Shares of the company that operates one of China’s top investment banks, China Renaissance, plunged Friday after the firm said it had lost touch with its founder Bao Fan, one of the country’s most hig…
Monthly Archives For February 2023
Crypto Fugitive Do Kwon Tapped Hoard of 10,000 Bitcoin Via Swiss Bank, SEC Says
Crypto fugitive Do Kwon and the firm he founded transferred over 10,000 Bitcoin out of their doomed project and turned some of the tokens into cash via a Swiss bank, the Securities & Exchange …
China Focus: China’s luxury market poised for swift rebound in 2023
Recent reports suggest that China luxury market is expected to usher in a rapid recovery in 2023 fueled by factors including a surg …
1st LD: China rolls out registration-based IPO system across the board
Of milestone significance in the reform of China’s capital market, the move has basically put in place the institutional arrangements for the registration-based system, the China Securities Regulatory …
The U.S. and China are pushing countries to pick sides in their ballooning rivalry — but some are saying no
The escalating dispute over a downed Chinese surveillance balloon has once again left many countries stuck in the middle of the world’s two largest economies.
China’s property crash is prompting banks to offer mortgages to 70-year-olds
The property market in China is so depressed that some banks are resorting to drastic measures, including allowing people to pay off mortgages until they are 95 years old. Some banks in the cities of…
China hails ‘decisive victory’ over Covid as deaths fall
More than 200m people treated for virus and death rate now ‘lowest in the world’, says government …
China rolls out registration-based IPO system across the board
Of milestone significance in the reform of China’s capital market, the move has basically put in place the institutional arrangements for the registration-based system, the China Securities Regulatory …
China securities regulator implements new IPO rules designed to boost market
China’s securities watchdog has implemented new IPO rules that it hopes will encourage new listings and boost corporate fundraising, while protecting information disclosure and transparency as Beijing …
Why China Didn’t Invent ChatGPT
The state’s hardening censorship and heavier hand have held back its tech industry; so has entrepreneurs’ reluctance to invest for the long term. It wasn’t always that way.
China’s property sales static despite central bank enacting policies to stimulate market
China property sales remain static despite China central bank enacting policies to stimulate the market New York-based NTD reported …
Bao Fan: Billionaire tech banker in China reported missing
His firm’s announcement has renewed concerns of a potential Beijing crackdown on finance and tech figures. Shares in the investment firm plunged on Friday, after it told shareholders it had “been …
China’s Top Tech Banker Is Missing? Here’s What That Means
When the investment bank China Renaissance Holdings said it had lost touch with Bao Fan, its prominent founder, it sent shudders through the investment community. Many feared it’s a sign another …
