Tuesday, January 1, 2019

Chinese online brokerage Futu Securities files for a US IPO, seeking to raise up to $300M, and says it had $92M in revenue for the year ending September 2018 (NASDAQ.com)

NASDAQ.com:
Chinese online brokerage Futu Securities files for a US IPO, seeking to raise up to $300M, and says it had $92M in revenue for the year ending September 2018  —  Futu Holdings, the largest China-based online broker age, filed on Friday with the SEC to raise up to $300 million in an initial public offering.



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Chinese video game giant NetEase reports Q4 revenue up 3% YoY to ~$4B and net profit down 29% to ~$903M, below ~$1.2B est., as it pushes self-developed games (Sherry Qin/Wall Street Journal)

Sherry Qin / Wall Street Journal : Chinese video game giant NetEase reports Q4 revenue up 3% YoY to ~$4B and net profit down 29% to ~$903...