Higher growth in insurance revenues has seen CIC Group net profit rise to Ksh 705.5 million during the first six months of this year. CIC Group profit after tax in the period ended June 30, 2023 surged from Ksh 263.1 million reported last year aided by insurance revenues which increased to Ksh 12.9 billion from […]
Shares in embattled Chinese developer Evergrande have fallen by around 80% as they started trading in Hong Kong for the first time in a year and a half. The shares have lost more than 99% of their value in the last three years as Beijing cracked down on property firms. Evergrande is at the centre […]
Shares of Chinese developer Evergrande have plummeted by approximately 80% as they resumed trading in Hong Kong for the first time in 18 months. The once-prominent company has experienced a drastic decline, shedding more than 99% of its stock value over the past three years due to intensified regulatory actions by Beijing targeting the property […]
