News of these, and other NEOM partnerships, were received positively by guests at Discover NEOM China, which took place in Beijing, Shanghai and Hong Kong earlier this month, with more than 500 senior ... ( read original story ...)
Exclusive-Chinese brokerage CICC cutting dealmakers’ base pay by 25%, sources say
China International Capital Corp (CICC) is cutting the base pay of onshore investment bankers by as much as 25%, three sources said, in a major effort to reduce costs amid volatile markets and Beijing ... ( read original story ...)
Stock Market News Today, 04/26/24 – Indices Rise; Inflation Data Heats Up
EST Stock indices are in the green so far in today’s trading as investors continue to cheer Microsoft (MSFT) and Alphabet’s ... ( read original story ...)
Chinese cornerstone investors are new pillars of Hong Kong IPOs and it’s not all good news
Chinese local government entities have carried the mantle of cornerstone investors in first-time stock offerings in Hong Kong in the past two years as foreign investors shun deals. Their outsize role ... ( read original story ...)
HK, Shanghai boost financial ties
The ninth Working Meeting of Hong Kong-Shanghai Financial Co-operation is held in Hong Kong to discuss how the two places could enhance financial co-operation. ( read original story ...)
Blinken set to meet Chinese leaders as superpowers manage rivalry
Relations have improved since Blinken’s 10 months ago, enabling the world’s two biggest economies to manage their tense and interdependent relationship. ( read original story ...)
Chinese Financial Services Shares Gain on Consolidation Hopes
Shares of several Chinese financial services companies traded higher Friday on expectations that the sector may see consolidation after state-run Guolian Securities announced its intention to buy another smaller firm. ( read original story ...)