Latest News for: Wealth guangzhou

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OCBC, Ping An to provide two-way wealth services in China's Greater Bay Area

Straits Times 19 Oct 2021
Under the scheme, residents in the nine mainland China cities in the GBA such as Guangzhou, Shenzhen and Zhuhai can purchase wealth management products offered by providers in Hong Kong and Macau (south-bound scheme), while those in Hong Kong and Macau can buy products by providers based in mainland China cities (north-bound scheme).
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Videos shared to China's Twitter appear to show desperate Evergrande investors confronting staff, with one ...

Business Insider 30 Sep 2021
In one clip in the compilation, a woman can be seen picking up a knife in the middle of what appears to be an investors' meeting with Evergrande Wealth staff and threatening to kill herself in the meeting room ... If Evergrande Wealth doesn't give me my money today, I'll kill myself right here.".
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Evergrande woes to take toll on China property sale, drive mergers & acquisitions The property ...

Deccan Herald 24 Sep 2021
No.3 developer China Vanke and Guangzhou-based KWG Group said ... Country Garden Services, the property management unit of developer Country Garden, said on Monday it had agreed to buy Wealth Best Global, an arm of Guangzhou R&F Properties Co , for 10 billion yuan ($1.55 billion).
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Analysis: Evergrande woes to take toll on China property sale and drive M&A

Reuters 24 Sep 2021
Country Garden Services, the property management unit of developer Country Garden (2007.HK), said on Monday it had agreed to buy Wealth Best Global, an arm of Guangzhou R&F Properties Co (2777.HK), for 10 billion yuan ($1.55 billion).
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Analysis-Evergrande woes to take toll on China property sale and drive M&A

Metro USA 24 Sep 2021
No.3 developer China Vanke and Guangzhou-based KWG Group said ... Country Garden Services, the property management unit of developer Country Garden, said on Monday it had agreed to buy Wealth Best Global, an arm of Guangzhou R&F Properties Co, for 10 billion yuan ($1.55 billion).
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Ant Group Consumer Lending Platform Starts Handing Over Data to PBOC, Rent-Free Decade for South Koreans With Two Kids

Caixin Online 22 Sep 2021
Here is today’s ranking of the 10 most-read news stories in China, in economics, finance and current affairs, to help give you a sense of what’s trending in the Chinese language sphere ... 2 ... 3 ... 4 ... 5 ... Photo. VCG. 6 ... 7 ... Ltd., China’s largest property developer by total sales — will acquire Wealth Best Global from a subsidiary of Guangzhou R&F Properties Co.
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Why I think Evergrande shares caused a FTSE 100 drop yesterday

The Motley Fool 21 Sep 2021
Evergrande (SEHK. 3333) shares have plunged 88% from 19.60HKD in the past year to 2.27HKD today ... So what’s going on? Evergrande shares crisis explained ... Why so serious? ... But it is also involved in electric cars, food and drink manufacturing, and wealth management. It owns Guangzhou FC, one of China’s most famous football teams ... .
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Evergrande’s crisis hits wealth product investors

Asiatimes 14 Sep 2021
Evergrande Group, China’s second-largest property developer by contracted sales, has seen its debt problems deteriorate as two of its subsidiaries failed to discharge guarantee obligations totaling 934 million yuan (US$144.9 million) as scheduled for the wealth management products issued by third parties.
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Five Things to Know About the New Cross-Border Wealth Connect Program

Caixin Online 11 Sep 2021
10, when mainland banks will be allowed to submit applications to sell cross-border wealth management products to branches of the People’s Bank of China (PBOC) in Guangzhou and Shenzhen, said Xing Yujing, president of the central bank’s Shenzhen branch ... previously told Caixin that they have plans to sell cross-border wealth management products.
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Weekend Long Read: How a London Power-Duo Outfoxed China's Biggest Private Steel Giant

Caixin Online 24 Jul 2021
The wealth of the Mumbai-born pair was estimated this year by the Sunday Times at 21.5 billion pounds ($29.6 billion), making them Britain’s second wealthiest on the list ... Beyond that, the AVIC Trust’s products were guaranteed by Shagang Group; that is to say, the trust and wealth management should be considered Shagang’s financing.
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Weekend Long Read: How a London Power-Duo Outfoxed China’s Biggest Private Steel Giant

Caixin Online 24 Jul 2021
The wealth of the Mumbai-born pair was estimated this year by the Sunday Times at 21.5 billion pounds ($29.6 billion), making them Britain’s second wealthiest on the list ... Beyond that, the AVIC Trust’s products were guaranteed by Shagang Group; that is to say, the trust and wealth management should be considered Shagang’s financing.
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Guangzhou residents urged to stay home, avoid parties during Dragon Boat Festival

China Daily 13 Jun 2021
... of COVID-19 cases detected in Guangzhou continued to rise on Saturday ... An Yong, deputy editor-in-chief of the Guangzhou Broadcasting Network, promised to broadcast a wealth of programs, including classic TV series, entertainment programs, talk shows and the ongoing Euro 2020.
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Blog: How to Keep Your Spirits Up During Quarantine in China

Caixin Online 26 Mar 2021
The 21 days of quarantine in my Guangzhou hotel passed steadily ... murmur of Guangzhou seemed loud, but soon it passed for a form of silence ... China’s coastal cities like Guangzhou are exceptions of wealth and opportunity in a country where 550 million people earn under $150 a month.
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Record Chinese Mainland Inflows Push Hong Kong Stock Index Past 30,000

Caixin Online 21 Jan 2021
(Bloomberg) —Investors on the Chinese mainland are showing unprecedented interest in Hong Kong stocks, powering the city’s fastest rally for a new year in more than three decades ... Li Changmin, managing director at Snowball Wealth in Guangzhou, increased exposure of Hong Kong stocks to about 20% of total holdings from “very little” before last week ... .
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Record Chinese inflows push Hong Kong stock index past 30,000

Straits Times 21 Jan 2021
Mainland traders have net purchased about US$27 billion (S$35.7 billion) worth of Hong Kong shares in January alone, nearing a third what they bought in all of last year ... Li Changmin, managing director at Snowball Wealth in Guangzhou, increased exposure of Hong Kong stocks to about 20 per cent of total holdings from "very little" before last week ... �.

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