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...The top three executives at some of China’s leading state-backed brokerages, including CSC Financial, Citic, China International Capital Corporation (CICC), Huatai Securities and Guotai Junan Securities,...
...“In terms of global investor interest in China, it’s definitely the worst I’ve seen in my career,” said Wang Qi, chief investment officer at UOB KayHian in Hong Kong, who began working in finance in the...
...The BBC needs its new chair to be in place before announcing its new strategy on the future of the corporation, which is expected to focus on its shift to digital channels, people close to the process said...
...with the money that we’re generating”, alongside cost-cutting efforts....
...Sales at ChaPanda’s franchises jumped to Rmb17bn in 2023 from Rmb10bn in 2021....
...“Something said in one month may not necessarily be implemented in practice in the months to come.”...
...“They’re probably going to hold off until exports slow down or property gets even worse,” he said....
...They’re creating a gulf between ‘news’ & ‘current affairs’ that doesn’t exist; and they rely too much on audience perceptions.”...
...In China, it notes, “the provinces and the main cities appear to be in competition among them to have [electric-vehicle] producers in their area, in order to attract employment, revenues and the attention...
...“Teenage students, white-collar workers in their thirties, they’re drinking it every few days,” said a worker at ChaPanda. “They can’t go without it.”...
...Dear reader, Sometimes, it turns out, bankers do know what they’re talking about. In January, I questioned the talk about “green shoots” in dealmaking by US banking bosses....
...Vanke, which is partly owned by the state-owned metro in the city of Shenzhen, became the focal point of the sector’s troubles in March after rating agency Moody’s, which estimated a severe decline in its...
...BNP has a 13.8 per cent stake in Nanjing City Commercial Bank in China, whittled down from its initial holding of 19 per cent bought in 2005....
...“The correction in property construction is still in its early stages,” she noted. Beijing has set a growth target for the year of 5 per cent, similar to last year and the lowest in decades....
...Do I like hedge funds talking about how they’re in the music space? I am cynical about what will happen.”...
...Ralf Thomas said in an interview with the Financial Times. “This is about decades.”...
...“There haven’t been huge functionality advances over this past decade, but once you’re in this ecosystem it’s hard to leave,” he said. “Apple’s development prospects in China don’t look good....
...The report accused the BBC of being selective in how it communicated its strategy to shift more of its operations outside London, suggesting the corporation did so to present itself in a more favourable...
...This means the GDP deflator — the broadest measure of price movements in the economy — remained in deflationary territory, another sign of excess capacity in the economy....
...“We’re investing heavily in the content and the marketing of UK TV play — there is a big rebrand coming up,” he said....
...that it was “important to demonstrate that we’re managing responsibly the most consequential relationship”....
...Country Garden, which defaulted in October after it was previously seen as one of China’s safest developers, had a winding-up petition filed against it in Hong Kong in February over a $200mn loan....
...The corporation will need to carry out a public interest test before creating the stations, which will in effect be required to show that their public value outweighs the adverse impact on commercial rivals...
...You shoot slowly, and there’s your life — time is in it.” Yang, born in 1971, grew up in Beijing and the capital’s accent is still audible in his softly spoken Mandarin....
...In February it sold stakes in a plaza in Shanghai for $451.2mn. Vanke said in a statement this week that its “operating fundamentals” were “normal”....
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