Huobi Plans Backdoor IPO Attempt in Hong Kong, Document Suggests

Cryptocurrency exchange Huobi appears to be inching towards a reverse initial public offering (IPO), according to a document posted with Hong Kong Stock Exchange (HKEX). In the filing, dated Sept. 10, Hong Kong-listed electronics manufacturer Pantronics Holdings Limited, acquired by Huobi last August, disclosed it will change its name to Huobi Technology Holdings Limited. The company […]

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Dow Soars But Federal Reserve Descends Into Civil War

The Dow whipped back into recovery mode on Wednesday, even as the Federal Reserve descends into civil war over interest rate policy. | Source: REUTERS / Carlos Barria The Dow soared toward a blockbuster recovery on Wednesday after positive developments in Hong Kong removed one potential complication from the trade war landscape. However, conflicting opinions […]

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