He said that at a bank in Shanghai, he got into a fight with the security personnel and was given the "worst customer service." He then requested that the bank count the five million renminbi ... ( read original story ...)
China’s Bank of Communications Q3 profit down 2.98%
China's Bank of Communications Co Ltd (BoCom), reported a 2.98% drop in third-quarter net profit. BoCom reported a net profit of 23.13 billion yuan ($3.16 billion) in the three months ended September, ... ( read original story ...)
Chinese millionaire withdraws millions, makes bank staff count cash by hand
“This week in Shanghai, China, a millionaire named 'Sunwear' withdrew his entire savings of 5 million yuan and ordered the bank staff to count every single note. All because they asked him to wear a ... ( read original story ...)
As China’s Stock Market Steadies, Risks Around ‘Snowball’ Derivatives Recede
Snowball is a distinct and popular Chinese market derivative that offers bond-like coupons to investors as long as the underlying assets in the product trade within a specified range. ( read original story ...)
Chinese Millionaire Withdrew Rs 6 Crore, Asked Bank To Count It Manually
The man, who goes by username 'Sunwear', wrote on Weibo that he withdrew about five million renminbi ($783,000 at the 2021 exchange rate) from the Bank of Shanghai branch after receiving the "worst ... ( read original story ...)
‘Petty’ millionaire withdrew entire savings and ordered bank to count the money after argument
The Chinese man - known only as 'Sunwear' - withdrew more than £500,000 from the bank after receiving what he deemed to be bad service ... ( read original story ...)
Top China bank ICBC posts flat Q3 profit
Industrial and Commercial Bank of China Ltd (ICBC), China's largest commercial lender by assets, on Friday said net profit grew 0.03 per cent year-on-year in the third quarter.Profit was 94.93 billion ... ( read original story ...)