Roundup: Chase Shutdowns, Moomoo Under China Probe, and Hyatt CEO ‘Positive Expectation’


  • Moomoo Parent Futu’s Nasdaq shares fall nearly 28% on China probe from Forbes.
  • Pursuing Closures: New Behaviors from MEAB. Would have made a high level post but didn’t want to cause panic, think anyone who was shut down knew what they were doing and why they would be shut down.
  • Hyatt CEO World Cup and $100,000 Housekeeper Wages from the WSJ. Key points from this article (emphasis mine):
    • WSJ: You have a very dedicated loyalty base of members. Are some of the recent changes to the program, like expanding from three redemption levels to five, a way to sneakily devalue points?Hoplamazian: Honestly, the reaction has been generally positive. We’ve kept a fixed price chart so you don’t have to guess. Some of our competitors and others in the travel industry have moved to a dynamic pricing table.

      We also have a very unique offer, which is “guest of honor”, which allows you to gift your status and benefits to someone else you really care about. And while we have adjusted a number of hotels, this is the result of changes in rates and average daily costs.

Offers starting/expiring at the end of today or starting today (see the full calendar of deals here):

Offers start/expire at the end of tomorrow:

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