China Resources chief Song Lin sacked in graft probe China Digest
The chairman of the state-owned China Resources (Holdings) Co. Ltd., Song Lin, has been sacked for "suspected serious violations of discipline and law", the official Xinhua News Agency reported over the weekend. Song's dismissal came after Wang ...
HKEJ Today: Highlights HKEJ Today
Following is a summary of major news and comments in the Hong Kong Economic Journal, the parent publication of EJ Insight, on Friday, April 18: TOP STORIES China Resources chief Song Lin faces graft probe The chairman of the state-owned China ...
Traditional fund managers seen under threat in new internet era Views & Analysis
Experienced stock traders who are active on social media will eventually take up the role of traditional fund managers due to the rise of internet finance, according to an investment banking veteran. "Why should investors pay 2 percent of their ...
What can Baidu Wallet count on to make a mark? Market Pulse
China's fast-growing mobile payment market may offer plenty of room for Baidu to squeeze into the segment, but competing with incumbents Alibaba and Tencent (00700.HK) will still be an uphill struggle for the internet search leader. Baidu officially ...
More than two million people will join the ranks of "mass affluence" in China this year, taking the national total to 14.01 million, Forbes China said Wednesday. Individuals must have between 600,000 yuan (US$96,500) and 6 million yuan in investable ...
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