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Chinese automaker Geely's ride-hailing arm CaoCao raised $236M in a Hong Kong IPO, listing 19% below its offer price; its market cap was $2.42B as of Wednesday (Kensaku Ihara/Nikkei Asia)

Kensaku Ihara / Nikkei Asia : Chinese automaker Geely's ride-hailing arm CaoCao raised $236M in a Hong Kong IPO, listing 19% below it...

26 June 2025

FHFA Director William Pulte orders Fannie Mae and Freddie Mac to explore crypto as an asset for single-family mortgage applications without converting it to USD (MacKenzie Sigalos/CNBC)

MacKenzie Sigalos / CNBC:
FHFA Director William Pulte orders Fannie Mae and Freddie Mac to explore crypto as an asset for single-family mortgage applications without converting it to USD  —  In a landmark shift for the U.S. housing finance system, the Federal Housing Finance Agency has issued a directive ordering Fannie Mae …

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