Be it talking, shopping, gaming or even mountain climbing - China has witnessed a growing trend of young people seeking out paid companionship. While local media reports have highlighted the merits, ... ( read original story ...)
China kicks off 500 billion yuan swap facility to aid stock market
China's central bank said on Thursday it would start accepting applications from financial institutions to join a newly created funding scheme, initially worth 500 billion yuan ($70.62 billion), to aid the capital market. ( read original story ...)
China’s Central Bank Says Opens Up $70.6 Bn In Liquidity To Boost Market
China's central bank on Thursday launched a "swap facility" offering firms access to 500 billion yuan ($70.6 billion) in liquidity, as Beijing seeks to boost the country's flagging economy. ( read original story ...)
How China’s crackdown turned finance high-flyers into ‘rats’
Xiao Chen*, who works in a private equity firm in China’s financial hub, Shanghai, says he is having a rough year. For his first year in the job, he says he was paid almost 750,000 yuan ($106,200; £81 ... ( read original story ...)
Guidebook provides Shanghai opportunities for asset managers
Incorporating the latest policies and investment guidelines, the Shanghai Guidebook for Overseas Asset Manager (2024) was released on Wednesday at the 2024 Shanghai Global Asset Management Forum, ... ( read original story ...)
China central bank kicks off 500 billion yuan swap facility to aid stock market
China's central bank said on Thursday it would start accepting applications from financial institutions to join a newly created funding scheme, initially worth 500 billion yuan ($70.62 billion), to ... ( read original story ...)
Asian markets track Wall St record as Hong Kong, Shanghai stabilise
Asian markets tracked a record day on Wall Street Thursday, with Shanghai and Hong Kong supported by a Chinese central bank move to boost liquidity for major stock-buyers. The gains led a rally across ... ( read original story ...)