Tom Yeung here with today’s Smart Money. On May 27, a gated home in Shanghai’s Changning District sold for 270 million yuan ($38 million), creating a sensation in the Chinese press. “How can it not ... ( read original story ...)
Big Hong Kong IPOs like CATL help squeeze price gaps of China’s dual-listed companies
The H-share discount to A shares narrows to 24 per cent from an average of 31 per cent over the past two years. ( read original story ...)
US law firm Seyfarth to exit Shanghai in latest China market retreat
Law firm Seyfarth Shaw is planning to close its Shanghai office later this year, as major U.S. law firms continue to reduce their footprints in the Chinese legal market. ( read original story ...)
Citi plans to cut 3,500 tech roles in China as global banks cut costs
A slew of major global banks are under fresh pressure to trim costs against the backdrop of deteriorating global economic outlook. ( read original story ...)
Citi Cuts Tech Staff in China, Presses on With Brokerage Plan
Citigroup will reduce its technology workforce in China by about 3,500 as part of ongoing restructuring to streamline global operations. ( read original story ...)
Citi plans to slash 3,500 tech roles in China as global banks cut costs
A slew of major global banks are under fresh pressure to trim costs against the backdrop of deteriorating global economic outlook. ( read original story ...)
Citigroup lays off 3,500 tech staff in China
Citigroup has laid off 3,500 technology staff in mainland China as part of the bank’s push to cut costs and streamline its global operations amid a broader turnaround effort. The cut affects a ... ( read original story ...)