Guotai Junan Surges 300% This Week on Crypto-Trading Approval
Guotai Junan International Holdings Ltd. shares are headed for their best week on record after the broker obtained regulatory approval to offer trading services of cryptocurrencies in Hong Kong.
The stock extended gains to a fourth day, bringing this week's advance to nearly 300%. Shares jumped after the Hong Kong Securities and Futures Commission approved the company's license upgrade that would enable its clients to directly trade virtual assets, including Bitcoin, Ether and stablecoins, on its platform.
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Forbes
35 minutes ago
- Forbes
Delete Every Free App On This List—‘Risks Are Too Great'
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Business Wire
44 minutes ago
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Forward-looking statements reflect the current view about future events. When used in this press release, the words 'anticipate,' 'believe,' 'estimate,' 'expect,' 'future,' 'intend,' 'plan' or the negative of these terms and similar expressions, as they relate to us or our management, identify forward-looking statements. Such statements include, but are not limited to, statements contained in this press release relating to our business strategy, our future operating results and liquidity and capital resources outlook. Forward-looking statements are based on our current expectations and assumptions regarding our business, the economy and other future conditions. Because forward–looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict. Our actual results may differ materially from those contemplated by the forward-looking statements. They are neither statements of historical fact nor guarantees of assurance of future performance. We caution you therefore against relying on any of these forward-looking statements. Important factors that could cause actual results to differ materially from those in the forward-looking statements include, without limitation: (a) our ability to effectively operate our business segments; (b) our ability to manage our research, development, expansion, growth and operating expenses; (c) our ability to evaluate and measure our business, prospects and performance metrics; (d) our ability to compete, directly and indirectly, and succeed in a highly competitive and evolving industry; (e) our ability to respond and adapt to changes in technology and customer behavior; (f) our ability to protect our intellectual property and to develop, maintain and enhance a strong brand; and (g) other factors (including the risks contained in the 'Risk Factors' section of our Annual Report on Form 10-K for the fiscal year ended December 31, 2024. Should one or more of these risks or uncertainties materialize, or should the underlying assumptions prove incorrect, actual results may differ significantly from those anticipated, believed, estimated, expected, intended or planned. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We cannot guarantee future results, levels of activity, performance or achievements. Except as required by applicable law, including the securities laws of the United States, we do not intend to update any of the forward-looking statements to conform these statements to actual results.
Bloomberg
an hour ago
- Bloomberg
Circle Becomes Top Pick for South Korea's Crypto-Hungry Traders
Circle Internet Group Inc. has emerged as the hottest overseas stock among South Korean investors this month, underscoring the growing retail appetite for crypto-linked bets as the country's new administration ushers in policies to foster industry growth. Circle, the issuer of the second largest stablecoin by market share USDC, has rallied more than sixfold since its June 5 public debut, underscoring a global frenzy.
