Hong Kong Exchange Operator Posts Another Record Quarter on Stronger Trading, Listing Activity

The Hong Kong Exchange has reported a remarkable 56% increase in profit, driven by strong trading volumes and a surge in initial public offerings (IPOs). This impressive growth highlights the exchange's robust performance and its pivotal role in the financial market.

Hong Kong Exchanges & Clearing has announced a record profit and revenue for the third quarter, driven by increased trading and listing activity in the Asian financial hub. This positive momentum highlights the growing strength of the market.

Great Lakes Dredge & Dock reported earnings that exceeded expectations by $0.09, although their revenue fell short of estimates. This mixed performance highlights the challenges the company faces in meeting revenue targets.

Mitsubishi Corp has reached a one-month low following a significant 42% drop in its half-year profits. This decline raises concerns about the company's financial health and future performance.

Hong Kong's stock exchange has seen a remarkable 56% increase in profits, driven by a surge in trading activities and initial public offerings. This record quarter highlights the exchange's robust performance and growing investor interest.

Coca-Cola Femsa has reported impressive earnings, surpassing estimates by Mex$1.79. The company's revenue also exceeded expectations, showcasing strong performance in the market.

Itau Unibanco reported earnings that fell short of expectations, with revenue also not meeting estimates. This disappointing performance raises concerns about the bank's financial health and future prospects.

Palantir has achieved a remarkable milestone by reaching a $490 billion market valuation faster than any other company in the S&P 500, despite its sales still catching up. This impressive growth highlights the company's potential and investor confidence.

Naver has announced record earnings for the third quarter, driven by significant growth in its AI initiatives. This impressive performance highlights the company's successful strategy in leveraging artificial intelligence to enhance its services and boost revenue.

Gold prices have seen a rebound as investors adopt a risk-off approach in the markets, with many looking ahead to the upcoming US payroll data for further insights.

In a dramatic turn of events, New York City's elite have unleashed a barrage of tactics against Zohran Mamdani's mayoral campaign, employing money, insults, and even scare tactics to thwart his ambitions. The atmosphere is tense as fears of a 'Hot Commie Summer' loom over Wall Street.

The article discusses five key areas where debt is becoming a significant concern in the rapidly growing AI data centre sector. It highlights the challenges and risks associated with financing these facilities, as well as the potential impact on the industry.

China is looking to issue a $4 billion bond, with orders exceeding $65 billion, indicating strong investor interest and confidence in the market.

Toyota has raised its full-year operating profit outlook, thanks to increased volumes and effective cost-reduction efforts. This positive adjustment reflects the company's strong performance and strategic initiatives.