTU) offering securities trading services via moomoo app in Singapore, had the gong-strike ceremony today to mark it becoming the first digital brokerage with full Singapore Exchange memberships.

Key Points: 
  • Ltd. ("Futu SG" or "Futu Singapore"), a subsidiary of Nasdaq-listed Futu Holdings (Nasdaq: FUTU) offering securities trading services via moomoo app in Singapore, had the gong-strike ceremony today to mark it becoming the first digital brokerage with full Singapore Exchange memberships.
  • Futu SG is now one of the twelve SGX members with full memberships among other 79 members.
  • Since its debut in March 2021, Futu SG had acquired the first 100,000 paying clients in less than three months.
  • Futu Holdings Limited ("Futu") (Nasdaq: FUTU) is an advanced technology company transforming the investing experience by offering a fully digitized brokerage and wealth management platform.

Tourmaline Partners Adds Senior Traders in London and Sydney to Support Continued Global Growth

Retrieved on: 
Thursday, June 9, 2022
FCA, Best execution, LLC, Partial derivative, Solution, Janus Capital Group, Inc. v. First Derivative Traders, Growth, Technology, Delta one, SEC, Industry, FINRA, LLP, Pickard, Citigroup, Airline, Financial services, Tourmaline, Global China Connection

STAMFORD, Conn., LONDON and SYDNEY, June 9, 2022 /PRNewswire/ -- Tourmaline Partners, LLC, the world's leading outsourced trading solutions firm, today announced key new hires in London and Sydney to further strengthen its team of global trading experts.

Key Points: 
  • STAMFORD, Conn., LONDON and SYDNEY, June 9, 2022 /PRNewswire/ -- Tourmaline Partners, LLC, the world's leading outsourced trading solutions firm, today announced key new hires in London and Sydney to further strengthen its team of global trading experts.
  • He comes to Tourmaline with more than twenty-five years of experience in financial markets, most recently as European Head of Equity Derivatives at BTIG for ten years.
  • Gleesoncomes to Tourmaline with more than twenty-five years of direct pan-Asian trading experience, spanning electronic, high-touch and block trading.
  • The new hires are emblematic of continued growth for Tourmaline globally.

Futu Holdings Achieves Solid First-Quarter Growth Amid Market Volatility with 67.9% YoY Increase in Paying Clients

Retrieved on: 
Monday, June 6, 2022
Singapore Exchange, ETF, Science and technology in Asia, UGC, Knowledge, IPO, Exchange-traded fund, HKEX, Yoy, Futu, Education, Environment, Ecosystem, Social, Solution, Multimedia, Initial, Money, Sale, Growth, Muumuu, Student, Technology, SGX, Social science, Singapore University of Social Sciences, Monetary Authority of Singapore, IR, Limited, National University of Singapore, Industry, Nikko, PALO, SGD, Financial technology, ESOP, Global China Connection, SUSS, Video game, Financial adviser, Tutoring, Financial services, Bank, Security (finance), Nasdaq

PALO ALTO, Calif., June 6, 2022 /PRNewswire/ -- Moomoo's parent company Futu Holdings Limited (Nasdaq: FUTU) (Futu), a leading tech-driven online brokerage and wealth management platform, reported solid performance for the quarter ended March 31, 2022, with US$209.5 million (HK$ 1641.0 million) total revenues, and US$79.4 million (HK$622.2 million) non-GAAP adjusted net income.

Key Points: 
  • Regarding wealth management, total client assets reached HK$20.9 billion in the first quarter, an increase of 59.1% YoY.
  • Leaf Hua Li said, "Although the market sentiments remained volatile in the first quarter, Futu demonstrated its resiliency with upbeat highlights and growth in key indicators across various markets.
  • Moomoo's parent company is the Nasdaq-listed fintech company Futu Holdings Limited ("Futu"), which is headquartered in Hong Kong.
  • Futu Holdings Limited ("Futu") (Nasdaq: FUTU) is an advanced technology company transforming the investing experience by offering a fully digitized brokerage and wealth management platform.