Investors Skeptical After HDFC Chairman’s Sudden Resignation
Hours after the startling resignation of HDFC Bank’s chairman, executives hastily arranged a call to assure investors that all was well, and there was nothing material in Atanu Chakraborty’s abrupt departure. Investors weren’t buying it. https://t.co/aeAiEMP7A8 @ranjanir_
Ant's Profit Drops 91% Amid AI, Healthcare Spending
Ant’s quarterly profit plunged 91% after the Chinese digital payments firm ramped up spending to compete in artificial intelligence and health care, while a decline in the fair value of certain investments weighed on results https://t.co/vLZUkRt8gW
Regulatory Crackdown Threatens Hong Kong's Booming Share Sales
Intensifying regulatory scrutiny is rattling Hong Kong’s financial industry and raising the prospects of a slowdown in booming share sales in Asia’s premier fundraising hub https://t.co/W795nBdXEj @kiuyanwong @depsebastian @julia_fioretti
China Tightens Hong Kong IPO Path, Targets Red‑Chip Firms
China is clamping down on a key route for Hong Kong IPOs after a boom in share sales While stopping short of an outright ban, regulators have recently discouraged IPO applications from so-called red-chip firms https://t.co/bDNaEtHWkS
HK Regulators Launch Biggest Financial Raid in Decade
Hong Kong regulators raided the offices of two leading Chinese brokerages and a prominent investment firm this week, marking one of the most significant enforcement actions against the city’s financial sector in almost a decade https://t.co/Gt3tnAQRIV
China Bans OpenClaw AI on Government Computers
Chinese authorities moved to restrict state-run enterprises and government agencies from running OpenClaw AI apps on office computers, acting swiftly to defuse potential security risks https://t.co/m8f5iz16vH
Asia’s Senior Bankers Jump Ship Amid Booming Deal Flow
Senior bankers in Asia are leaving for competitors at an intensifying pace as the job market heats up again on rising deal flow, sources say https://t.co/airqzDwssP @chan_cat @bergmanjonaso
HSBC Ends Remote Work for Hong Kong Frontline Staff
HSBC says customer-facing staff in Hong Kong, including traders and salespeople, must either be with clients or in the office five days a week, ending the pandemic era of work from home for frontline personnel in the city https://t.co/OjqshLuaLs @DeniseWee1
Goldman Sachs Gains Ground in Indian Deal Market
Goldman Sachs has played on the fringes of Indian dealmaking for years. A big push to take market share from its Wall Street rivals is starting to bear fruit https://t.co/wB4mwz8dvu Anto Anthony @ScanlanDavid