Rigel Q2 2026 slides: VEPPANU launch to transform portfolio

Private banks are expected to show stronger profit growth than public sector banks this quarter. Analysts predict private lenders’ profits will climb ten percent year-on-year. Balance sheet growth also favors private banks, with higher deposit expansion. However, public sector banks led in loan book expansion during the June quarter. Investor focus will remain on individual…

Chinese optical components maker Zhongji Innolight has priced its Hong Kong share sale at HK$980 per share, raising HK$53.41 billion in the city’s largest equity offering in nearly seven years. The AI infrastructure supplier plans to use the proceeds for R&D, manufacturing expansion and acquisitions, with trading set to begin on July 30.

Microsoft shares experienced a significant surge on Thursday. The company anticipates continued cash generation through its new fiscal year. Cloud growth is projected to exceed Wall Street’s expectations.