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HK Movers｜CHALCO Shares Jumped 6% after Planning to Acquire Yunnan Aluminium Yongxin and Two Other Subsidiaries to Strengthen Control
CHALCO Shares Jumped 6% after Planning to Acquire Yunnan Aluminium Yongxin and Two Other Subsidiaries to Strengthen ControlCHALCO recently announced that Yunnan Aluminium will acquire shares of Yunnan Aluminium Yongxin, Yunnan Aluminium Runxin, and Yunnan Aluminium Hongxin from Yunnan Metallurgical ...Tiger News
Wed, Dec 3
Rates Cap on Local Councils "Credit Negative" S&P Global Ratings Says
Following the Government’s proposal to introduce a cap on local government rates, credit rating agency S&P Global Ratings says a cap on annual increases could strain the finances of New Zealand’s “debt-laden local councils.”“Unless the cap is matched over time with cuts to spending growth, we believ...Tiger News
Wed, Dec 3
24H｜Crypto Stocks Jump; American Bitcoin up 7%; BMNR, IREN up 3%; Marvell Jumps 9%; American Eagle Outfitters Soars 11%; GitLab Sinks 9%; CrowdStrike Falls 2%
Crypto stocks jumped in overnight trading.American Bitcoin rose 7%; Upexi rose 4%; BMNR, IREN rose 3%; Strategy, MARA, Circle up 2%; Coinbase, SBET up 1%.Chipmaker Marvell Technology said on Tuesday it will buy semiconductor startup Celestial AI in a deal worth $3.25 billion and gave a bullish fore...Tiger News
Wed, Dec 3
HK Movers｜Lemo Services Shares Rocketed 58% On HK Market Debut; Jinyan Kaolin Rocketed 27%
Lemo Services, a shared massage equipment provider, surged 58% in Hong Kong's market debut; Jinyan Kaolin rocketed 27%.According to its prospectus, Lemo Services provides massage services through its machines installed in high-traffic public locations across China. Data from Frost & Sullivan shows t...Tiger News
Wed, Dec 3
MPay Tap! Launches in Macao, Ushering in New Era for Smart Living
Launching in Macao on December 1, covering over 1,000 merchants, with MOP3 off the first transaction to kick‑start a new “Tap to Pay” experience.Macau Pass, in partnership with Alipay, officially launches MPay Tap! service across Macao on December 1, 2025, delivering a seamless “Tap to Pay” experience for residents. The roll-out marks a new milestone for the city’s mobile payment ecosystem, opening fresh access for localized digital services while boosting retail consumption and accelerating merchants’ digital transformation, committed to driving the growth of Macao’s digital economy and smart city initiatives together.No app launch in advance required: users simply unlock their phone and tap the Alipay Tap! terminal to pay— with a faster, smoother transaction flow.Upgraded Payment Experience, Enjoy Macao Effortlessly with “Tap to Pay” Originally launched by Alipay in Chinese Mainland in July 2024, the Alipay Tap! service leverages near-field communication (NFC) and barcode payment technologies. Users can pay by tapping their unlocked phone on the Alipay Tap! terminal, skipping the need to open the app in advance. Since launching, the service has rapidly gained traction, reaching over 200million users in just over a year and expanding to more than 400 cities, 5,000 brands and millions of retail outlets nationwide.Leveraging the Alipay Tap! technology, MPay delivers the same seamless experience with MPay Tap! — ready for instant use once enabled, with just one tap to pay. At checkout, users no longer need to search for a QR code or interrupt ongoing activity on the phone, making the process even smoother than traditional scan‑to‑pay methods. The device must be unlocked before the payment can be processed to ensure security. To drive adoption, Macau Pass and Alipay are launching an introductory promotion running until the end of the year. Customers will enjoy an instant MOP3 off their first MPay Tap! transaction each day. Discounts will be available daily throughout the month, applicable to high‑frequency spending scenarios such as shopping and dining.Gavin Zhao, Chief Product and Technology Officer at Macau Pass said: “The Macao SAR government’s commitment to innovation and smart-city development has provided fertile ground for technologies like MPay Tap!. As a leading local digital services provider, Macau Pass is dedicated to enhancing user experience through technological and service innovation. This launch is the result of close collaboration with Alipay and ecosystem partners, and we aim to extend the service in Macao, further integrate terminals, benefits, and membership systems to support merchants in their digital transformation, and inject fresh momentum into Macao’s smart living vision and community economy.”Driving Merchant Digital Transformation Amid Strong Market ResponseMacau Pass, in partnership with Alipay, first introduced Alipay Tap! in January 2025 at The Venetian® Macao, The Parisian Macao, The Londoner® Macao, owned by Sands China. Since then, the service has expanded to more than 1,000 merchants city-wide, covering restaurants, supermarkets, department stores and popular tourist areas including the Ruins of Saint Paul's, Rua do Cunha and Portas do Cerco.For merchants, Alipay Tap! terminal devices can significantly boost operational efficiency. Merchants no longer need to use a QR code scanner, streamlining the checkout process. A single payment terminal supports Alipay Tap! alongside conventional QR scan payments, catering to both residents and visitors. The terminals also support over 10 international digital wallets — including WeChat