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HK Movers | ZhongAn Online Announces HK$3.9 Billion Share Placement, Shares Drop 9%
ZhongAn Online shares sank 8.6% in morning trading.ZhongAn Online P & C Insurance Co., Ltd announced a placement of new H shares under a general mandate, aiming to raise approximately HK$3,896.3 million in net proceeds. The funds will be used to supplement the company’s capital, support fintech inno...Tiger News
Jun 26, 2025
24H | Oil Stocks Rebound With Houston American, US Energy up 6% Each; The Metals Company Jumps Another 5.6%; Richtech Robotics up 3.7%
Robotic stocks jumped in overnight trading with Richtech Robotics up 3.7%; Mobilicom Limited up 3.6%.The Metals Company rose 5.6% in overnight trading after jumping 5.6% on Wednesday.Wedbush upgraded The Metals Company to Outperform from Neutral and raised its price target to $11 from $6 given a str...Tiger News
Jun 26, 2025
HK Movers | RemeGen Shares Plunge 21% as It Partners with Vor Biopharma for Global Expansion of Telitacicept
RemeGen shares plunged 20.9% in morning trading.RemeGen Co., Ltd. has entered into a license agreement with Vor Biopharma Inc., granting Vor Bio exclusive rights to develop and commercialize Telitacicept outside Greater China. This strategic partnership, which includes a $125 million consideration a...Tiger News
Jun 26, 2025
HK Movers | Guotai Junan Intl Jumps Another 30% After Soaring 198% on Crypto License Win
Guotai Junan International Holdings shares jumped 30% another in morning trading on Thursday.Shares of Guotai Junan International soared 198.4% on Wednesday after its Hong Kong subsidiary received regulatory approval to offer virtual asset trading services.The Hong Kong Securities and Futures Commis...Tiger News
Jun 26, 2025
24H | Circle Rebounds 4%; Nvidia-Concept Stocks Shine; CoreWeave, Applied Digital up 2%; Nebius up 1%; Micron Rises 1%
Circle Internet Corp. rose 4% in overnight trading.Circle’s stock has tumbled 24.6% over the past two trading days, while Coinbase Global, Inc. shares have run up 15.5% over the same stretch to close Wednesday just 0.6% away from a record high.Nvidia-concept stocks shined. CoreWeave, Inc., APPLIED D...Tiger News
Jun 26, 2025
Post-Bell｜Wall Street Ends Mixed; Tesla Falls 4%; CoreWeave Drops 8%; Circle down 11%; Coinbase up 3%; Nvidia, AMD up 4%; SMCI Jumps 9%
U.S. stocks took a breather on Wednesday, pausing a two-day rally as the tenuous Israel-Iran cease fire continued to hold and investors pored over a second day of congressional testimony from Federal Reserve Chair Jerome Powell.Tech shares lifted the Nasdaq, while the S&P 500 ended flat. The benchma...Tiger News
Jun 25, 2025
Top Calls on Wall Street: Nvidia, Apple, Tesla, Coinbase, Amazon, Microsoft and More
Here are Wednesday’s biggest calls on Wall Street:Loop reiterates Nvidia as buyThe firm said Nvidia is firing on all cylinders.“Reiterating our Buy rating and increasing our PT to $250 from $175 as our work stronglysuggests that ‘the math just works’, as fantastic as that may sound.”DA Davidson init...Tiger News
Jun 25, 2025
Tesla Shares Dropped 2.8% on European Sales Slump for Fifth Month as EV Rivals Gain Momentum
Tesla shares dropped 2.8% on European sales slump for fifth month as EV rivals gain momentum.Tesla Motors's new car sales in Europe fell 27.9% in May from a year earlier even as fully-electric vehicle sales in the region jumped 27.2%, with the U.S. EV maker's revised Model Y yet to show signs of re...Tiger News
Jun 25, 2025
CONL Surged 13% And Coinbase Jumped 6% In Morning Trading
CONL Surged 13%, Coinbase jumped 6% in morning trading.Coinbase closed up 12% on Tuesday, finishing as the best stock in the S&P 500 in the session. Analysts at Benchmark Capital on Monday raised their price target on the stock to $421 from $301 earlier this week, highlighting Senate passage of a bi...Tiger News
Jun 25, 2025
Pre-Bell｜US Stock Futures Steady As Middle East Tensions Cool; Quantumscape Soared 40%
U.S. stock futures were flat on Wednesday, as a ceasefire between Israel and Iran appeared to be holding and investors awaited more comments from Federal Reserve Chair Jerome Powell.Market SnapshotAt 08:26 a.m. ET, Dow E-minis were up 4 points, or 0.01%, and S&P 500 stock futures were up 0.15%. Nasd...Tiger News
Jun 25, 2025
FedEx Tumbles as Q1 Profit Outlook Misses; $1B Cost Cuts Fail to Offset Tariff Hit
TradingKey - Global logistics giant FedEx (FDX) released its Q4 FY2025 earnings report on Tuesday, indicating that while key financial metrics exceeded expectations, a conservative adjustment to its profit guidance for Q1 FY2026 raised concerns in the market about the deteriorating global trade...
TradingKey
Jun 25, 2025
25x Speed! QuantumScape Achieves Major Breakthrough in Solid-State Battery Manufacturing, Stock Soars 36%!
TradingKey - On June 24, American solid-state battery company QuantumScape (QS) announced significant advancements in solid-state battery technology, successfully integrating the Cobra separator process into its standard battery production line. This new technology boosts heat treatment speed by...
TradingKey
Jun 25, 2025
Apple's Potential Acquisition of Perplexity: A Game-Changer for Its AI Narrative?
