Category: Finance

Tencent’s top shareholder reduces its stake by 2% to cash out HK$100 billion

Prosus NVPRX.AS, the majority shareholder of Chinese Internet giant Tencent Holdings 0700.HK, announced on Wednesday that it was reducing its…

China’s foreign reserves fall by $35 billion in March, biggest drop in a year

By the end of March, China’s foreign exchange reserves stood at $3.17 trillion, down $35 billion in a single month,…

Huawei cloud business regenerates change Split cloud and computing business group

The Cloud & AI Business Group (Cloud& AI BG), one of Huawei’s four business groups, has been in existence for…

Hong Kong 60 companies suspended trading, nearly 100 can not send 2020 earnings report

Recently, listed companies have been releasing their 2020 financial reports, and according to statistics, as of the 6th, there are…

Canada’s housing market is like the United States in ’08? On the verge of “collapse”

Canada’s Financial Post reported last week that a report published by Fitch Ratings, the world’s leading credit rating agency, said…

Bezos, the world’s richest man, said: I support President Biden’s plan to increase taxes

Bezos, one of the world’s richest men and founder as well as chief executive of online giant Amazon, said he…

China’s Ministry of Finance Releases Signal Property Tax Legislation Hears Stairs Again

Wang Jianfan, director general of taxation at China’s Ministry of Finance, said today that the 14th Five-Year Plan will “actively…

Awesome! Canadian dollar becomes one of the best major currencies this year

Analysts expect the Canadian dollar to reach 81.96 U.S. cents against the U.S. dollar by the end of the year,…