Bank of America China has hired Wenjie Zhang as managing director and president, according to a memo seen by Reuters. Zhang will be based in Shanghai and will be appointed as branch manager of Bank of ... ( read original story ...)
Ping An’s Chief Insurance Business Officer Lu Min: Reform of Life Insurance Business Will Lay Solid Foundation for Next Decade
Company of China, Ltd. (hereafter “Ping An” or the “Group”, HKEX: 2318; SSE: 601318) announced that its life insurance arm, Ping An Life, is driving business in four key areas: its growth model, ... ( read original story ...)
Condo Butler Service Demand in China Sparks 400% Stock Gain
Surging demand for butler-like concierge service at the millions of condominiums in China is creating one of the hottest sectors in the nation’s stock market. ( read original story ...)
UPDATE 1-China issues new rules to tighten control over financial holding firms
China has issued new rules to regulate financial holding companies, in its latest move to prevent systematic risks to the nation's vast financial sector. ( read original story ...)
Shanghai Is China’s Top 5G Talent Hub Due to Big Firms, Good Pay, Report Shows
More than 52 percent of China's 44,000 5G research and development talents are located in Shanghai, according to Zhipin.Com's recent report. Shanghai, which is home to most of China's information ... ( read original story ...)
ByteDance not selling TikTok US business to Microsoft, chooses Oracle as technology partner
ByteDance acquired Shanghai-based video app Musical.ly - whose user base was largely American - for $1 billion in 2017 without seeking CFIUS approval, relaunching it as TikTok the following year. ( read original story ...)
Asia shares rise as Oracle strikes deal for TikTok’s US business
Hong Kong’s Hang Seng climbed 0.5 per cent and China’s CSI 300 of Shanghai- and Shenzhen-listed stocks gained ... is likely to own a minority stake in TikTok’s US business while addressing the White ... ( read original story ...)