China AI SenseTime Co-Founder Tang Xiao’ou Wife Yang Qiumei Becomes Largest Shareholder with 21% Shareholding & Billionaire after Inheriting $1.5 Billion of Shares from...
China Stimulus Plan: Decrease Average Interest Rates for Existing Mortgages by 0.5%, 15% Minimum Downpayment for Residential Homes, $71 Billion (CNY 500 Billion) Swap...
China New Healthcare Investment Initiatives - 1) Allows Full Foreign-Owned Hospitals in 8 Major Cities & an Island - Beijing, Tianjin, Shanghai, Nanjing, Suzhou,...
China Government Reviews Plan to Allow Refinancing for $5.4 Trillion of Residential Property Loans to Lower Interest & Repayment to Support Existing Homeowners
5th September...
China Authority Bans Low-rated Trust Companies from Selling Wealth & Investment Products Linked to China Local Government Financing Vehicle (LGFV), China Zhongrong International Trust...
China Prosecutors Charged 49 Employees of China Leading Asset Manager Zhongzhi Enterprise Group Which Filed for Bankruptcy in 2024 January Due to Inability to...
China Rejects IMF Proposal to Use Nearly $1 Trillion of Direct Government Financing to Complete Unfinished Housing Projects Due to Moral Hazards & Bail-Out...
China Mutual Fund Industry AUM Increased +12.7% to $4.1 Trillion (CNY 30.2 Trillion) in 2024 1st Half, China Has Around 12,000 Registered Mutual Funds
31st...
China Corruption: Ex-Vice President of China Development Bank Wang Yongsheng Pleads Guilty to Receiving $3.2 Million of Bribes, ex-Vice Chairman of Xizang Political Consultative...
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