Search results
Results From The WOW.Com Content Network
Most ADR programs are subject to possible termination. Termination of the ADR agreement will result in cancellation of all the depositary receipts, and a subsequent delisting from all exchanges where they trade. The termination can be at the discretion of the foreign issuer or the depositary bank, but is typically at the request of the issuer.
Futu also owns Futu Securities International (Hong Kong) Limited (Chinese: 富途證券) ("Futu HK"), which is a licensed corporation recognized by the Hong Kong Securities and Futures Commission. Founded by Leaf Hua Li in 2012, Futu HK attracted significant backing from Tencent, Matrix, and Sequoia Capital, [ 4 ] [ 5 ] which have supported the ...
A breakup fee (sometimes called a termination fee) is a penalty set in takeover agreements, to be paid if the target backs out of a deal (usually because it has decided instead to accept a more attractive offer). The breakup fee is ostensibly to compensate the original acquirer for the cost of the time and resources expended in negotiating the ...
Tencent has repurchased nearly $7.7 billion of its shares since May, while Futu has done a good job of growing its client base, benefiting from its reach beyond China.
The rocket fuel provided by the Chinese government's stimulus was only one factor in the company's pop.
Termination fees are common to service industries such as cellular telephone service, subscription television, and so on, where they are often known as early termination fees. For instance, a customer who purchases cellular phone service might sign a two-year contract, which might stipulate a $ 350 fee if the customer breaks the contract.
OTC Markets Group, Inc. (formerly known as National Quotation Bureau, Pink Sheets, and Pink OTC Markets) is an American financial services corporation that operates a financial market providing price and liquidity information for almost 12,400 over-the-counter (OTC) securities. [3]
An automatic renewal clause is used in the insurance and healthcare industries . An automatic renewal clause (also referred to as an evergreen clause), is activated towards the end of the contractual period whereby it automatically renews the terms of an agreement except when the contract is terminated (through mutual agreement or contract breach), or one of the contracting parties has sent a ...