In a regulatory inquiry in July, the Shanghai stock exchange asked Yeestor Microelectronics, a Shenzhen-based manufacturer of flash memory control chips that filed for a Star IPO last year, whether a ... ( read original story ...)
Bank Staff Counts Rs 6.5 Crore Cash Manually After Chinese Millionaire Withdraws It
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 ...)