Pay, Hong Kong Octopus, Italy’s Tinaba, Singapore’s Changi Pay and South Korea’s NAVER Pay — aligning with Macao’s role as a global tourism hub. Merchants can also redeem mCoin and mPass coupons directly on the same device, creating an integrated “pay-and-redeem” solution to enhance efficiency.In partnership with Alipay, Macau Pass is extending targeted subsidies and incentive programs to help small and medium-sized enterprises boost sales and adopt digital tools. Merchant feedback highlights faster checkout speeds and shorter queues during peak hours, enhancing the overall customer experience.Deepening the integration of “Tap and Beyond” scenarios to create a new vision for smart livingBeyond enhancing payments, MPay Tap! is positioned as a gateway to digital merchant operations. Future iterations aim to integrate services such as food ordering, membership management and rewards programs, creating a comprehensive ecosystem for everyday living.Jiajia Li, Vice President, Co-President of Payment Business Group at Ant Group stated: “Alipay Tap! brings together new experiences, innovative business and advanced technology in one service. Working with Macau Pass, we’re excited to bring these benefits to residents and merchants in Macao. As the service expands into more scenarios, it will strengthen digital connectivity across the Greater Bay Area, becoming a vital link in the region’s integrated development.”03/12/2025 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.comEQS
Wed, Dec 3
Post-Bell｜Wall Street Rebounds, Ends Higher; MongoDB Surged 22%; Marvell Up 15%; Boeing Up 10%; Intel Up 9%; Janux Sank 53%
U.S. stocks closed higher to record their sixth gain in seven sessions in muted trading on Tuesday, buoyed by gains in technology shares as expectations the Federal Reserve will cut interest rates next week remain elevated.Market SnapshotDow Jones up 0.39% at 47,474.46; S&P 500 up 0.25% at 6,829.37;...Tiger News
Tue, Dec 2
Top Calls on Wall Street: Nvidia, Apple, Amazon, Meta, AMD, Micron, Eli Lilly, and More
Here are Tuesday’s biggest calls on Wall Street:Citi reiterates Nvidia and Synopsys as buyCiti said it’s bullish on Synopsys partnership with Nvidia.“Yesterday morning, NVDA invested $2.0 billion in SNPS at $414.79 per share (~2.6% stake) in a multi-year partnership to drive a migration from CPU-bas...Tiger News
Tue, Dec 2
Rare Earth Stocks Jump With The Metals Company up 12%
Rare earth stocks jumped in morning trading. The Metals Company rose 12%; USA Rare Earth rose 8%; Critical Metals rose 7%; Ramaco Resources rose 6%; NioCorp Developments and Energy Fuels rose 5%; Idaho Strategic Resources rose 4%; MP Materials rose 3%.Tiger News
Tue, Dec 2
Crypto Stocks Rally as Bitcoin Rebounds Above $8,8000
Crypto stocks rallied in morning trading as bitcoin rebounded above $8,8000. BitMine and Strategy rose 6%; Circle, SharpLink Gaming, Gemini, CleanSpark, MARA Holdings, and Coinbase rose 3%; Robinhood, Bullish, and Bitfarms rose 2%.Tiger News
Tue, Dec 2
Trump Family-Linked American Bitcoin Plunges 21%
Bitcoin miner American Bitcoin tumbled 21.3% in pre-market trading on Tuesday, pressured by the continued decline in Bitcoin prices. Eric Trump is the company’s co-founder and chief strategy officer. With Bitcoin down roughly 30% from its record high in October, shares of American Bitcoin have now f...Tiger News
Tue, Dec 2
Boeing Sees DOJ Penalty to Flip into 2026; Boeing Sees $2 Billion Free Cash Outflow for 2025
Boeing sees DOJ penalty to flip into 2026; Boeing sees $2 billion free cash outflow for 2025; Boeing defense on track to generate high single-digit margins; Boeing CFO: confident on delivering $10 bln target; Boeing CFO: we will start seeing cash margins improve next year; Boeing 'not there' to thin...Tiger News
Tue, Dec 2
SEC to Revise Rules to Support IPOs and Cryptocurrency Innovations
According to BlockBeats, U.S. Securities and Exchange Commission (SEC) Chairman Paul Atkins announced plans to amend regulations aimed at reducing litigation and facilitating initial public offerings (IPOs). The changes are intended to support the growth of cryptocurrency companies, with an innovati...Tiger News
Tue, Dec 2
Pre-Bell | U.S. Futures Rise; MongoDB Soars 23%; Credo and Beyond Meat Surge 16%; Crypto Stocks Rebound
U.S. stock index futures edged higher on Tuesday, steadying after Wall Street's first pullback in more than a week, as investors braced for a fresh inflation reading that could help offer clues to the Federal Reserve's upcoming policy decisions.Geopolitical developments were also in focus as special...Tiger News
Tue, Dec 2
Premarket Movers | Crypto and Rare Earth Stocks Rebound; Chinese ADRs Drop
Crypto stocks rebounded in premarket trading. ETHZilla rose 19%; BitMine and CleanSpark rose 2%; Circle, TeraWulf, Cipher Mining, and MARA Holdings rose 1%.Rare earth stocks gained in premarket trading. The Metals Company rose 7%; USA Rare Earth rose 2%.Chinese ADRs dropped in premarket trading. XPe...Tiger News
Tue, Dec 2
Premarket Movers | MongoDB Soars 22%; Credo Technology Surges 16%; Snowflake Gains 4%; IREN Drops 4%
MongoDB shares soared 22.1% in premarket trading after the database software maker announced third-quarter earnings that topped Wall Street estimates and issued a strong forecast.Credo Technology shares surged 16.2% in premarket trading after the technology company posted fiscal second-quarter resul...Tiger News
Tue, Dec 2
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