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Lockheed Martin (LMT.N): Strong demand from U.S. and allied customers continues to grow.Lockheed Martin (LMT.N): Delivered a record 143 F-35 Lightning II fighter jets at the end of the third quarter.On October 21, French stock indices broke through their record closing highs set in May 2024, driven by strong earnings from French companies offsetting the countrys political turmoil and concerns about its credit outlook. Frances CAC40 index rose as much as 0.4% to 8,240.92 points on Tuesday, surpassing the high reached before President Macrons sudden announcement of the dissolution of parliament in mid-2024, which triggered market turmoil. Last week, Prime Minister Le Corny broke the parliamentary deadlock and successfully survived two votes of no confidence, paving the way for the budget debate and boosting the benchmark index. At the same time, the strong start to the earnings season also offset the negative impact of S&P Global Ratings unexpected downgrade of Frances sovereign credit rating last Friday - a move that highlighted the countrys fiscal difficulties. Christopher Danbic, senior investment advisor at Pictet Asset Management, said: "The downgrade has been fully digested by the market, and investors are focusing on the earnings reports of companies such as LVMH. What really drives the market is the earnings season that exceeded expectations and started well."On October 21, Jinao International (00009.HK) announced that it had received a court order from the High Court regarding the consent summons filed on October 6, 2025. The High Court ordered, among other things, the withdrawal of the First Petition and the cancellation of the hearing on October 15, 2025. The Company will update shareholders and potential investors on any developments through further announcements as appropriate. At the request of the Company, trading in the Companys shares on the Hong Kong Stock Exchange has been suspended since 9:00 a.m. on April 2, 2024, and will remain suspended until further notice.S&P 500 futures erased earlier losses to turn positive.

Alibaba intends to keep listings in New York and Hong Kong

Aria Thomas

Aug 01, 2022 10:44

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Alibaba (NYSE:BABA) Group Holding Ltd said that it would attempt to maintain its New York and Hong Kong stock exchange listings after U.S. authorities placed the Chinese e-commerce behemoth on a delisting watchlist.


On Friday, the company joined more than 270 others on the U.S. Securities and Exchange Commission's list of Chinese firms that might be delisted for failing to meet auditing requirements.


The Holding Foreign Firms Accountable Act (HFCAA) intends to settle a long-running dispute over the auditing compliance of Chinese companies listed on U.S. stock exchanges.


Alibaba said on Monday that it is presently in its first "non-inspection" year since being placed to the list.


"Alibaba will continue to monitor market trends, adhere to applicable laws and regulations, and endeavor to maintain its listing status on both the New York Stock Exchange and the Hong Kong Stock Exchange," the business said in a statement to the Hong Kong exchange.


Alibaba, founded by billionaire Jack Ma, revealed last week its desire to convert its secondary listing in Hong Kong to a dual primary listing, making it easier for mainland Chinese investors to acquire its shares.


U.S. authorities have sought unrestricted access to audit operating papers of Chinese enterprises domiciled in China that are listed on the New York Stock Exchange.

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