The Shanghai Composite Index retreated 0.7 per cent to 3,087.40 at 10.06am local time while the CSI 300 Index fell 0.5 per cent and the Shenzhen Composite…
BEIJING: Former party chief and chairman of China Everbright Group Li Xiaopeng was expelled from the Communist Party and his post for severe violations of discipline and law including bribery, Chinese state broadcaster CCTV reported on Monday (Oct 9). Li is the latest Chinese financial executive found guil
Pawn shops may have almost been pushed into oblivion in Hong Kong with the advent of convenient financial tools such as credit cards and emergence of online banks, but some are still willing to brave the odds.
Clara Chan Ka-chai, the incoming CEO of the new government investment company which will oversee HK$62 billion (US$8 billion) of funds, is not new to deal-making challenges, having earned the moniker ‘goddess’ for her role in rescuing the city’s flagship carrier from collapse during the pandemic.
Some Chinese
hedge funds are making a killing in the country s flagging stock
markets by using an increasingly popular leverage and derivative
strategy that also helps them skirt regulatory borrowing.