05:24 AM EDT, 08/20/2024 (MT Newswires) -- Futu Holdings ( FUTU ) reported Q2 earnings Tuesday of 8.66 Hong Kong dollars ($1.11) per diluted American depositary share, up from HK$7.99 per ADS a year earlier. Two analysts polled by Capital IQ expected HK$7.69 per ADS. Revenue for the quarter ended June 30 was HK$3.13 billion, up from HK$2.48 billion a...

In a recent development, major Chinese stocks including Alibaba Group Holdings , NIO Inc. ( NIO ) , and Li Auto ( LI ) have seen a decline in premarket trading on Tuesday. What Happened: In Tuesday’s premarket, Alibaba’s shares were trading 1.78% lower, while its rival JD.Com Inc. ( JD ) was trading 2.30% lower. EV makers Li Auto...

By Mrinalika Roy (Reuters) -Fertilizer Canada warned on Tuesday disruptions impacting all rail services across the country will cost the fertilizer industry an estimated $55 million to $63 million per day in lost sales revenue, not including logistical and operational costs. Canada is the largest producer and exporter of potash - the key ingredient in fertilizers - and 75% of...

05:36 AM EDT, 08/20/2024 (MT Newswires) -- (Updates with the stock move in the headline and the first paragraph.) Fabrinet ( FN ) shares were up over 9% in premarket activity Tuesday after the company overnight reported higher fiscal Q4 earnings and sales, beating expectations, and unveiled an expanded stock buyback program. The company reported fiscal Q4 non-GAAP earnings late...