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 ...)
China central bank conducts medium-term loan operation, with rate unchanged
China's central bank conducted a medium-term loan operation on Friday while keeping the interest rate unchanged. The People's Bank of China (PBOC) issued 700 billion yuan ($98.36 billion) worth of one ... ( read original story ...)
HKEX posts best third-quarter earnings since 2021 on China stimulus, 15 IPOs; Morningstar keeps HK$300 fair value
HKEX reported its best third-quarter earnings in three years on Oct 23, with net profit up 7% y-o-y to HK$3.15 billion in 3QFY2024 ended Sept 30. ( read original story ...)