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Guotai Junan International expects 52-72 pct y-o-y increase in H1 net profit
Guotai Junan International Holdings Limited (Guotai Junan International, 01788.HK) expected its net profit in the first half of this year to reach 185 million to 210 million HK dollars (about 23.7 million to 26.9 million U.S. dollars), up 52 percent to 72 percent from the net profit of nearly 122 million HK dollars (about 15.6 million U.S. dollars) for the same period of 2023, according to the company's filing with the Hong Kong Exchanges and Clearing Limited on July 17.
July22,2024
China remains wealth creation hub: UBS chairman
"China continues to be the world's second-largest economy and a wealth creation hub, and is a key market for UBS," UBS Chairman Colm Kelleher said on Tuesday.
January10,2024
China's wealth management market sees more investors in 2022
China saw more wealth management product investors in 2022, after it lowered the market entry threshold, according to an industry report.
February20,2023
More foreign institutions favor China's wealth management market
As China continues opening-up of its financial sector to the outside world, more foreign institutions are coming to invest in the country's wealth management market, reported the Xinhua-run China Securities Journal.
October21,2022
China's wealth management industry sees growth potential: KPMG report
The Chinese market of the wealth management industry is looking at growing scale in the future, according to a recent report by KPMG, reported Economic Information Daily on Monday.
April13,2022
ICBC, Goldman Sachs to set up joint venture on wealth management
The Industrial and Commercial Bank of China (ICBC) and Goldman Sachs Asset Management will cooperate to set up a joint venture on wealth management, according to a recent announcement.
May27,2021
Chinese households are more willing to invest in funds, report
Chinese people have a greater need for online wealth management than saving in the post-epidemic era, and they are more willing to invest in funds rather than stocks, said a report released on Sunday.
July27,2020
China's bank wealth management products total 23.4 trln yuan at end of 2019
China's banking system had a total of 23.4 trillion yuan (3.34 trillion U.S. dollars) of outstanding non-guaranteed wealth management products (WMPs) at the end of 2019, up 6.15 percent from one year earlier.
July20,2020
China to facilitate cross-border wealth management investment in Greater Bay Area
China will initiate a pilot program to facilitate cross-border purchase of wealth management products (WMP) by residents in the Guangdong-Hong Kong-Macao Greater Bay Area, the country's central bank said Monday.
June30,2020
Chinese banks' wealth management businesses remain stable
Chinese banks' wealth management businesses remained stable in recent years with a better product structure, according to the country's top banking regulator.
May25,2020
China greenlights first wealth management unit of rural commercial bank
China's banking and insurance regulator has given the nod to the establishment of the first wealth management company owned by a rural commercial bank.
February21,2020
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