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On December 3rd, Suiheng A announced its proposed interim profit distribution plan for 2025: a cash dividend of RMB 0.60 per 10 shares (inclusive of tax) to all shareholders, with no bonus shares or capital reserve transfers. According to the companys financial report for the first three quarters of 2025, the consolidated net profit attributable to shareholders of the listed company for the first three quarters of 2025 was RMB 439 million, with retained earnings at the end of the period of RMB 3.142 billion; the parent companys net profit was RMB 388 million, with retained earnings at the end of the period of RMB 2.543 billion. The companys distributable profit to shareholders is RMB 2.543 billion.On December 3rd, Guangzhou Hengyun A announced that it plans to invest 2.751 billion yuan in the Hengyun Power Plant coal-fired power unit capacity upgrade project. Of this, 30% (825 million yuan) will be equity investment, with the remainder financed through bank loans. The project plans to upgrade two 210MW coal-fired power units into one 420MW ultra-supercritical cogeneration coal-fired unit, and simultaneously equip it with new energy storage, photovoltaic, charging piles, and sludge co-firing facilities. It is estimated that after completion, the project will generate 1.89 billion kWh of electricity annually, provide 6 million gigajoules of heat annually, and generate an average annual net profit of 88.3058 million yuan.KWG Group Holdings Limited (01813.HK): The court has ordered the winding-up petition hearing to be postponed to December 8, 2025, to be heard by a High Court judge specializing in corporate cases.According to Hong Kong Stock Exchange filings: On November 27, JPMorgan Chase increased its long position in Vanke (02202.HK) from 4.72% to 5.23%.According to Hong Kong Stock Exchange filings, Xiaomi spent HK$301.8 million to repurchase 7.5 million Class B shares on December 3.

New FTX chief says bankrupt crypto exchange could restart

Skylar Shaw

Jan 20, 2023 11:43

According to Chief Executive Officer John Ray, the bankrupt cryptocurrency exchange FTX is considering ways to resurrect its operations. He made the announcement to the Wall Street Journal on Thursday.


According to Ray, who took over the company's leadership in November, a task group has been established to look at reviving FTX.com, the organization's primary international exchange.


The CEO also said in an interview with the Journal that he would research if resurrecting FTX's international exchange would generate more value for the company's clients than his team could get by simply selling the platform or liquidating its assets.


Following the news, FTT, the native token of FTX, increased by around 30%.


I'm relieved Mr. Ray is now only pledging to restart the exchange after months of blocking such attempts! Sam Bankman-Fried, the founder and former CEO of FTX, said in a tweet.


Bankman-Fried said, "I'm still waiting for him to eventually acknowledge FTX US is solvent and return clients' money.


An inquiry for comment from Reuters was not immediately answered by an attorney representing FTX.


Bankman-Fried is accused of robbing the exchange's users of billions of dollars to settle debts accrued by his cryptocurrency-focused hedge fund, Alameda Research. He's denied the allegations of fraud.


Customer money' future, however, is still unknown. In a note to creditors earlier this week, FTX said that since declaring bankruptcy in November, hackers had stolen nearly $415 million in cryptocurrency from its worldwide and American exchanges.


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