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China's AM market boasts huge development potential, expert
China's asset management (AM) market has great potential for development, reported Securities Times citing Xiao Gang, ex-chairman of China Securities Regulatory Commission (CSRC) on Sunday.
August10,2020
German exports to US and China fall in August
German exports to the United States and China fell in August compared with the same month a year ago, the Federal Statistical Office (Destatis) reported on Monday.
September26,2024
China AM giants take over more than RMB110 bln NPAs H1
China's two financial asset management (AM) giants China Huarong Asset Management Co., Ltd. and China Great Wall Asset Management Co., Ltd. acquired in total more than 110 billion yuan of non-performing assets (NPAs) in the first half of this year.
July22,2020
GLOBALink | BRI brings us many opportunities: Turkmen businessman
"The Belt and Road Initiative is bringing us many opportunities," said Turkmen businessman Sahedov Begench, who founded an international trading company in China's Xi'an to engage in cross-border e-commerce.
July11,2024
Securities firms see AM biz rebound after 2-yr contraction
Securities brokers in China saw finally their asset management (AM) business rally after contracting for more than two years by March, reported sector portal Securities Times Wednesday.
June17,2020
India and China will surpass Europe and US in 5G
This was stated by the CEO of Ericsson, the Swedish Group among the world’s leading providers of technology infrastructure for the new mobile phone standard.
January18,2023
Nine of world top 20 AM giants open digital offices on Alipay
Eighteen foreign-fundedasset management (AM) giants including nine of the world top 20 have opened digital offices on Alipay, a household name of online payment service in China, by Monday, according to Ant Financial Services Group, a fintech arm of Alipay.
June23,2020
Foreign AM giants rush to apply for establishing public fund firms in China
Upon removal of foreign ownership limits since April 1, foreign asset management (AM) giants such as BlackRock, Inc. and Neuberger Berman have filed applications for setting up wholly-owned publicly-offered fund management firms in China, reported Securities Times Thursday.
April03,2020
Insurance AM institutions & PE firms register nearly RMB650 bln products in Jan.-Oct.
A total of 31 insurance asset management (AM) institutions and 10 insurance private equity (PE) fund management firms have registered 648.719 billion yuan of products in the first 10 months of this year, reported Xinhua Finance on Wednesday.
November19,2020
German auto industry expert: Chinese are years ahead of us
German auto industry expert Ferdinand Dudenhöffer believes that Chinese manufacturers are years ahead of the German car giants, which is why he hopes to see collaboration between the brands.
November01,2023
Ofo races into UK, US markets
Chinese bike-sharing startup ofo Inc will soon offer more bicycles in the United Kingdom and the United States after its trial operations in the two countries gained positive feedback from local consumers, co-founder Yu Xin said.
July11,2017
Foxconn accesses investment opportunity in US
Foxconn said on Dec. 7 that the group was conducting a preliminary evaluation of potential investment opportunities in the U.S. After direct discussion with relevant units abroad, Foxconn promised that relevant details will be released. However, the inves
December12,2016
Pharma, Kedrion and BPL together to conquer the US and China
The Tuscan Group led by Paolo Marcucci will create, together with Britain's BPL, one of the fastest-growing companies in the plasma sector, a global player in human plasma-derived medicinal products. Pivot of the deal are Permira funds and Ugo di Francesco, CEO of Chiesi
September27,2022
UniCredit seeks US$13.8b issue
Italy’s largest bank, UniCredit, unveiled plans on December 13 to raise 13 billion euros (US$13.8 billion) in the nation’s biggest share issue, to shore up its balance sheet and distance itself from Italy’s broader banking crisis.
December15,2016
Unlock China's Economy | China is a market that challenges us to improve: president of Bimbo Asia
"China is a very innovative and dynamic market (...) It's definitely a market that not only demands a lot, but also pushes us to improve," said Ignacio Pugliese, president of Bimbo Asia, a branch of the Mexican bakery giant Grupo Bimbo.
July18,2024
Huaxintong to build US research center
Earlier this year, Qualcomm and the Guizhou government poured another 1 billion yuan ($144 million) into the company, bringing the total investment to 2.85 billion yuan.
May26,2017
Volkswagen extends production suspension in the US
Volkswagen Group has extended the suspension of its US production site in Chattanooga in the state of Tennessee on Wednesday by one week due to the coronavirus pandemic.
March27,2020
Suntory not considering IPO of US unit
Suntory Holdings is not planning to list its US spirits unit Beam Suntory Inc on the New York Stock Exchange, a top executive said on Thursday, denying a Japanese media report.
January06,2017
Alipay expands in US with First Data
China's third-party payment tool Alipay, which is backed by online giant Alibaba Group Holding, reached a deal with payment processor First Data that will let its users shop with more than 4 million retail partners in the US, Bloomberg reported Tuesday.
May11,2017
CIC eyes healthy prospects in US
The head of China's sovereign wealth fund said on Monday that it is eyeing rich investment opportunities in the United States as president-elect Donald Trump plans to expand the nation's infrastructure programs.
January17,2017
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