A million-dollar paycheck might not turn heads on Wall Street, but it’s a tidy sum in China, where the financial industry is still dominated by government-owned institutions with a history of conservatism on pay. In…
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Flooding kills at least 40 in and around Beijing, many still missing
US Abandons Maglev Train Plans as China Rapidly Develops Technology
Potentially tens of thousands of faulty Nvidia AI chips end up in these obscure Chinese repair shops — it may mask something even more vital
Donald Trump is helping China in the AI race. Why?
China’s trade deadline ‘under discussion’ after Washington has positive talks with Beijing: US Trade Rep
China’s swimming prodigy draws global praise and a note of caution
Beijing renews rainstorm alert; residents urged to avoid mountain, water activities amid flood risks
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China Analysts’ Cut-Throat Fight for $1 Million Paycheck
Tea and Tiananmen: Inside China’s new censorship machine
TIANJIN, China, Sept 29 (Reuters) – In a glass tower in a trendy part of China’s eastern city of Tianjin, hundreds of young men and women sit in front of computer screens, scouring the Internet…
China 40: Record Outbound Investment Fuels Growth As Top Firms Reveal PEP For First Time
Riding China’s record-setting outbound investment boom, the country’s largest law firms are catching up with their global counterparts in financial performance. A historic volume of $221bn in M&A during 2016, as measured by Thomson Reuters,…
China Tо Bооst Financial Suppоrt Fоr Small Businesses
HONG KONG (Reuters) – China’s cabinet said on Wednesdaу that it will take a number of measures, including tax exemptions and targeted reserve requirement ratio cuts, tо encourage banks tо support small businesses. Financial institutions…
Beijing Population Capped at 23 Million to Keep City ‘Harmonious and Livable’
The city of Beijing will place a ceiling the number of people who may live in the Chinese capital at 23 million in an effort to become “a world-class harmonious and livable city,” the Diplomat…
More Chinese fintech firms to eye Hong Kong IPOs, says JP Morgan
Zhong An Online Property and Casualty Insurance, China’s first online-only insurer, closed nine per cent up from its IPO price on Thursday in its Hong Kong debut. With an oversubscription of nearly 400 times from…
China to shut down North Korean companies
At a news briefing on Thursday, China’s foreign ministry spokesman Lu Kang said: “We are opposed to any war on the Korean peninsula.” “Sanctions and the promoting of talks are both the requirements of the…
China-Based RISE Education Files For $100 Million U.S. IPO
I’ll provide a final opinion when we know more details about the IPO. Beijing, China-based RISE Education Cayman was founded in 2007 to provide after-school English lessons. Management is currently headed by CEO Yiding Sun…
Beijing rules out direct aid on ChemChina’s $44bn Syngenta purchase
Beijing will not directly intervene to shore up Swiss seeds … ChemChina will also be able to tap proceeds from next week’s IPO of Italian tyre company Pirelli. The prospect of unknown liabilities from the…
ZhongAn Insurance Starts Trading on the Hong Kong Stock Exchange
We can foresee a few more to come in the near future: Chinese micro-lender Qudian has filed for its U.S. initial public offering; word has also come out that Beijing-based Quant Group will do its…
Roku’s IPO Price Just Gave the Company a $1.3 Billion Valuation
Roku has priced its IPO at the high end of the indicated price range … Tillerson to cover North Korea, Trump visit during China trip US experts said Beijing’s coal imports in August highlight its…
China’s first online insurer surges in stock market debut
Xu Xiaohua, vice-president of the insurance school at the Central University of Finance and Economics in Beijing, estimates life insurance … was 393 times the number of shares on offer in the IPO, ZhongAn told…
Chinese Education Co. Raises $144M In Above-Range IPO
Beijing-based RYB offered 7.8 million American depositary shares at $18.50 each, exceeding its original price range of $16 to $18. The company directly sold 5.5 million shares in the IPO, while a shareholder affiliated with…
