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…
“Patriotism” is a good business? The Chinese Communist Party’s official media rush to extinguish the fire
Xinjiang cotton was boycotted by Western brands because of the forced labor issue involved, followed by a collective boycott campaign…
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…
China’s financial circles broke another scandal, CDF executives suspected of cheating on female subordinates
After two months, CICC, a top investment firm known as “China Goldman Sachs”, broke another peach scandal. Chen Gang, the…
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,…
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