TradingKey - As the tech-oriented Nasdaq 100 Index hits record highs, Apple’s stock has still declined by 20% year-to-date in 2025. Concerns over its lagging progress in AI and the negative impact of tariffs on iPhone sales have yet to fully dissipate. News of a potential acquisition of Perplexity..
TradingKey
Jun 25, 2025
Binance Ecosystem Welcomes a New Big Player: Nano Labs Launches $1 Billion BNB Acquisition Plan
TradingKey – On June 24, Nano Labs Ltd (NA.US) announced it has signed subscription agreements with multiple institutional and qualified investors for a $500 million convertible note offering.TradingKey
Jun 25, 2025
Chinese Luxury Maternity and Baby Care Group Saint Bella Surges 23% in Hong Kong Grey Market Trading
Chinese luxury maternity and baby care group Saint Bella surged 23% in Hong Kong grey market trading.Saint Bella is set to list tomorrow (26th). Market sources said that the Hong Kong public offering portion of Saint Bella was oversubscribed by approximately 180 times, while the international placem...Tiger News
Jun 25, 2025
Top Aussie Tin Producer Offers to Acquire 28% of Greentech (HK00195)
Allowing Shareholders an Exit at a Premiumand Possible Increased Interest in Tasmanian Mine25 June 2025 -- The unsolicited partial offer (“Partial Offer”) by Metals X Limited (“Metals X”), Australia’s largest tin producer, to acquire up to 28% of Greentech Technology International Limited (“Greentech”, HKEx stock code: 00195) commences today, allowing shareholders of Greentech to realise their investment, at a premium, in the suspended listed company. Through acquiring a stake in Greentech, Metals X intends to increase its interest in Australia’s largest tin mine, jointly owned by it and Greentech.Salient features of the Partial Offer:–Metals X seeks to acquire up to 382,480,000 Greentech shares Offer price at HK$0.35 per share in cash A 25% premium over the last closing price Greentech shares are under a prolonged trading suspension from 2 September 2024 (with delisting deadline on 1 March 2026) The deadline for acceptance of the Partial Offer is 4:00 pm on Wednesday, 23 July 2025Metals X and Greentech (through its non-wholly owned subsidiary) currently each hold 50% interest in the Renison Tin Mine in Northwest Tasmania, Australia through each of their 50% stake in Bluestone Mines Tasmania Joint Venture Pty Ltd (“BMTJV”), which is also the operator of the Renison Tin Mine.Renison is Australia’s richest tin ore field and one of the world’s largest highest-grade tin ore fields. In 2024, the Renison Tin Mine produced approximately 11,000 tonnes of tin, accounting for approximately 3% of world tin production in the same year. “We hope that by becoming a significant shareholder of Greentech, which indirectly holds 50% equity interest in BMTJV through its non-wholly owned subsidiary, we can contribute to the stability of Greentech’s operation and improve its corporate governance. For shareholders wishing to realise their investment amidst Greentech’s prolonged trading suspension, the Partial Offer, which is unconditional in all respects, provides them a viable exit at a premium price. I believe the Partial Offer is beneficial to shareholders and Greentech as a whole,” noted Mr. Peter Gunzburg, the Chairman of Metals X.“The Renison Tin Mine is an important asset to Metals X. With the intended expansion of our interest in the joint venture through an equity interest in Greentech, we expect to play a pivotal role in continuing the healthy development of the Renison operations,” added Mr. Brett Smith, Executive Director of Metals X.If Metals X owns 10% or more of the issued shares of Greentech upon closing of the Partial Offer, Metals X will consider nominating new director(s) to Greentech’s board of directors, and will assist Greentech to review its operational efficiency, financial reporting and corporate governance.The principal activities of Greentech are exploration, development and mining of tin and copper-bearing ore at Renison Tin Mine through BMTJV. Trading in Greentech shares has been suspended since 2 September 2024, due to, among others, delay in publication of Greentech’s interim results for the six months ended 30 June 2024 and annual results for the year ended 31 December 2024. Certain directors of Greentech also complained, among others, about three incidents that happened in 2022, being:–the repayment of a HK$67 million loan suspiciously to an individual instead of to the corporate lender (who complained in 2024 not having received the loan repayment); a HK$48 million subscription in an investment fund which defaulted redemption obligation; and a HK$10 million investment in an associate which was subsequently written off.Metals X is a limited company incorporated in Australia, with its shares listed on the Australian Securities Exchange (ASX stock code: MLX). Its principal activities include (i) investment in the BMTJV operating a tin mine in Australia; and (ii) investments in companies undertaking exploration and development of tin, gold and base metals projects in Australia.- End -Issued by: Metals X LimitedThrough: CorporateLink LimitedMedia Enquiries: CorporateLink LimitedShiu Ka Yue Tel: 2801 6198 / 9029 1865 Email: sky@corporatelink.com.hk Zoe Mak Tel: 2801 6090 / 6539 3300 Email: zoe@corporatelink.com.hk Rainy Zhang Tel: 2801 7393 / 9608 8187 Email: rainy@corporatelink.com.hk 25/06/2025 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
Jun 25, 2025
Premarket Movers｜Regencell Soared 19%; BlackBerry Surged 9%; QXO Down 6%; FedEx Down 5%
Regencell surged 19% in premarket. This stock has already rocketed 17553% YTD.Canada's BlackBerry raised its annual revenue forecast on Tuesday, anticipating steady demand for its cybersecurity services amid growing online crimes, sending the company's U.S.-listed shares up 9% in premarket.QXO (QXO)...Tiger News
Jun 25, 2025
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