China’s market regulator has fined China International Capital Corporation (CICC), considered China’s Goldman Sachs, 6 million yuan (US$841,000) over its failure to perform due diligence as sponsor of ... ( read original story ...)
Shanghai steadily marches toward being an international financial center
VCG. Shanghai Municipality is striving to establish itself as an international financial center and global asset management center, aiming t ... ( read original story ...)
HSBC named ‘Best Cash Management Bank’ in Bangladesh
Bangladesh has been voted as the “Best Cash Management Bank” and “Best Cash Management Bank for Client Service’ in Bangladesh for the 15th time and 7th time respectively in a row in the Euromoney Cash ... ( read original story ...)
Report on China’s rising affluent population released
Shanghai Jiaotong University's Shanghai Advanced Institute of Finance (SAIF) and Charles Schwab, a provider of financial services, jointly issued the eighth annual "SAIF-Charles Schwab China Rising ... ( read original story ...)
Qiming Venture Partners Celebrates WeRide’s IPO on Nasdaq
On October 25th, 2024, Beijing Time, WeRide, a world-leading autonomous driving company and Qiming Venture Partners' portfolio company, began trading on Nasdaq. This marks a historic milestone as both ... ( read original story ...)
China’s market rollercoaster claims another fund
Shanghai Power Asset Management Co has apologised to investors and shut its arbitrage strategy after heavy losses, the latest China hedge fund bruised by wild gyrations in the market since authorities ... ( read original story ...)
$1.80 dinners and budget clothes? The spread of frugality is hurting China’s economy
"This is so economical," she marveled over a $1.80 dinner. "They also included fried chicken." Other accounts tout $8 gym memberships and the merits of waiting for sales at fast-fashion clothing ... ( read original story ...)