Zeekr uses Geely platforms and factories, and holds a specific strategic position within the group. Learn why I rate ZK stock a hold. ( read original story ...)
Two ETFs tracking Saudi companies launched in China, showing strengthened links between Chinese, Middle Eastern financial markets
Two exchange-traded funds (ETFs) tracking large Saudi companies, including Saudi Aramco, made successful debuts in the Chinese mainland stock market on Tuesday, and their values rose by the daily ... ( read original story ...)
Saudi ETFs surge in China debut as financial ties deepen
Chinese President Xi Jinping visited Saudi Arabia in December 2022, meeting with King Salman bin Abdulaziz Al Saud and Crown Prince Mohammed bin Salman. The two countries agreed to cooperate on Saudi ... ( read original story ...)
PwC Layoffs: Firm Considering Firing Half Of Financial Services Auditing Staff In China, Says Report
PwC is contemplating reducing its financial services auditing workforce in China by as much as half, according to a Reuters’ report citing sources. This move comes amid a regulatory inquiry and a ... ( read original story ...)
PwC considers halving China financial services audit staff: Report
The move follows Chinese regulators' scrutiny of PwC this year for its role as the auditor of troubled property giant China Evergrande Group, which, in turn, triggered the exit of some clients ... ( read original story ...)
Saudi ETFs make winning China debut as financial ties with Middle East strengthen
The two feeder funds rose 7.1 per cent and 5.6 per cent in Shenzhen and Shanghai, respectively, after raising a combined US$170 million. ( read original story ...)
Two ETFs Focused on Saudi Stocks Debut in Shanghai, Shenzhen
(Bloomberg) — Two exchange-traded funds focused on Saudi Arabian stocks debuting today in Shanghai and Shenzhen will give Chinese ... more attention to Saudi Arabia looking at the energy and financial ... ( read original story ...)