Latest news with #HKEX
Yahoo
11 hours ago
- Business
- Yahoo
Weibo Corporation to Report Second Quarter 2025 Financial Results on August 14, 2025
BEIJING, July 24, 2025 /PRNewswire/ -- Weibo Corporation (Nasdaq: WB and HKEX: 9898), a leading social media for people to create, share and discover content, will announce its unaudited financial results for the second quarter 2025 before the U.S. market opens on Thursday, August 14, 2025. Following the announcement, Weibo's management team will host a conference call from 7 AM – 8 AM Eastern Time on August 14, 2025 (or 7 PM – 8 PM Beijing Time on August 14, 2025) to present an overview of the Company's financial performance and business operations. Participants who wish to dial in to the teleconference must register through the below public participant link. Dial in and instruction will be in the confirmation email upon registering. Participants Registration Link: Additionally, a live and archived webcast of this conference call will be available at About Weibo Corporation Weibo is a leading social media for people to create, share and discover content online. Weibo combines the means of public self-expression in real time with a powerful platform for social interaction, content aggregation and content distribution. Any user can create and post a feed and attach multi-media and long-form content. User relationships on Weibo may be asymmetric; any user can follow any other user and add comments to a feed while reposting. This simple, asymmetric and distributed nature of Weibo allows an original feed to become a live viral conversation stream. Weibo enables its advertising and marketing customers to promote their brands, products and services to users. Weibo offers a wide range of advertising and marketing solutions to companies of all sizes. The Company generates a substantial majority of its revenues from the sale of advertising and marketing services, including the sale of social display advertisement and promoted marketing offerings. Designed with a "mobile first" philosophy, Weibo displays content in a simple information feed format and offers native advertisement that conform to the information feed on our platform. To support the mobile format, we have developed and continuously refining our social interest graph recommendation engine, which enables our customers to perform people marketing and target audiences based on user demographics, social relationships, interests and behaviors, to achieve greater relevance, engagement and marketing effectiveness Contact:Investor RelationsWeibo CorporationPhone: +86 10 5898-3336Email: ir@ View original content: SOURCE Weibo Corporation Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
The Standard
12 hours ago
- Business
- The Standard
HK stock spread cuts unlikely to boost turnover
A Stock Exchange of Hong Kong (HKEX) sign is seen at the 2020 China International Fair for Trade in Services (CIFTIS) in Beijing, China September 4, 2020. REUTERS
South China Morning Post
3 days ago
- Business
- South China Morning Post
What Hong Kong should do to prepare for a market that never sleeps
Longer trading hours may become a global trend as more market operators embrace the idea in the coming months, as the London and Hong Kong exchanges attempt to gain first-mover advantage. The London Stock Exchange Group is reported to be studying the merits of 24-hour trading, while Hong Kong Exchanges and Clearing (HKEX) is preparing a new trading system that can support round-the-clock trading in financial derivatives. The cryptocurrency market has achieved that. Here is some background and likely steps for Hong Kong to become a financial market that never sleeps. Are there any stock markets that trade 24 hours a day? No. The Frankfurt Stock Exchange is open for trading for 14 hours from 8am to 10pm. CBOE Global Markets, the world's biggest options trading market, operates 24 hours a day, five days a week. Hong Kong's stock market runs for 5½ hours per day, while investors can trade derivatives for 15½ hours. What needs to be done to get there?
South China Morning Post
3 days ago
- Business
- South China Morning Post
Should Hong Kong follow if London opts for 24-hour stock trading? City brokers are divided
A media report overt the weekend saying the London Stock Exchange Group (LSEG) is considering 24-hour trading has raised questions about whether Hong Kong's bourse could similarly lengthen its transaction hours to cater to a younger generation of trade-anytime investors. The Orion Derivatives Platform (ODP), developed by Hong Kong Exchanges and Clearing (HKEX) for roll-out in 2028, would give Asia's third-largest capital market the capability to 'offer near 24-hour derivatives trading, introduce new products and provide enhanced efficiency,' the HKEX said in April last year. The exchange has not disclosed any plans to change its trading hours, which currently run for 5.5 hours every weekday from 9.30am to 4.00pm, with a one-hour lunch break in between. That put Hong Kong in the middle among global markets: 4 hours in Shanghai and Shenzhen, 5 hours in Tokyo, 6.5 hours in the US and Canada, 8.5 hours in London, and 14 hours in Frankfurt. 'If HKEX expands its trading hours, it would help [boost] the market turnover and attract international investors,' said Kenny Ng Lai-yin, a strategist at Everbright Securities International. 'But there will be a lot of investments needed by the exchange and the brokerage industry, [so] it needs a balance on whether to extend the trading window to 24 hours.' The final day of floor trading on the Hong Kong stock was on October 27, 2017. Trading thereafter was done entirely digitally via scripless dealing. Photo: Edward Wong HKEX declined to comment. The LSEG was weighing its options on whether to introduce 24-hour trading to meet growing demand from small investors, the Financial Times reported on Sunday, citing unidentified sources. LSEG declined to comment when asked by the Post.
South China Morning Post
3 days ago
- Business
- South China Morning Post
HKEX success in putting women on boards a boon to Hong Kong
Inclusion and fairness are fundamental human values, yet many societies struggle to strike a balance between removing barriers and holding everyone to high performance standards. One recent example is the controversial US rollback of diversity, equity and inclusion rules . So, it was encouraging to see Hong Kong Exchanges and Clearing (HKEX) claim success in its push to eliminate all-male boards from companies listed on the region's third-largest bourse. HKEX said fewer than 10 of Hong Kong's roughly 2,600 listed companies had all-male boards as of the end of June. The exceptions were firms suspended from trading or temporarily out of compliance because of a resignation. At the start of the year, when an HKEX ban on single-gender boards went into effect, there were still 85 companies with all-male boards. When the policy was announced in 2022, more than 800 firms – or 40 per cent of listed companies – had no female directors. More than 21 per cent of the directors today are women. While that lags behind the global average of 27 per cent of board seats held by women as of 2024, the city is in good company with a sizeable number of markets around the world now using mandates and deadlines to push for change. The shift seems good for business. Hong Kong's Financial Services Development Council called it 'confidence-building' for investors to see HKEX taking firm steps. The move was credited with the main board's return to global leadership in initial public offerings. Katherine Ng, head of listing at HKEX, said the requirement had 'enhanced governance in our markets'. Bonnie Chan Yiting, HKEX's first female chief executive officer, said diversity 'brings more ideas, more perspectives into boardroom discussions'.
