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SK Hynix has abandoned plans to list Solidigm in the United States after strong shareholder opposition and regulatory scrutiny over potential harm to minorities shareholders, the company said in a regulatory filing on Friday. SK Hynix also suspended

2026-10-23

SK Hynix has abandoned plans to list Solidigm in the United States after strong shareholder opposition and regulatory scrutiny over potential harm to minorities shareholders, the company said in a regulatory filing on Friday. SK Hynix also suspended the pre-IPO investment-introduction process that had been proceeding alongside the listing. Solidigm, the group’s flash-memory unit, had appointed Goldman Sachs and Morgan Stanley as joint lead underwriters and targeted a potential US offering next year; South Korean regulators flagged risks of a Duplicate listing and dilution of existing shareholders, prompting the reversal.

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2026-10-23

An Indonesian central bank official stated: "If necessary, we will intervene to ensure a balance between supply and demand in the foreign exchange market."

An Indonesian central bank official stated: "If necessary, we will intervene to ensure a balance between supply and demand in the foreign exchange market."
2026-10-23

Ping An Bank on Oct. 23 released its Q3 report. For 9M 2026 the bank reported operating income of 103.1 bln yuan, up 2.4% YoY, and net profit attributable to shareholders of 39.19 bln yuan, up 2.2% YoY. Q3 operating income was 32.48 bln yuan, up 3.8%

Ping An Bank on Oct. 23 released its Q3 report. For 9M 2026 the bank reported operating income of 103.1 bln yuan, up 2.4% YoY, and net profit attributable to shareholders of 39.19 bln yuan, up 2.2% YoY. Q3 operating income was 32.48 bln yuan, up 3.8% YoY; Q3 net profit attributable to shareholders was 13.49 bln yuan, up 0.2% YoY. As of Sept. 30, 2026 the non-performing loan ratio was 1.05%, unchanged from end-2025. Deviation metrics for loans overdue more than 60 days and more than 90 days were 0.98 and 0.83 respectively. Provision coverage ratio was 214.75%.
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