China's top securities regulator said on Thursday that Chinese companies are free to choose their listing locations but they must abide by local laws and regulations.
Bank of America Corp Chief Executive Brian Moynihan has been at the helm for more than a decade, having guided the bank out of a financial crisis and transformed it into a nimbler operation.
Shares surge the most since 2018 IRESS has not received any direct approach - Co
SYDNEY, June 10 (Reuters) - Shares in Australian trading software company IRESS jumped the most since 2018 on Thursday after investment banks sought to buy a small shareholding in the firm on behalf of an anonymous buyer, sources said.
Shares in IRESS, one of the main providers of trading and investment software to Australian brokerage firms, jumped over 16% after the Australian Financial Review newspaper’s Street Talk column said investment bank Barrenjoey had been seeking to buy shares on behalf of a financial sponsor.
Melbourne-based IRESS told the market in a statement that it had been aware of “market activity by an unknown participant or participants”, but that it had “not received any direct approach”.
HSI +0.0%, HSCE -0.2%, CSI300 -0.9% FTSE China A50 -1.0%
SHANGHAI, June 8 (Reuters) - Hong Kong stocks ended flat on Tuesday, with losses in energy and tech firms offset by gains for property companies, while Sino-U.S. tensions weighed on investor sentiment. At the close of trade, the Hang Seng index was down 5.90 points or 0.02% at 28,781.38. The Hang Seng China Enterprises index fell 0.17% to 10,729.52. The sub-index of the Hang Seng tracking energy shares dipped 1.1%, while the IT sector dipped 0.39%, the financial sector ended 0.18% higher and the property sector rose 0.96%. The top gainer on the Hang Seng was BYD Co Ltd, which gained 6.27%, while the biggest loser was Sunny Optical Technology Group Co Ltd, which fell 3.8%.