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Hong Kong’s IPO market is healing and investors are returning, drawn by a generation of innovative, little-known companies that will also provide a rich vein of investment banking business for years to come, says Citigroup’s Asian head of investment banking. ....
New York State Common Retirement Fund lessened its holdings in Kirby Co. (NYSE:KEX – Free Report) by 1.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 151,935 shares of the shipping company’s stock after selling 2,606 shares during the period. […] ....
While a smaller size signalled a yet-to-rebound Hong Kong stock market, Lianlian is the first fintech firm to be approved by the CSRC since its registration-based new rules. ....
Kirby (NYSE:KEX – Get Free Report) posted its quarterly earnings results on Friday. The shipping company reported $1.19 earnings per share for the quarter, beating analysts’ consensus estimates of $0.97 by $0.22, Briefing.com reports. Kirby had a net margin of 8.01% and a return on equity of 8.00%. The company had revenue of $808.00 million […] ....