As Chinese biotech and pharmaceutical firms gain importance on the global stage, foreign investors from sovereign wealth funds to industry players are securing strategic stakes in their future success. International institutional investors have built up significant positions in Chinese biotech firms over the past decade. These positions often approach, and in some cases exceed, the…
Shares of HashKey Holdings, operator of Hong Kong’s largest licensed cryptocurrency exchange, fluctuated on their trading debut, as investors shunned risk amid a downturn in both equity and digital asset markets. Trading under the stock code 3887, HashKey shares first changed hands on Wednesday at HK$6.70, or 0.3 per cent above the offer price of…
As a major investment company and financial technology (fintech) platforms fight over access to client retirement accounts, some customers caught in the middle are discovering that the “K” in 401(k) might just stand for “Keep out.” The retirement rumble escalated recently when Fidelity began enforcing a new policy restricting access for third-party financial advisors, and…
If you’re not feeling great about your retirement fund, you’re not alone. Only two-thirds, or 67%, of Americans in their retirement planning years are confident about their prospects, according to Fidelity’s 2025 State of Retirement Planning report. This might appear optimistic, but it’s actually 7% less than last year. High Yield Savings Offers Powered by…