Freedom Holding Corp. is exploring a secondary public offering in Hong Kong to fund its international growth strategy, following a recent 6.25% stock surge to $122.76.
- The firm plans to acquire or establish new banking operations in Turkey and continental Europe within the coming months.
- CEO Timur Turlov confirmed a strategic pivot away from the Russian market to focus on global expansion.
- Management is considering issuing bonds in dollars and yuan to finance infrastructure projects, such as data centers.