Former China Financial Regulator Yi Huiman to Face Corruption Trial as Anti-Graft Campaign Intensifies

The former head of China’s financial markets regulator, Yi Huiman, is set to face trial for corruption, state media confirmed Wednesday, marking another significant development in Beijing’s sweeping and relentless…

Former Head of China’s Financial Regulator, Yi Huiman, to Face Corruption Trial Amid Sweeping Anti-Graft Campaign

The former head of China’s financial markets regulator, Yi Huiman, is set to face trial for corruption, state media confirmed on Wednesday, marking the latest high-profile official to be ensnared…

Shein Shares Tumble Over 11% Following Disappointing Financial Results and IPO Valuation Drop

Shares in the Chinese fast-fashion behemoth Shein experienced a significant downturn, plunging more than 11 percent in Hong Kong trading on Tuesday. This sharp decline followed the release of the…

Kazakhstan’s Financial Hub AIFC Challenges Traditional Perceptions, Courts Chinese Investment Beyond Resources

For many Chinese investors, Kazakhstan and the broader Central Asian region have long been primarily associated with vast natural resources – a perception anchored in the abundant reserves of oil,…

China’s Couriers and Financial Staff Identified as Nation’s Loneliest Occupations in Major Survey

In a striking revelation about the social dynamics of China’s rapidly evolving workforce, a comprehensive survey conducted by 58.com, a leading online marketplace and classifieds operator, has identified couriers as…

Regulators ‘need to prevent financial risks more proactively and effectively’

China’s financial landscape in November witnessed a delicate yet strategic dance between stimulating economic growth and fortifying the bulwark against systemic risks, as both the money supply growth rate and…

China Sentences Evergrande Founder Xu Jiayin to Life in Prison for Large-Scale Financial Fraud, Imposing $2.4 Billion Fine on Group

The architect of one of China’s most spectacular corporate downfalls, Xu Jiayin (also known as Hui Ka Yan in Cantonese), the founder of the embattled property behemoth Evergrande Group, has…

DapuStor Corporation Plans H-Share Listing on Hong Kong Stock Exchange Amid Robust Financial Performance and Expanding Data Center Market

DapuStor Corporation, a prominent Chinese enterprise SSD and data-center storage manufacturer, has formally announced its board’s approval of a strategic plan to issue H shares and pursue a listing on…

Regulators ‘need to prevent financial risks more proactively and effectively’

China’s financial landscape in November witnessed a delicate balancing act, with key monetary indicators signaling a concerted effort to support economic growth even as top officials reiterated the paramount importance…

Hongkong Post to End Permanent Civil Service Contracts for New Staff Amidst Declining Mail Volume and Financial Strain

Hongkong Post is set to discontinue offering permanent civil service contracts to newly hired staff, a significant policy shift aimed at curbing costs as the postal service grapples with a…